Daily Economy
-
•
Be Alarmed, But Don’t Panic
If we realise what the real risks are and take effective action that makes use of the advantages we have compared to our ancestors then we can survive a major pandemic. If we panic, however, and do things that seem to make sense but actually make the economic and social effects worse, then the prospects…
-
•
Socialism Must Be Authoritarian
Bernie Sanders, a democratic socialist, asserts that he opposes authoritarianism. He says Fidel Castro’s literacy programs were good, but his authoritarianism was unfortunate. In Bernie’s mind socialism doesn’t have to be authoritarian. This is a pernicious idea
-
•
They Are Rewriting the History of Coronavirus in Real Time
The daily threats and warnings have spooked markets far more than the sober analysis from genuine medical professionals. Markets, non-interventionist policies, and budget cuts have between little and nothing to do with the fear now spreading.
-
•
The Free Market Provides What We Need to Survive a Pandemic
It is human liberty operating within a market framework that saves us in times like this. In a disease panic, we are learning, people lose their minds and stop thinking clearly about things that matter. They also reach out to authority to save them.
-
•
Small-Business Optimism Remained High in February but COVID-19 Increases Uncertainty
Small-business confidence remained robust in February; labor-market issues are the top concern.
-
•
Tradition and Why the Russians are Who They Are
As much as we as individuals and groups of people may try to and think we have untied ourselves from the ideas, customs and traditions of the past, to think anew and independently of what has preceded us, we can never completely uncouple ourselves from the cultural inheritance.
-
•
The Heroic Contribution of Michael Milken
There are no companies, no jobs, and there is no progress without investment, and Milken would vastly improve the world around him through skillful development of the companies not recognized by traditional banks and investment banks, but that would be greatly enhanced through bespoke finance.
-
•
Don’t Sweat the Crash in Oil Prices
It’s the result of a much-overdue price war among producers from which the consuming public will benefit. Amid the waves of bad economic news, this is actually good news.
-
•
Adam Smith’s Alleged “Exceptions” to a Policy of Unilateral Free Trade
If you wish to win greater support for a policy proposal, it’s useful to draw your audience’s attention to famous and respected historical figures who, were they still alive, would almost surely join you in supporting that position. For example, if you’re pressing for a policy of protective tariffs as a means of enriching the…
-
•
Why Don’t Things Work Anymore? (Video)
I enjoyed being on the show Full Measure to discuss government regulations on gas cans and other things like showers, toilets, dishwashers, hot water heaters, and so on. My first writings on this topic are from Bourbon for Breakfast and I’ve been writing about the issue of regulations on domestic appliances ever since. I hope…
-
•
Be Alarmed, But Don’t Panic
If we realise what the real risks are and take effective action that makes use of the advantages we have compared to our ancestors then we can survive a major pandemic. If we panic, however, and do things that seem to make sense but actually make the economic and social effects worse, then the prospects…
-
•
Socialism Must Be Authoritarian
Bernie Sanders, a democratic socialist, asserts that he opposes authoritarianism. He says Fidel Castro’s literacy programs were good, but his authoritarianism was unfortunate. In Bernie’s mind socialism doesn’t have to be authoritarian. This is a pernicious idea
-
•
They Are Rewriting the History of Coronavirus in Real Time
The daily threats and warnings have spooked markets far more than the sober analysis from genuine medical professionals. Markets, non-interventionist policies, and budget cuts have between little and nothing to do with the fear now spreading.
-
•
The Free Market Provides What We Need to Survive a Pandemic
It is human liberty operating within a market framework that saves us in times like this. In a disease panic, we are learning, people lose their minds and stop thinking clearly about things that matter. They also reach out to authority to save them.
-
•
Small-Business Optimism Remained High in February but COVID-19 Increases Uncertainty
Small-business confidence remained robust in February; labor-market issues are the top concern.
-
•
Tradition and Why the Russians are Who They Are
As much as we as individuals and groups of people may try to and think we have untied ourselves from the ideas, customs and traditions of the past, to think anew and independently of what has preceded us, we can never completely uncouple ourselves from the cultural inheritance.
-
•
The Heroic Contribution of Michael Milken
There are no companies, no jobs, and there is no progress without investment, and Milken would vastly improve the world around him through skillful development of the companies not recognized by traditional banks and investment banks, but that would be greatly enhanced through bespoke finance.
-
•
Don’t Sweat the Crash in Oil Prices
It’s the result of a much-overdue price war among producers from which the consuming public will benefit. Amid the waves of bad economic news, this is actually good news.
-
•
Adam Smith’s Alleged “Exceptions” to a Policy of Unilateral Free Trade
If you wish to win greater support for a policy proposal, it’s useful to draw your audience’s attention to famous and respected historical figures who, were they still alive, would almost surely join you in supporting that position. For example, if you’re pressing for a policy of protective tariffs as a means of enriching the…
-
•
Why Don’t Things Work Anymore? (Video)
I enjoyed being on the show Full Measure to discuss government regulations on gas cans and other things like showers, toilets, dishwashers, hot water heaters, and so on. My first writings on this topic are from Bourbon for Breakfast and I’ve been writing about the issue of regulations on domestic appliances ever since. I hope…