Daily Economy
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Initial Claims for Unemployment Benefits Hold Above 800,000 For Third Week
“Initial claims for unemployment benefits fell in the latest week but the four-week average rose again as government restrictions continue to threaten the recovery.” – Robert Hughes
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As Tom Brady Reaches His 10th Super Bowl, Does Inequality Still Bother You?
“The unequal elevate those around them. Does anyone think the Patriots would have missed the playoffs had Brady stayed? Does anyone think the Buccaneers would be in the Super Bowl without Brady? Let’s be serious.” ~ John Tamny
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Who’s to Blame for the Rash of Short Squeezes?
“Cantillon Effects, not overzealous short selling or swarming retail traders, are the ultimate cause of the rash of explosive short squeezes in US equity markets.” ~ Peter C. Earle
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A Nuanced Approach to China Part One
“Diplomacy, economic engagement, and the reserved use of military force are the core principles that define disciplined interstate relations. Throwing them out in favor of romanticized visions of conflict and glory would be playing checkers while China is playing chess.” ~ Ethan Yang
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Core Capital-Goods Orders Hit A Record High in December
“Manufacturers’ new orders for durable goods rose in December, with core capital goods at a record high. The strong showing reflects the resilience of the private sector.” – Robert Hughes
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Two Years to Stop the Spread: Some Countries will Close Borders until at least 2022
“Still, many American ‘public health experts’ have urged legislators to adopt the Australia and New Zealand rights-restricting model for ‘stopping the spread.’ Dr. Anthony Fauci, the long time government health bureaucrat, has applauded Australia and New Zealand, claiming they have ‘done quite well’ in their draconian policy response to COVID-19.” ~ Jordan Schachtel
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Too Many Experts, Too Little Knowledge
“The kind of information people acquire in their myriad interactions with others is often undervalued as a means of preventative behavior. As helpful as science is for understanding causal mechanisms — and it is — it should not be the only source of knowledge that informs your behavior, let alone policy.” ~ Byron B. Carson…
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Awash in Warped Words
“The malleability of language has allowed new iterations of statism to masquerade as means to the good society, because linguistic misdirection has made foolish thoughts about social organization more viable. At the same time, it has made it harder to communicate the benefits that are only achievable through liberty.” ~ Gary M. Galles
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Consumers Grow More Optimistic About the Outlook in January
“Consumer attitudes improved slightly in January, led by improving short-term expectations. Covid and politics remain key drivers.” – Robert Hughes
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•
What Is the Alternative to Lockdowns? A Symposium
Preserving the normal functioning society must be the priority in order to maximize the health of the community, and not by focusing on just one pathogen but all aspects of public health.
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•
Initial Claims for Unemployment Benefits Hold Above 800,000 For Third Week
“Initial claims for unemployment benefits fell in the latest week but the four-week average rose again as government restrictions continue to threaten the recovery.” – Robert Hughes
-
•
As Tom Brady Reaches His 10th Super Bowl, Does Inequality Still Bother You?
“The unequal elevate those around them. Does anyone think the Patriots would have missed the playoffs had Brady stayed? Does anyone think the Buccaneers would be in the Super Bowl without Brady? Let’s be serious.” ~ John Tamny
-
•
Who’s to Blame for the Rash of Short Squeezes?
“Cantillon Effects, not overzealous short selling or swarming retail traders, are the ultimate cause of the rash of explosive short squeezes in US equity markets.” ~ Peter C. Earle
-
•
A Nuanced Approach to China Part One
“Diplomacy, economic engagement, and the reserved use of military force are the core principles that define disciplined interstate relations. Throwing them out in favor of romanticized visions of conflict and glory would be playing checkers while China is playing chess.” ~ Ethan Yang
-
•
Core Capital-Goods Orders Hit A Record High in December
“Manufacturers’ new orders for durable goods rose in December, with core capital goods at a record high. The strong showing reflects the resilience of the private sector.” – Robert Hughes
-
•
Two Years to Stop the Spread: Some Countries will Close Borders until at least 2022
“Still, many American ‘public health experts’ have urged legislators to adopt the Australia and New Zealand rights-restricting model for ‘stopping the spread.’ Dr. Anthony Fauci, the long time government health bureaucrat, has applauded Australia and New Zealand, claiming they have ‘done quite well’ in their draconian policy response to COVID-19.” ~ Jordan Schachtel
-
•
Too Many Experts, Too Little Knowledge
“The kind of information people acquire in their myriad interactions with others is often undervalued as a means of preventative behavior. As helpful as science is for understanding causal mechanisms — and it is — it should not be the only source of knowledge that informs your behavior, let alone policy.” ~ Byron B. Carson…
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•
Awash in Warped Words
“The malleability of language has allowed new iterations of statism to masquerade as means to the good society, because linguistic misdirection has made foolish thoughts about social organization more viable. At the same time, it has made it harder to communicate the benefits that are only achievable through liberty.” ~ Gary M. Galles
-
•
Consumers Grow More Optimistic About the Outlook in January
“Consumer attitudes improved slightly in January, led by improving short-term expectations. Covid and politics remain key drivers.” – Robert Hughes
-
•
What Is the Alternative to Lockdowns? A Symposium
Preserving the normal functioning society must be the priority in order to maximize the health of the community, and not by focusing on just one pathogen but all aspects of public health.