Daily Economy
-
•
Sanders, Stocks, the Threat of Pandemic Disease
If headline writers possessed a clue about what moves stocks, or even if they possessed a clue about whom to ask about what moves stocks, they wouldn’t be headline writers.
-
•
The Strangest Thing about the Debate
The trouble with the 7 people on the stage last night is that they have little or no regard for our personal plans. It’s their plans for us that matter. Our lives are mere abstractions to them.
-
•
What It Means to Have a Teachable Spirit
Unleashing fury upon those who express views with which you disagree will only jeopardize your credibility, and might just empower the ideas you’re seeking to discredit. Ideas that appear taboo or transgressive often spread when powerful forces seek to suppress them.
-
•
West Side Story, Sixty Years On
Now comes our own rumble called election year, and the weapons of choice keep escalating: fists, hoses, belts, chains, knives, guns, and where does it end? There is a lesson here for all of us, and it is fitting that the remake on Broadway makes this obvious parallel explicit.
-
•
Consumer Confidence Holds Steady While Home Prices Move Higher
Consumer confidence remained high in February, supported by a positive outlook for the economy and labor market. However, persistently rising home prices are weighing on housing activity.
-
•
Harvard Finally Stands Up to Academic Duplicity
A new profile of Berkeley economists Emmanuel Saez and Gabriel Zucman in the New York Times contained a fascinating revelation about the ongoing academic reception of their work. Late last year, Zucman was being courted for a faculty appointment by Harvard University’s Kennedy School of Government. Although the department voted to approve the hire, Harvard’s…
-
•
Elkhart, Indiana, Thrives Despite Obama Administration’s Policies
Former President Obama tweeted in honor of the anniversary of signing the American Recovery and Reinvestment Act of 2009. Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation…
-
•
The Effect of the Coronavirus on Financial Markets
We should take a sober, dispassionate look at forces acting upon the U.S. financial markets. Headlines indicating a “panic” are vastly overwrought.
-
•
Free Trade in Ten Easy Points
Several superb books, monographs, and papers are available to introduce non-economists to the positive economics of trade and to the normative case for a policy of unilateral free trade. And it’s a good thing. Today’s increasing eagerness of people across the ideological spectrum to embrace protectionism must be resisted with all the intellectual strength that…
-
•
The Technocrats Will Not Save Us
Besides the certainty, as they say, of death and taxes, one other highly likely event will be an end to the general “good times” of relatively low price inflation and low unemployment in America. In other words, the United States will eventually experience worsening inflation at some point, as well as another general economic downturn.…
-
•
Sanders, Stocks, the Threat of Pandemic Disease
If headline writers possessed a clue about what moves stocks, or even if they possessed a clue about whom to ask about what moves stocks, they wouldn’t be headline writers.
-
•
The Strangest Thing about the Debate
The trouble with the 7 people on the stage last night is that they have little or no regard for our personal plans. It’s their plans for us that matter. Our lives are mere abstractions to them.
-
•
What It Means to Have a Teachable Spirit
Unleashing fury upon those who express views with which you disagree will only jeopardize your credibility, and might just empower the ideas you’re seeking to discredit. Ideas that appear taboo or transgressive often spread when powerful forces seek to suppress them.
-
•
West Side Story, Sixty Years On
Now comes our own rumble called election year, and the weapons of choice keep escalating: fists, hoses, belts, chains, knives, guns, and where does it end? There is a lesson here for all of us, and it is fitting that the remake on Broadway makes this obvious parallel explicit.
-
•
Consumer Confidence Holds Steady While Home Prices Move Higher
Consumer confidence remained high in February, supported by a positive outlook for the economy and labor market. However, persistently rising home prices are weighing on housing activity.
-
•
Harvard Finally Stands Up to Academic Duplicity
A new profile of Berkeley economists Emmanuel Saez and Gabriel Zucman in the New York Times contained a fascinating revelation about the ongoing academic reception of their work. Late last year, Zucman was being courted for a faculty appointment by Harvard University’s Kennedy School of Government. Although the department voted to approve the hire, Harvard’s…
-
•
Elkhart, Indiana, Thrives Despite Obama Administration’s Policies
Former President Obama tweeted in honor of the anniversary of signing the American Recovery and Reinvestment Act of 2009. Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation…
-
•
The Effect of the Coronavirus on Financial Markets
We should take a sober, dispassionate look at forces acting upon the U.S. financial markets. Headlines indicating a “panic” are vastly overwrought.
-
•
Free Trade in Ten Easy Points
Several superb books, monographs, and papers are available to introduce non-economists to the positive economics of trade and to the normative case for a policy of unilateral free trade. And it’s a good thing. Today’s increasing eagerness of people across the ideological spectrum to embrace protectionism must be resisted with all the intellectual strength that…
-
•
The Technocrats Will Not Save Us
Besides the certainty, as they say, of death and taxes, one other highly likely event will be an end to the general “good times” of relatively low price inflation and low unemployment in America. In other words, the United States will eventually experience worsening inflation at some point, as well as another general economic downturn.…