Daily Economy
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Science and the Pandemic
I can think of no greater offense against a genuinely scientific attitude than to support policies – especially ones adopted in haste and in a panic, and which diminish the amount of information that is uncovered and put to good use throughout society – simply because these policies are recommended by some epidemiologists.
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Why “Operation Warp Speed” Could Be Deadly
For some, perhaps those in crowded urban environments, taking a COVID-19 vaccine may seem like a wise choice. Individuals choosing to be vaccinated deserve the safest possible vaccine, a vaccine for which insurance companies insuring vaccine manufacturers will provide liability protection.
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Matt Ridley on Innovation
Innovation happens when ideas can meet and mate, when experiment is encouraged, when people and goods can move freely and when money can flow rapidly towards fresh concepts, when those who invest can be sure their rewards will not be stolen.
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An “Austrian” Agenda for Post-Coronavirus Recovery
The “enemy” in our case is not a “them,” but the “us.” Only by facing, challenging, and defeating the ideas of collectivism, welfare statism, and the political paternalism of governmental planning with which too many Americans have become intellectually and culturally “infected,” is there a way back to the prosperity that we can have.
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Elvis Was King, Ike Was President, and 116,000 Americans Died in a Pandemic
For staying calm and treating the terrible Asian flu of 1957 as a medical problem to address with medical intelligence, rather than as an excuse to unleash Medieval-style brutality, this first postwar generation deserves our respect and admiration.
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It Is Not Our Ignorance that Will Kill Us, But Our Arrogance
Join me in collectively repeating the following — I do not know what is best for everyone to do. If we internalize that, we begin to realize that is true for everyone. This prevents us from falling prey to what Adam Smith referred to as innumerable delusions. There is no panacea to our social ills.…
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Masks in Sweden
Swedes practice social distancing, but they don’t much wear masks. In the stores, on the urban streets, and on public transportation, perhaps 10 percent wear masks. Not many. Why is that?
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•
The Crisis Experts are Themselves the Crisis
So are Fauci and Gates wrong, or are Musk and Burry incorrect? Should local, state and national politicians seek economic re-opening, or is this virus so lethal that we must remain locked down for weeks? No one really knows. Since no one does, better for governments and experts to do nothing so that well-informed markets…
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•
Negative Oil Prices – Economic Implications
The price of oil and gas will be resurgent in 2021, if not before; sadly, the world economy may take a while longer to heal.
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•
Incompetent Experts and Bad Government
Ignorance and malfeasance: this is what the American people have been forced to endure from those who govern them. We have no reason to expect things will be different in the future, unless we unequivocally demand it otherwise.
-
•
Science and the Pandemic
I can think of no greater offense against a genuinely scientific attitude than to support policies – especially ones adopted in haste and in a panic, and which diminish the amount of information that is uncovered and put to good use throughout society – simply because these policies are recommended by some epidemiologists.
-
•
Why “Operation Warp Speed” Could Be Deadly
For some, perhaps those in crowded urban environments, taking a COVID-19 vaccine may seem like a wise choice. Individuals choosing to be vaccinated deserve the safest possible vaccine, a vaccine for which insurance companies insuring vaccine manufacturers will provide liability protection.
-
•
Matt Ridley on Innovation
Innovation happens when ideas can meet and mate, when experiment is encouraged, when people and goods can move freely and when money can flow rapidly towards fresh concepts, when those who invest can be sure their rewards will not be stolen.
-
•
An “Austrian” Agenda for Post-Coronavirus Recovery
The “enemy” in our case is not a “them,” but the “us.” Only by facing, challenging, and defeating the ideas of collectivism, welfare statism, and the political paternalism of governmental planning with which too many Americans have become intellectually and culturally “infected,” is there a way back to the prosperity that we can have.
-
•
Elvis Was King, Ike Was President, and 116,000 Americans Died in a Pandemic
For staying calm and treating the terrible Asian flu of 1957 as a medical problem to address with medical intelligence, rather than as an excuse to unleash Medieval-style brutality, this first postwar generation deserves our respect and admiration.
-
•
It Is Not Our Ignorance that Will Kill Us, But Our Arrogance
Join me in collectively repeating the following — I do not know what is best for everyone to do. If we internalize that, we begin to realize that is true for everyone. This prevents us from falling prey to what Adam Smith referred to as innumerable delusions. There is no panacea to our social ills.…
-
•
Masks in Sweden
Swedes practice social distancing, but they don’t much wear masks. In the stores, on the urban streets, and on public transportation, perhaps 10 percent wear masks. Not many. Why is that?
-
•
The Crisis Experts are Themselves the Crisis
So are Fauci and Gates wrong, or are Musk and Burry incorrect? Should local, state and national politicians seek economic re-opening, or is this virus so lethal that we must remain locked down for weeks? No one really knows. Since no one does, better for governments and experts to do nothing so that well-informed markets…
-
•
Negative Oil Prices – Economic Implications
The price of oil and gas will be resurgent in 2021, if not before; sadly, the world economy may take a while longer to heal.
-
•
Incompetent Experts and Bad Government
Ignorance and malfeasance: this is what the American people have been forced to endure from those who govern them. We have no reason to expect things will be different in the future, unless we unequivocally demand it otherwise.