Daily Economy
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Ant Group’s IPO and the Rising Tide of Authoritarianism
“Although China may seem like a far-off place, authoritarianism is on the rise here in the United States. The cost of liberty is eternal vigilance, and today there is a growing tide of economic illiberalism that seeks to betray core economic principles. Such an onslaught will not only leave us economically worse off but as…
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Initial Claims for Unemployment Benefits Fall Slightly
“Initial claims for unemployment benefits fell slightly and remained below 800,000 for a third week, but risks to the recovery remain.” – Robert Hughes
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Light-Vehicle Sales Ticked Down in October
“Auto sales fell slightly in October but stayed at the lower end of the historical range.” – Robert Hughes
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We need a Market for Expert Advice, and Competition Among Experts
“Without competition among experts, we can expect more expert failure in the future. It is time to reform SAGE and reduce the monopoly power of its one, largely unchallenged, team of experts.” ~ Roger Koppl
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The Fun Night that Wasn’t Fun
“May this wonderful country be forever spared another nightmare such as 2020 has brought. The way to make sure that happens is finally to recognize and embrace the limits of state power. Let them figure out how to count ballots before they ever again take away our freedoms in the name of virus management.” ~…
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ISM Services Index Eases Back in October but Still Suggests Expansion
“The services sector expanded again in October, but employment remains weak. Renewed lockdowns and restrictions remain a threat to future growth.” – Robert Hughes
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The 2013 Lockdown Experiment in Boston
“In April 2013, a citywide lockdown was cancelled in less than one day owing to concerns about health & commercial costs.” ~ Peter C. Earle
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Attacks on Dissenting Voices Set Back Scientific Progress
“Learning depends on open inquiry. Thoughtful, informed people know that something is terribly wrong with the Covid-19 orthodoxy. Others have ‘nagging suspicions.’ If dissenting voices continue to be attacked by those in positions of power, there is little doubt that decades from now historians will ask, How could they have been so blind?” ~ Barry…
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A Sensible and Compassionate Anti-COVID Strategy
“We should respond to the COVID virus rationally: protect the vulnerable, treat the people who get infected compassionately, develop a vaccine. And while doing these things we should bring back the civilization that we had so that the cure does not end up being worse than the disease.” ~ Dr. Jayanta Bhattacharya
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The ’Rona Squeeze and a Swedish Hip-Hopper
“Most everywhere else, different rules apply: no matter the facts, we must squeeze harder. The badly-behaved virus must stop progressing, must cease and desist. Anything else, apparently, ‘just doesn’t seem worth it.'” ~ Joakim Book
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•
Ant Group’s IPO and the Rising Tide of Authoritarianism
“Although China may seem like a far-off place, authoritarianism is on the rise here in the United States. The cost of liberty is eternal vigilance, and today there is a growing tide of economic illiberalism that seeks to betray core economic principles. Such an onslaught will not only leave us economically worse off but as…
-
•
Initial Claims for Unemployment Benefits Fall Slightly
“Initial claims for unemployment benefits fell slightly and remained below 800,000 for a third week, but risks to the recovery remain.” – Robert Hughes
-
•
Light-Vehicle Sales Ticked Down in October
“Auto sales fell slightly in October but stayed at the lower end of the historical range.” – Robert Hughes
-
•
We need a Market for Expert Advice, and Competition Among Experts
“Without competition among experts, we can expect more expert failure in the future. It is time to reform SAGE and reduce the monopoly power of its one, largely unchallenged, team of experts.” ~ Roger Koppl
-
•
The Fun Night that Wasn’t Fun
“May this wonderful country be forever spared another nightmare such as 2020 has brought. The way to make sure that happens is finally to recognize and embrace the limits of state power. Let them figure out how to count ballots before they ever again take away our freedoms in the name of virus management.” ~…
-
•
ISM Services Index Eases Back in October but Still Suggests Expansion
“The services sector expanded again in October, but employment remains weak. Renewed lockdowns and restrictions remain a threat to future growth.” – Robert Hughes
-
•
The 2013 Lockdown Experiment in Boston
“In April 2013, a citywide lockdown was cancelled in less than one day owing to concerns about health & commercial costs.” ~ Peter C. Earle
-
•
Attacks on Dissenting Voices Set Back Scientific Progress
“Learning depends on open inquiry. Thoughtful, informed people know that something is terribly wrong with the Covid-19 orthodoxy. Others have ‘nagging suspicions.’ If dissenting voices continue to be attacked by those in positions of power, there is little doubt that decades from now historians will ask, How could they have been so blind?” ~ Barry…
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•
A Sensible and Compassionate Anti-COVID Strategy
“We should respond to the COVID virus rationally: protect the vulnerable, treat the people who get infected compassionately, develop a vaccine. And while doing these things we should bring back the civilization that we had so that the cure does not end up being worse than the disease.” ~ Dr. Jayanta Bhattacharya
-
•
The ’Rona Squeeze and a Swedish Hip-Hopper
“Most everywhere else, different rules apply: no matter the facts, we must squeeze harder. The badly-behaved virus must stop progressing, must cease and desist. Anything else, apparently, ‘just doesn’t seem worth it.'” ~ Joakim Book