Daily Economy
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United States Needs Freedom, Not Fascism
America does not need the command-and-control planning authorized under the Defense Production Act to deal with the COVID-19 pandemic. Instead, it needs greater deregulation to free the entrepreneurial discovery process. In short, the United States needs more economic freedom, not fascism.
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U.S. Economy Declines at the Fastest Pace Since 2008
The outbreak of COVID-19 and government responses have crushed the labor market and sent economic activity plunging. Expect a tsunami of negative economic data to continue for the next few months.
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“Don’t Destroy People’s Lives and Livelihoods,” says Dr. David L. Katz
I am quite pleased that we get to hear from this very accomplished doctor on the April 24, 2020 show Real Time with Bill Maher.Here are some excerpts in which he elaborates on the need for protecting the vulnerable, getting the economy open, being healthy, and helping society develop community immunity.
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Consumer Optimism Continued to Plunge in April
Consumer attitudes deteriorated sharply in April and are likely to show heightened volatility in coming months amid a weak economy and damaged labor market.
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Where Are the Reopening Experiments?
Again, I think that most places could re-open now, and indeed should never have shut down in the first place, but if politicians insist on taking the cautious approach, they should at least have to provide some empirical evidence that re-opening would lead to a spike in deaths. The only way to do that is…
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After the Virus, Universities Will Survive
Attracting students to a bricks-and-mortar campus requires a mix, or bundle, of services that cannot be easily replicated, even piecemeal, and which nowhere are available as a bundle with such convenience.
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“I’ve Lost Faith in Humanity”: The Psychological Toll of the Lockdown
I asked people on my Twitter feed to tell their stories. My inbox has been flooded with an outpouring of desperate sadness, rage, shock, and horror. I can only share some with you here. I’m changing any details that might violate their privacy rights.
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This Short Video Replaces a Month’s Worth of News
This post appears in the interest of the general principle that no one can be always serious all the time. What you have here is an example of the brilliance and creativity of decentralize media. And it does serve as a viable replacement for a full month of news.
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Urgent Appeal to Governors: Lift Restrictions Now
Healthy people have been paralyzed in fear by the media and your health advisers to the point of great distrust and hysteria. Every citizen is now considered a suspect who may carry the virus, and even family members don’t trust one other. In calmer times, this may be referred to as (state-sponsored) paranoia.
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The Glorious Innovation of Containerization
However, entrepreneurial innovation has unintended benefits that no one, not even the entrepreneur devising the innovation, can fully anticipate. To put the current fears regarding the global supply chain in perspective, let us imagine a world in which McLean never discovered the containership.
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•
United States Needs Freedom, Not Fascism
America does not need the command-and-control planning authorized under the Defense Production Act to deal with the COVID-19 pandemic. Instead, it needs greater deregulation to free the entrepreneurial discovery process. In short, the United States needs more economic freedom, not fascism.
-
•
U.S. Economy Declines at the Fastest Pace Since 2008
The outbreak of COVID-19 and government responses have crushed the labor market and sent economic activity plunging. Expect a tsunami of negative economic data to continue for the next few months.
-
•
“Don’t Destroy People’s Lives and Livelihoods,” says Dr. David L. Katz
I am quite pleased that we get to hear from this very accomplished doctor on the April 24, 2020 show Real Time with Bill Maher.Here are some excerpts in which he elaborates on the need for protecting the vulnerable, getting the economy open, being healthy, and helping society develop community immunity.
-
•
Consumer Optimism Continued to Plunge in April
Consumer attitudes deteriorated sharply in April and are likely to show heightened volatility in coming months amid a weak economy and damaged labor market.
-
•
Where Are the Reopening Experiments?
Again, I think that most places could re-open now, and indeed should never have shut down in the first place, but if politicians insist on taking the cautious approach, they should at least have to provide some empirical evidence that re-opening would lead to a spike in deaths. The only way to do that is…
-
•
After the Virus, Universities Will Survive
Attracting students to a bricks-and-mortar campus requires a mix, or bundle, of services that cannot be easily replicated, even piecemeal, and which nowhere are available as a bundle with such convenience.
-
•
“I’ve Lost Faith in Humanity”: The Psychological Toll of the Lockdown
I asked people on my Twitter feed to tell their stories. My inbox has been flooded with an outpouring of desperate sadness, rage, shock, and horror. I can only share some with you here. I’m changing any details that might violate their privacy rights.
-
•
This Short Video Replaces a Month’s Worth of News
This post appears in the interest of the general principle that no one can be always serious all the time. What you have here is an example of the brilliance and creativity of decentralize media. And it does serve as a viable replacement for a full month of news.
-
•
Urgent Appeal to Governors: Lift Restrictions Now
Healthy people have been paralyzed in fear by the media and your health advisers to the point of great distrust and hysteria. Every citizen is now considered a suspect who may carry the virus, and even family members don’t trust one other. In calmer times, this may be referred to as (state-sponsored) paranoia.
-
•
The Glorious Innovation of Containerization
However, entrepreneurial innovation has unintended benefits that no one, not even the entrepreneur devising the innovation, can fully anticipate. To put the current fears regarding the global supply chain in perspective, let us imagine a world in which McLean never discovered the containership.