Daily Economy
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The Paranoid Fear of Intellectual Property Theft
Sad is that some of the most important centers of opinion in all of the U.S. now direct significant real estate to the alleged thievery of American know-how by the Chinese.
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New- and Existing-Home Sales Diverge in December
New-home sales fell in December while inventory rose. Stronger sales will help avoid cutbacks to future construction.
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Must Government Save Us from the Coronavirus?
The US government already has the power to create sick camps, kidnap and intern people upon suspicion that they are diseased, and keep people in camps for an undetermined amount of time.
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FDR and Stalin Planned the Future of the World
For the establishment of the UN, Franklin Delano Roosevelt gave Joseph Stalin virtually everything the tyrant wanted.
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The Bad Economics of Non-economists
It is inexcusable for people such as McCarthy to present themselves to the public as if they know the economics that they criticize with such cocksureness.
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Maybe It Will Be the Battle of the Billionaires
After many decades of trying to get payola out of politics, there is still no stopping the reality that a big state creates big stakes for which people are willing to pay.
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Should I Keep Fighting the Ex-Im Bank or Give Up?
This week, I was invited to testify before the Board of Advisors of The United States Export-Import Bank (EXIM). Whatever their reasons, I commend them for having me for a stimulating conversation. As many of you know, I have been and remain an advocate for the agency’s termination. I have written extensively on why termination…
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Reciprocity in Occupational Licensure Might Be a Bad Idea
On April 10, 2019 Arizona Governor Doug Ducey signed into law HB 2569, a bill to create “guaranteed recognition” of occupational licenses in other states. This was hailed as a great victory by libertarians and classical liberals who have always argued that (at least most) state occupational licensure laws do nothing but create in-state cartels…
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Should We All Be Flying Less?
I have long been a fan of the writer, statistician, and “flaneur” of financial markets Nassim Nicholas Taleb. His eye for the unseen and his heavy emphasis on sample selections and randomness in the world always struck a chord with my basically Misesian heart. That he’s ruthlessly unafraid of controversy and a remarkably clear writer…
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The Four Pillars of Economic Understanding
It is no exaggeration to say that learning economics changed my life. In fact, I would go as far as saying the two most pivotal moments of my young adulthood was meeting my future wife at 17 and being exposed to economics at 19. Not only pivotal, but responsible for the good fortune and happiness…
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•
The Paranoid Fear of Intellectual Property Theft
Sad is that some of the most important centers of opinion in all of the U.S. now direct significant real estate to the alleged thievery of American know-how by the Chinese.
-
•
New- and Existing-Home Sales Diverge in December
New-home sales fell in December while inventory rose. Stronger sales will help avoid cutbacks to future construction.
-
•
Must Government Save Us from the Coronavirus?
The US government already has the power to create sick camps, kidnap and intern people upon suspicion that they are diseased, and keep people in camps for an undetermined amount of time.
-
•
FDR and Stalin Planned the Future of the World
For the establishment of the UN, Franklin Delano Roosevelt gave Joseph Stalin virtually everything the tyrant wanted.
-
•
The Bad Economics of Non-economists
It is inexcusable for people such as McCarthy to present themselves to the public as if they know the economics that they criticize with such cocksureness.
-
•
Maybe It Will Be the Battle of the Billionaires
After many decades of trying to get payola out of politics, there is still no stopping the reality that a big state creates big stakes for which people are willing to pay.
-
•
Should I Keep Fighting the Ex-Im Bank or Give Up?
This week, I was invited to testify before the Board of Advisors of The United States Export-Import Bank (EXIM). Whatever their reasons, I commend them for having me for a stimulating conversation. As many of you know, I have been and remain an advocate for the agency’s termination. I have written extensively on why termination…
-
•
Reciprocity in Occupational Licensure Might Be a Bad Idea
On April 10, 2019 Arizona Governor Doug Ducey signed into law HB 2569, a bill to create “guaranteed recognition” of occupational licenses in other states. This was hailed as a great victory by libertarians and classical liberals who have always argued that (at least most) state occupational licensure laws do nothing but create in-state cartels…
-
•
Should We All Be Flying Less?
I have long been a fan of the writer, statistician, and “flaneur” of financial markets Nassim Nicholas Taleb. His eye for the unseen and his heavy emphasis on sample selections and randomness in the world always struck a chord with my basically Misesian heart. That he’s ruthlessly unafraid of controversy and a remarkably clear writer…
-
•
The Four Pillars of Economic Understanding
It is no exaggeration to say that learning economics changed my life. In fact, I would go as far as saying the two most pivotal moments of my young adulthood was meeting my future wife at 17 and being exposed to economics at 19. Not only pivotal, but responsible for the good fortune and happiness…