Daily Economy
-
•
Five Things That Will End the Madness
Winston Churchill famously said: “Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” We are not at the end of the damage to the world economy from COVID-19, but we are, perhaps, at the end of the beginning. Here are…
-
•
Prices Should Change in a Pandemic Shutdown
After all, it’s not the sellers of oranges, toilet paper or water bottles that put the “exploited” buyers in their current predicaments. In contrast, they’re the saviors that offer them a way out.
-
•
Now It’s Obvious: The Political Class and the Media Are Spinning Tales
Rather than accepting the epistemic limitations of the current crisis as a reason to abstain from aggressive policies, they double down on the same. And when their chosen courses go awry or fail to deliver on their promised salvation, history is rewritten to obscure the fact that such promises were ever made.
-
•
Weekly Data Portend Weak Retail Sales
Retail sales are collapsing as a result of the COVID-19 outbreak. The U.S. entered a recession in March ending the record long expansion.
-
•
Tripartite Governance: A Guidepost for Proper Policymaking
Public governance may be the most prominent or dominant type of governance in our lives, but we mustn’t ignore or deny that there are three main types of governance: public governance, private governance, and personal governance.
-
•
Will there Be Tyranny in the Post-Coronavirus World?
Fully entering into such a world, we really would be in George Orwell’s “newspeak:” coercion is liberty; command and control is freedom; political paternalism is self-realization; government planning is free association; collective decision-making is personal choice.
-
•
Spanish Flu Was Awful But We Moved On Anyway
The Spanish Flu killed at least 50 million individuals in the span of a few months and contributed to a industrial production and commercial activity drop of between 16% to 25% in less than a year. Here are three prudent lessons on how to minimize long-term costs brought by temporary behavioral changes enacted to slow…
-
•
Why Aren’t Americans Suing Their Way Out of Lockdown?
Whatever the causes of this uncharacteristic bit of non-litigiousness, Americans should know that ample legal precedents suggest that most shelter in place orders are unlawful and unconstitutional.
-
•
The Economy Is Not a Series of Supply Chains
The quest to use protectionism to make us more secure in our health and wealth would sever untold numbers of productive ties that we now have with the global web of economic interconnectedness. The end result would be an America far less secure in its wealth and health.
-
•
Liberation From Lockdown Now
The only way to stimulate the economy is to liberate it. The people, all of us, need emancipation from the lockdown. And we need it now.
-
•
Five Things That Will End the Madness
Winston Churchill famously said: “Now this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.” We are not at the end of the damage to the world economy from COVID-19, but we are, perhaps, at the end of the beginning. Here are…
-
•
Prices Should Change in a Pandemic Shutdown
After all, it’s not the sellers of oranges, toilet paper or water bottles that put the “exploited” buyers in their current predicaments. In contrast, they’re the saviors that offer them a way out.
-
•
Now It’s Obvious: The Political Class and the Media Are Spinning Tales
Rather than accepting the epistemic limitations of the current crisis as a reason to abstain from aggressive policies, they double down on the same. And when their chosen courses go awry or fail to deliver on their promised salvation, history is rewritten to obscure the fact that such promises were ever made.
-
•
Weekly Data Portend Weak Retail Sales
Retail sales are collapsing as a result of the COVID-19 outbreak. The U.S. entered a recession in March ending the record long expansion.
-
•
Tripartite Governance: A Guidepost for Proper Policymaking
Public governance may be the most prominent or dominant type of governance in our lives, but we mustn’t ignore or deny that there are three main types of governance: public governance, private governance, and personal governance.
-
•
Will there Be Tyranny in the Post-Coronavirus World?
Fully entering into such a world, we really would be in George Orwell’s “newspeak:” coercion is liberty; command and control is freedom; political paternalism is self-realization; government planning is free association; collective decision-making is personal choice.
-
•
Spanish Flu Was Awful But We Moved On Anyway
The Spanish Flu killed at least 50 million individuals in the span of a few months and contributed to a industrial production and commercial activity drop of between 16% to 25% in less than a year. Here are three prudent lessons on how to minimize long-term costs brought by temporary behavioral changes enacted to slow…
-
•
Why Aren’t Americans Suing Their Way Out of Lockdown?
Whatever the causes of this uncharacteristic bit of non-litigiousness, Americans should know that ample legal precedents suggest that most shelter in place orders are unlawful and unconstitutional.
-
•
The Economy Is Not a Series of Supply Chains
The quest to use protectionism to make us more secure in our health and wealth would sever untold numbers of productive ties that we now have with the global web of economic interconnectedness. The end result would be an America far less secure in its wealth and health.
-
•
Liberation From Lockdown Now
The only way to stimulate the economy is to liberate it. The people, all of us, need emancipation from the lockdown. And we need it now.