Daily Economy
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On Shocking Job Losses, the Worst May Be Over (Video)
Roughly 33.5 million people have now filed for jobless aid in the seven weeks since the coronavirus began forcing millions of companies to close their doors and slash their workforces. Here I join Karen Tso, Steve Sedgwick, and Julianna Tatelbaum from CNBC “Street Signs” to discuss the U.S. economy.
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New Unemployment Claims Continue to Slow but Remain Enormous
The labor market and economic activity in general continues to be crushed by the unprecedented impact of the COVID-19 outbreak.
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April Unit-Auto Sales Running at Just Half the Recent Pace
Auto sales plunged again in April providing more evidence of the dramatic impact of COVID-19 and supporting the near-certainty that the U.S. has entered recession.
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Michael Moore Acknowledges: There Are No Alternatives to Energy Reality
While Planet of the Humans doesn’t say anything that long-time critics of alternative energy haven’t discussed in more detail, it lifts the green curtain and provides much new and very effective footage of the waste, lies and destruction that prop up the sets on the stage. Among the waste are the bankrupt and collapsed infrastructure…
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Public Choice and the Lockdowns
Public Choice seeks to apply our assumptions about human beings and their behavior to the state in the same way we apply those assumptions to other human institutions. It asks us not to be romantic about political power and the way it operates.
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Should China Pay Reparations?
For the Chinese to pay reparation fees in ways that don’t involve any current increase in American imports, they would have to liquidate a great deal of their investments in America. Any such liquidation would reduce asset values here at home.
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Masks in Sweden: A Followup
In response to my piece on Masks in Sweden, I received the following fascinating note which compares the attitude in Sweden with that in the United States. I think readers will find this very interesting.
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How to Stop Food Shortages
What Americans really have to fear are “anti-gouging” laws applied to food. If food prices are not allowed to rise when supply and demand conditions warrant, shortages will occur and, potentially, famine. It is difficult to believe that anyone has to make such a point in 2020, but that is where we are.
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Problems With COVID-19 Science (Video)
What can economics tell us about modeling the policy response to pandemics? In this interview we discuss the role of interdisciplinary insights into public health policy, scrutinize the coronavirus models, and explore the challenges with accurately forecasting disease transmission.
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ISM Nonmanufacturing Survey Drops Well into Recessionary Territory in April
The nonmanufacturing sector contracted in April for the first time since 2009 and continues the tsunami of disastrous economic data since the outbreak of COVID-19.
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•
On Shocking Job Losses, the Worst May Be Over (Video)
Roughly 33.5 million people have now filed for jobless aid in the seven weeks since the coronavirus began forcing millions of companies to close their doors and slash their workforces. Here I join Karen Tso, Steve Sedgwick, and Julianna Tatelbaum from CNBC “Street Signs” to discuss the U.S. economy.
-
•
New Unemployment Claims Continue to Slow but Remain Enormous
The labor market and economic activity in general continues to be crushed by the unprecedented impact of the COVID-19 outbreak.
-
•
April Unit-Auto Sales Running at Just Half the Recent Pace
Auto sales plunged again in April providing more evidence of the dramatic impact of COVID-19 and supporting the near-certainty that the U.S. has entered recession.
-
•
Michael Moore Acknowledges: There Are No Alternatives to Energy Reality
While Planet of the Humans doesn’t say anything that long-time critics of alternative energy haven’t discussed in more detail, it lifts the green curtain and provides much new and very effective footage of the waste, lies and destruction that prop up the sets on the stage. Among the waste are the bankrupt and collapsed infrastructure…
-
•
Public Choice and the Lockdowns
Public Choice seeks to apply our assumptions about human beings and their behavior to the state in the same way we apply those assumptions to other human institutions. It asks us not to be romantic about political power and the way it operates.
-
•
Should China Pay Reparations?
For the Chinese to pay reparation fees in ways that don’t involve any current increase in American imports, they would have to liquidate a great deal of their investments in America. Any such liquidation would reduce asset values here at home.
-
•
Masks in Sweden: A Followup
In response to my piece on Masks in Sweden, I received the following fascinating note which compares the attitude in Sweden with that in the United States. I think readers will find this very interesting.
-
•
How to Stop Food Shortages
What Americans really have to fear are “anti-gouging” laws applied to food. If food prices are not allowed to rise when supply and demand conditions warrant, shortages will occur and, potentially, famine. It is difficult to believe that anyone has to make such a point in 2020, but that is where we are.
-
•
Problems With COVID-19 Science (Video)
What can economics tell us about modeling the policy response to pandemics? In this interview we discuss the role of interdisciplinary insights into public health policy, scrutinize the coronavirus models, and explore the challenges with accurately forecasting disease transmission.
-
•
ISM Nonmanufacturing Survey Drops Well into Recessionary Territory in April
The nonmanufacturing sector contracted in April for the first time since 2009 and continues the tsunami of disastrous economic data since the outbreak of COVID-19.