Daily Economy
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The Gaslighting of the American People
“We can reject gaslighting and insist on regaining our rights, though whether we will forget this nightmare is debatable. Punishing our persecutors is certainly beyond us. A pity.” ~ Caroline Breashears
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The Fiscal Centralization of Europe Will Not End Well
“Europe may be experiencing a ‘Hamiltonian moment,’ but the path towards a federal Europe will remain both long and tortuous. Political opposition to the European experiment has been growing as the perceived costs of membership of the EU begins to eclipse the benefits for some members of the Union.” ~ Colin Lloyd
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Which Diseases Are on the Rise As We Fight COVID-19?
“Proponents of COVID-19 prevention measures are perfectly willing to discuss the lives that are saved at the expense of economic progress. But when will there be widespread recognition that these very same measures could cause millions of people around the world to contract––and die from––other preventable diseases? Are those lives somehow exempt from our tradeoff…
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Who Bears the Burden of Dollars’ Falling Purchasing Power?
“Inflation is not a one-trick pony, with an easily predictable outcome. Rather, it does several things at the same time. Looking at claims like the eradication of a dollar’s purchasing power is misleading: it is not the case that inflation has ripped off savers by eradicating 97% of their savings’ worth.” ~ Joakim Book
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Madness in Melbourne
“I cry for the once-great city of Melbourne this day. May there be justice. And may its future political leadership be granted some modicum of decency and wisdom.” ~ Jeffrey Tucker
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The Use of Knowledge in a Pandemic
“As Hayek reminded us, ‘We need decentralization because only thus can we ensure that the knowledge of the particular circumstances of time and place will be promptly used’ (p. 524). We’ve been here before. You are more of an expert than you might think.” ~ Jonathan Newman & Anthony Gill
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Charles James Fox and the Consistent Defense of Liberty
On matters concerning modern political parties and the politicians they produce, my natural inclination is to ridicule and disparage both. When pressed to declare an affiliation though, I usually answer “Foxite Whig.” The reference is admittedly obscure. It carries no pretentious expectation of a dark horse victory from an affiliation that does not even exist…
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Fauci Pushes Goggles. Are Snorkels Next?
“It was my pleasure to join Liz Wheeler’s show ‘Tipping Point’ to discuss the devastating GDP figures and the broader economic contraction facing America as we continue to follow the flawed strategy of government imposed lockdowns. I also demonstrated a possible next phase of clothing mandate.” Phil Magness
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Positive Signs for the Manufacturing Sector but Employment Remains Weak
The ISM Manufacturing survey showed another gain in July as orders and production expanded but the survey suggests labor dynamics remain weak.
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Paul Krugman’s Ad Hominem Defense of Central Banking
“Paul Krugman may hide behind rude and crude ad hominem attacks on those who do not share his views, but that does not prove his case. It only serves to harm his own reputation and legitimacy in the arena of public policy debate.” ~ Richard M. Ebeling
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•
The Gaslighting of the American People
“We can reject gaslighting and insist on regaining our rights, though whether we will forget this nightmare is debatable. Punishing our persecutors is certainly beyond us. A pity.” ~ Caroline Breashears
-
•
The Fiscal Centralization of Europe Will Not End Well
“Europe may be experiencing a ‘Hamiltonian moment,’ but the path towards a federal Europe will remain both long and tortuous. Political opposition to the European experiment has been growing as the perceived costs of membership of the EU begins to eclipse the benefits for some members of the Union.” ~ Colin Lloyd
-
•
Which Diseases Are on the Rise As We Fight COVID-19?
“Proponents of COVID-19 prevention measures are perfectly willing to discuss the lives that are saved at the expense of economic progress. But when will there be widespread recognition that these very same measures could cause millions of people around the world to contract––and die from––other preventable diseases? Are those lives somehow exempt from our tradeoff…
-
•
Who Bears the Burden of Dollars’ Falling Purchasing Power?
“Inflation is not a one-trick pony, with an easily predictable outcome. Rather, it does several things at the same time. Looking at claims like the eradication of a dollar’s purchasing power is misleading: it is not the case that inflation has ripped off savers by eradicating 97% of their savings’ worth.” ~ Joakim Book
-
•
Madness in Melbourne
“I cry for the once-great city of Melbourne this day. May there be justice. And may its future political leadership be granted some modicum of decency and wisdom.” ~ Jeffrey Tucker
-
•
The Use of Knowledge in a Pandemic
“As Hayek reminded us, ‘We need decentralization because only thus can we ensure that the knowledge of the particular circumstances of time and place will be promptly used’ (p. 524). We’ve been here before. You are more of an expert than you might think.” ~ Jonathan Newman & Anthony Gill
-
•
Charles James Fox and the Consistent Defense of Liberty
On matters concerning modern political parties and the politicians they produce, my natural inclination is to ridicule and disparage both. When pressed to declare an affiliation though, I usually answer “Foxite Whig.” The reference is admittedly obscure. It carries no pretentious expectation of a dark horse victory from an affiliation that does not even exist…
-
•
Fauci Pushes Goggles. Are Snorkels Next?
“It was my pleasure to join Liz Wheeler’s show ‘Tipping Point’ to discuss the devastating GDP figures and the broader economic contraction facing America as we continue to follow the flawed strategy of government imposed lockdowns. I also demonstrated a possible next phase of clothing mandate.” Phil Magness
-
•
Positive Signs for the Manufacturing Sector but Employment Remains Weak
The ISM Manufacturing survey showed another gain in July as orders and production expanded but the survey suggests labor dynamics remain weak.
-
•
Paul Krugman’s Ad Hominem Defense of Central Banking
“Paul Krugman may hide behind rude and crude ad hominem attacks on those who do not share his views, but that does not prove his case. It only serves to harm his own reputation and legitimacy in the arena of public policy debate.” ~ Richard M. Ebeling