Daily Economy
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Employment and the Participation Rate Rose in January
U.S. payrolls rose by 225,000 in January with both the unemployment rate and participation rate ticking up; however, significant risks remain.
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The Huge Difference Between Boris Johnson and Donald Trump
I have always thought that the comparison of United Kingdom Prime Minister Boris Johnson to US president Donald Trump was unfair to Johnson. And while admittedly I am no Boris Johnson expert, I do have his speech from February 3th to prove the injustice of the comparison. In fact, the more I read the speech,…
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All Hail Statistics!
Yes, statistics can deceive — think Mark Twain’s apocryphal claim about lies and damned lies — but statistics can also give nuance to our worldviews.
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Blockchain Could Have Prevented the Iowa Caucus Debacle
Iowa Democrats could have simply transferred a predetermined sum of Bitcoin to signal which candidate received their precinct’s delegates. Had they done so, the blockchain’s public ledger would have conveyed the necessary information in a transparent, easily verified way. And because the DNC would just be sending Bitcoin to itself, the process wouldn’t have cost…
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The US Attack on China Does Not Deserve Public Support
Whenever a state wages war against another state, it generally exaggerates the harm that the other state has perpetrated against it.
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“Parasite” Is a Preposterous Film Rooted in Class-Struggle Nonsense
To be fair, movies are supposed to be escapist to some degree. And the stories, to be good, must be a little bit implausible. Fine, except that with Parasite Bong Joon-ho is thoroughly insulting the intelligence of his viewers.
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ISM Surveys Show Improvement in January
The nonmanufacturing sector expanded in January, complementing the improved results from the manufacturing survey.
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Auto Sales Rebound in January
Auto sales rose in January and remain well within the range extending back to 2000. The healthy pace is a positive sign for consumer spending.
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Boris Johnson’s Beautiful Celebration of Free Trade
In his February 3, 2020, speech at Greenwich, Johnson cited Adam Smith, David Ricardo, and Richard Coben, while paraphrasing Frederic Bastiat, casting shade on Trumpian tariff policy, blasting “bizarre autarkic rhetoric,” and pledging the UK to lead the world in free trade.
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Insights into Bastiat’s Libertarianism (Video)
Bastiat sometimes voted with the right and sometimes with the left. He was loved and loathed by both sides.
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•
Employment and the Participation Rate Rose in January
U.S. payrolls rose by 225,000 in January with both the unemployment rate and participation rate ticking up; however, significant risks remain.
-
•
The Huge Difference Between Boris Johnson and Donald Trump
I have always thought that the comparison of United Kingdom Prime Minister Boris Johnson to US president Donald Trump was unfair to Johnson. And while admittedly I am no Boris Johnson expert, I do have his speech from February 3th to prove the injustice of the comparison. In fact, the more I read the speech,…
-
•
All Hail Statistics!
Yes, statistics can deceive — think Mark Twain’s apocryphal claim about lies and damned lies — but statistics can also give nuance to our worldviews.
-
•
Blockchain Could Have Prevented the Iowa Caucus Debacle
Iowa Democrats could have simply transferred a predetermined sum of Bitcoin to signal which candidate received their precinct’s delegates. Had they done so, the blockchain’s public ledger would have conveyed the necessary information in a transparent, easily verified way. And because the DNC would just be sending Bitcoin to itself, the process wouldn’t have cost…
-
•
The US Attack on China Does Not Deserve Public Support
Whenever a state wages war against another state, it generally exaggerates the harm that the other state has perpetrated against it.
-
•
“Parasite” Is a Preposterous Film Rooted in Class-Struggle Nonsense
To be fair, movies are supposed to be escapist to some degree. And the stories, to be good, must be a little bit implausible. Fine, except that with Parasite Bong Joon-ho is thoroughly insulting the intelligence of his viewers.
-
•
ISM Surveys Show Improvement in January
The nonmanufacturing sector expanded in January, complementing the improved results from the manufacturing survey.
-
•
Auto Sales Rebound in January
Auto sales rose in January and remain well within the range extending back to 2000. The healthy pace is a positive sign for consumer spending.
-
•
Boris Johnson’s Beautiful Celebration of Free Trade
In his February 3, 2020, speech at Greenwich, Johnson cited Adam Smith, David Ricardo, and Richard Coben, while paraphrasing Frederic Bastiat, casting shade on Trumpian tariff policy, blasting “bizarre autarkic rhetoric,” and pledging the UK to lead the world in free trade.
-
•
Insights into Bastiat’s Libertarianism (Video)
Bastiat sometimes voted with the right and sometimes with the left. He was loved and loathed by both sides.