Daily Economy
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New Single-Family Home Sales Remain Strong in October
“The single-family housing market remains a bright spot for the economy, supported by low interest rates and strong demand.” – Robert Hughes
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Durable-Goods Orders Post Sixth Consecutive Gain
“Manufacturers’ new orders for durable goods rose in October, with some categories at new record highs but renewed government restrictions are threatening the outlook.” – Robert Hughes
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Initial Claims for Unemployment Benefits Rose Slightly for A Second Week
“Initial claims for unemployment benefits rose again in the latest week, pushing the four-week average to the first increase since July 25, a worrying sign for the economy” – Robert Hughes
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The Thanksgiving Rebellion of 2020
“This bureaucratic hydra of federal, state, and local governments tried to delete Thanksgiving. And this is at a time of unprecedented sadness and depression when people are most in need of family and companionship. This is absolutely cruel. What the heck has become of us? Well, Americans being Americans, they rebelled.” ~ Jeffrey Tucker
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How Bad is Our Social Dilemma?
“What critics refer to when they say ‘This time is the same’ isn’t that television, newspapers, or cars revolutionized our societies in the exact same way that social media are doing, but that we found ways to deal with them. Live with them. Constrain them. Even if Harris doesn’t seem to think so, we can…
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Corona-Absurdity Collides with California, New York, and Thanksgiving
“If coronavirus takes a lunch break then it will soon enough take many more breaks throughout the day. Absurd eventually swallows itself. Even in California and New York.” ~ John Tamny
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Consumers Grow Less Optimistic About the Short-Term Outlook in November
“Consumer attitudes weakened in November, particularly for short-term expectations. Pessimism about jobs and the economy may restrain consumer spending and harm the economic recovery.” – Robert Hughes
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•
Tyler vs. Tyler?
“Given that one of Tyler’s most intriguing arguments in Stubborn Attachments is that we discount the value of the future far too greatly – implying that we value the present far too much relative to the future – I believe that the 2018 Tyler Cowen would be a most intriguing, perhaps even confrontational, guest of…
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Without Permissionless Innovation, Would we Really Love Rock & Roll?
“Even if you think the ‘Queen of Noise’ produces nothing but noise, her success in a world of permissionless innovation is a good reason to love rock & roll.” ~ Art Carden
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Student-Loan Cancellation Shouldn’t Happen, But It’s Not The ‘Working Classes’ Bailing Out The Rich
“While it would be wrong to forgive federal student debt, let’s not add to what’s incorrect with nonsensical allusions to ‘real America’ paying for bailouts of Beverly Hills, Manhattan and Pacific Heights.” ~ John Tamny
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•
New Single-Family Home Sales Remain Strong in October
“The single-family housing market remains a bright spot for the economy, supported by low interest rates and strong demand.” – Robert Hughes
-
•
Durable-Goods Orders Post Sixth Consecutive Gain
“Manufacturers’ new orders for durable goods rose in October, with some categories at new record highs but renewed government restrictions are threatening the outlook.” – Robert Hughes
-
•
Initial Claims for Unemployment Benefits Rose Slightly for A Second Week
“Initial claims for unemployment benefits rose again in the latest week, pushing the four-week average to the first increase since July 25, a worrying sign for the economy” – Robert Hughes
-
•
The Thanksgiving Rebellion of 2020
“This bureaucratic hydra of federal, state, and local governments tried to delete Thanksgiving. And this is at a time of unprecedented sadness and depression when people are most in need of family and companionship. This is absolutely cruel. What the heck has become of us? Well, Americans being Americans, they rebelled.” ~ Jeffrey Tucker
-
•
How Bad is Our Social Dilemma?
“What critics refer to when they say ‘This time is the same’ isn’t that television, newspapers, or cars revolutionized our societies in the exact same way that social media are doing, but that we found ways to deal with them. Live with them. Constrain them. Even if Harris doesn’t seem to think so, we can…
-
•
Corona-Absurdity Collides with California, New York, and Thanksgiving
“If coronavirus takes a lunch break then it will soon enough take many more breaks throughout the day. Absurd eventually swallows itself. Even in California and New York.” ~ John Tamny
-
•
Consumers Grow Less Optimistic About the Short-Term Outlook in November
“Consumer attitudes weakened in November, particularly for short-term expectations. Pessimism about jobs and the economy may restrain consumer spending and harm the economic recovery.” – Robert Hughes
-
•
Tyler vs. Tyler?
“Given that one of Tyler’s most intriguing arguments in Stubborn Attachments is that we discount the value of the future far too greatly – implying that we value the present far too much relative to the future – I believe that the 2018 Tyler Cowen would be a most intriguing, perhaps even confrontational, guest of…
-
•
Without Permissionless Innovation, Would we Really Love Rock & Roll?
“Even if you think the ‘Queen of Noise’ produces nothing but noise, her success in a world of permissionless innovation is a good reason to love rock & roll.” ~ Art Carden
-
•
Student-Loan Cancellation Shouldn’t Happen, But It’s Not The ‘Working Classes’ Bailing Out The Rich
“While it would be wrong to forgive federal student debt, let’s not add to what’s incorrect with nonsensical allusions to ‘real America’ paying for bailouts of Beverly Hills, Manhattan and Pacific Heights.” ~ John Tamny