Daily Economy
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The Empirical Case for a Mask Mandate Lacks Scientific Grounding
“Americans rapidly adopted masks last summer and have continued to use them at consistently high rates ever since. Adding a new national mask mandate on top of this practice will bring little if any additional benefit to what voluntary adoption already achieved, though it may foster a false hope in the exaggerated claims of an…
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New Study Indicates Lockdowns Didn’t Slow the Spread of Covid-19
“Perhaps there is a sort of heroic romanticism about flexing the muscles of the state to stop a fearsome enemy that makes lockdowns so attractive. The only problem with this is that we are dealing with reality, and society is not a playset.” ~ Ethan Yang
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Trump’s Fall and the Rise of the Tribal Collectivists
“Friends of liberty must gird themselves for an intellectual and ideological battle the likes of which very few of us have experienced outside of a totalitarian state and its campaign of mind-controlling propaganda.” ~ Richard M. Ebeling
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On Richard Epstein on Regulating “Big Tech”
“The chief condition for such competition to remain real and effective is that government not obstruct it. As long as government itself remains neutral and nondiscriminatory, the best protection for consumers and for the polity is the free-market process.” ~ Donald J. Boudreaux
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The Economic Policy Failures of the Trump Administration
“The economic policies of the Trump administration constitute one of the greatest lost opportunities of the postwar period. We’ll be paying the price for decades. The fundamental problem traces most fundamentally to an illiberal philosophy behind the seeming policy chaos. Repairing that problem is essential to laying the necessary groundwork to recover what has been…
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CARES Act Stimulus Did Not “Replace Lost Wages”
“Far from stimulus checks, PPP loans and jobless benefits ‘replacing lost wages,’ it was instead a swift increase in private wages during the reopening that replaced a swift withdrawal of ‘fiscal stimulus.'” ~ Alan Reynolds
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From the Land of Financial Bubbles
“For the aspiring startup today, perhaps working away in the venture-cap lands of overpriced unicorns, the history of bubble allegations teaches you one thing: be right or be a bubble. Until the dust has settled, nobody can really tell.” ~ Joakim Book
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Pandemic Security Theater
“After ten months of lockdowns and shocking degrees of economic and social carnage, millions of Americans have decided that there surely must be some rationale for all the insanity and have signed on to become enforcers themselves, even and perhaps especially when the rules make no sense at all.” ~ James Bovard
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The Physics Behind Freedom
“Bejan’s book shows that freedom is actually scientifically good for society. It truly is a groundbreaking fusion of physics and economics. In his case, he sees things through the lens of energy movement and evolution, the literal workings of the universe. Economists call prosperity the result of free people and free markets. He calls it…
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Shifting Political Views and Covid Concerns Pull Down Consumer Sentiment
“Consumer sentiment fell in early January, driven largely by ideology. Combined with renewed restrictions and weakening economic activity, the outlook remains highly uncertain.” – Robert Hughes
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•
The Empirical Case for a Mask Mandate Lacks Scientific Grounding
“Americans rapidly adopted masks last summer and have continued to use them at consistently high rates ever since. Adding a new national mask mandate on top of this practice will bring little if any additional benefit to what voluntary adoption already achieved, though it may foster a false hope in the exaggerated claims of an…
-
•
New Study Indicates Lockdowns Didn’t Slow the Spread of Covid-19
“Perhaps there is a sort of heroic romanticism about flexing the muscles of the state to stop a fearsome enemy that makes lockdowns so attractive. The only problem with this is that we are dealing with reality, and society is not a playset.” ~ Ethan Yang
-
•
Trump’s Fall and the Rise of the Tribal Collectivists
“Friends of liberty must gird themselves for an intellectual and ideological battle the likes of which very few of us have experienced outside of a totalitarian state and its campaign of mind-controlling propaganda.” ~ Richard M. Ebeling
-
•
On Richard Epstein on Regulating “Big Tech”
“The chief condition for such competition to remain real and effective is that government not obstruct it. As long as government itself remains neutral and nondiscriminatory, the best protection for consumers and for the polity is the free-market process.” ~ Donald J. Boudreaux
-
•
The Economic Policy Failures of the Trump Administration
“The economic policies of the Trump administration constitute one of the greatest lost opportunities of the postwar period. We’ll be paying the price for decades. The fundamental problem traces most fundamentally to an illiberal philosophy behind the seeming policy chaos. Repairing that problem is essential to laying the necessary groundwork to recover what has been…
-
•
CARES Act Stimulus Did Not “Replace Lost Wages”
“Far from stimulus checks, PPP loans and jobless benefits ‘replacing lost wages,’ it was instead a swift increase in private wages during the reopening that replaced a swift withdrawal of ‘fiscal stimulus.'” ~ Alan Reynolds
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•
From the Land of Financial Bubbles
“For the aspiring startup today, perhaps working away in the venture-cap lands of overpriced unicorns, the history of bubble allegations teaches you one thing: be right or be a bubble. Until the dust has settled, nobody can really tell.” ~ Joakim Book
-
•
Pandemic Security Theater
“After ten months of lockdowns and shocking degrees of economic and social carnage, millions of Americans have decided that there surely must be some rationale for all the insanity and have signed on to become enforcers themselves, even and perhaps especially when the rules make no sense at all.” ~ James Bovard
-
•
The Physics Behind Freedom
“Bejan’s book shows that freedom is actually scientifically good for society. It truly is a groundbreaking fusion of physics and economics. In his case, he sees things through the lens of energy movement and evolution, the literal workings of the universe. Economists call prosperity the result of free people and free markets. He calls it…
-
•
Shifting Political Views and Covid Concerns Pull Down Consumer Sentiment
“Consumer sentiment fell in early January, driven largely by ideology. Combined with renewed restrictions and weakening economic activity, the outlook remains highly uncertain.” – Robert Hughes