Daily Economy
-
•
The Devastation Wrought on Small Business
“The brutalism of the initial coronavirus lockdown orders, as well as the soft extension of the quarantine disguised as “Phased Reopenings,” have put SBO’s in an inhumane position. It’s neutered their ability to attract not only patrons, but employees.” ~ Taleed Brown
-
•
Unit-Auto Sales Stage Partial Rebound Following A Two-Month Plunge
Auto sales partially rebounded in May following a two-month plunge. Some areas of the economy may be bottoming, setting the stage for growth later in the year.
-
•
Initial Unemployment Claims Continue to Fall
Continued slowing of initial claims may be a sign the economy is bottoming and setting the stage for growth later in the year.
-
•
Unemployment Far Worse in Lockdown States, Data Show
“In general, states that were still closed on May 9 had the highest average insured unemployment rates relative to the average for that same group on March 1. The unemployment rate of fully locked down states was at least double than states that had no formal lockdown.” ~ Abigail Devereaux
-
•
A Nation of True Believers
“Lots of Americans are also frustrated. Their putative leaders have infantilized them through decades of paternalistic laws that try to micromanage their lives. It is beginning to dawn on them that election results are unlikely to change anything under our duopolistic, or revolving monopolistic, political system.” ~ Robert Wright
-
•
How LockDowns Shattered the Structure of Production
“Fully lifting government restrictions and restraints will see people, once again, willingly demanding all the goods they want when they are at liberty to freely work and earn, to supply and demand, once more.” ~ Richard M. Ebeling
-
•
Signs of Improvement in the ISM Nonmanufacturing Survey in May
The nonmanufacturing sector contracted at a slower pace in May amid easing restrictions and rising optimism for a rebound.
-
•
Japan’s Three Decades of Depressive Stimulus Schemes
“The U.S. and Japan are old welfare states that can’t afford what they’re doing; nonetheless, their politicians can’t seem to succeed electorally without persisting in their profligacy. Japan’s history signals the likely outcome for copycats: prolonged stagnation.” Richard M. Salsman
-
•
Looters, Lockdowners, and the Law
“Based on the speed and duplicity of the news cycle, we can predict with confidence that within six months, you won’t find a single person in public life willing to defend the lockdown. And yet it was this event that laid the foundation for the rest of the tragic unfolding of events that is wrecking…
-
•
Question the Mask Mandates, for Reasons of Science
“CDC guidelines regarding the use of cloth masks have seen a complete 180-degree inversion over the last two months. With rapid changes like this we see the human side of science, we see the social and political aspects of the scientific process.” ~ Diana W. Thomas and Michael D. Thomas
-
•
The Devastation Wrought on Small Business
“The brutalism of the initial coronavirus lockdown orders, as well as the soft extension of the quarantine disguised as “Phased Reopenings,” have put SBO’s in an inhumane position. It’s neutered their ability to attract not only patrons, but employees.” ~ Taleed Brown
-
•
Unit-Auto Sales Stage Partial Rebound Following A Two-Month Plunge
Auto sales partially rebounded in May following a two-month plunge. Some areas of the economy may be bottoming, setting the stage for growth later in the year.
-
•
Initial Unemployment Claims Continue to Fall
Continued slowing of initial claims may be a sign the economy is bottoming and setting the stage for growth later in the year.
-
•
Unemployment Far Worse in Lockdown States, Data Show
“In general, states that were still closed on May 9 had the highest average insured unemployment rates relative to the average for that same group on March 1. The unemployment rate of fully locked down states was at least double than states that had no formal lockdown.” ~ Abigail Devereaux
-
•
A Nation of True Believers
“Lots of Americans are also frustrated. Their putative leaders have infantilized them through decades of paternalistic laws that try to micromanage their lives. It is beginning to dawn on them that election results are unlikely to change anything under our duopolistic, or revolving monopolistic, political system.” ~ Robert Wright
-
•
How LockDowns Shattered the Structure of Production
“Fully lifting government restrictions and restraints will see people, once again, willingly demanding all the goods they want when they are at liberty to freely work and earn, to supply and demand, once more.” ~ Richard M. Ebeling
-
•
Signs of Improvement in the ISM Nonmanufacturing Survey in May
The nonmanufacturing sector contracted at a slower pace in May amid easing restrictions and rising optimism for a rebound.
-
•
Japan’s Three Decades of Depressive Stimulus Schemes
“The U.S. and Japan are old welfare states that can’t afford what they’re doing; nonetheless, their politicians can’t seem to succeed electorally without persisting in their profligacy. Japan’s history signals the likely outcome for copycats: prolonged stagnation.” Richard M. Salsman
-
•
Looters, Lockdowners, and the Law
“Based on the speed and duplicity of the news cycle, we can predict with confidence that within six months, you won’t find a single person in public life willing to defend the lockdown. And yet it was this event that laid the foundation for the rest of the tragic unfolding of events that is wrecking…
-
•
Question the Mask Mandates, for Reasons of Science
“CDC guidelines regarding the use of cloth masks have seen a complete 180-degree inversion over the last two months. With rapid changes like this we see the human side of science, we see the social and political aspects of the scientific process.” ~ Diana W. Thomas and Michael D. Thomas