Daily Economy
-
•
Is “Sustainable Fish” Real or a Marketing Ploy?
So, yes, I’ve stopped rolling my eyes at the label sustainable. It’s real and it matters. And it shows how markets work even when the odds are against them. What other problems are considered to be insoluble that we need to turn over to the creative forces of society itself?
-
•
Who Was Bastiat? Interview with David Hart (Video)
David Hart is an historian and a libertarian with interests in the history of the classical liberal tradition (especially the French), war and culture, libertarian class theory, and film. Frédéric Bastiat was a pivotal figure in French classical liberalism in the mid-19th century. He suddenly emerged from the south west province of Les Landes to…
-
•
Existing-Home Sales Rose in December But Inventory Remains Tight
Existing-home sales have recovered from a recent dip but are unlikely to move significantly higher in coming months and quarters.
-
•
When Perfect Correlations Dissolve Into Dust
Statistical relations can be tenuous, and statistics can be fishy. Perhaps with time, Harvey’s yield curve relation will go the way of pedestrians and South Dakota lawyers — a near-perfect correlation dissolving into dust.
-
•
Bitcoin Is Quantitatively Tightening
In light of the broader field of monetary policy worldwide, the upcoming Halvening will come at a particularly auspicious juncture.
-
•
How Trumpism Swallowed Conservatism
In the summer of 2015, Donald Trump came to FreedomFest in Las Vegas – an event for conservatives and libertarians – as an eccentric outsider. Almost a gate crasher. People wondered why he was there. He presented his message of protectionism and immigration restrictionism, while railing against Iran and China. Only a strong leader can…
-
•
The Academic Truce Has Crumbled
In the late 1960s academia, and particularly the humanities, began to embrace a variety of political causes and incorporate them more overtly into their scholarship. This shift coincided with curricular and intellectual developments that re-envisioned the educator as an activist and tasked him with the pursuit of normative scholarship, typically in service of progressive causes…
-
•
The Overuse of the “Roaring Twenties”
The problem is that this image is a fiction. In no way does the evidence from the field of economic history support it. Maybe it is politically useful to use it, but it is not historically nor economically accurate.
-
•
The Adverse Impact of Government Bureaucracy on Private Employment
When I did this video about public-sector compensation almost 10 years ago, I focused on why it is unfair that bureaucrats get much higher levels of compensation than people working in the private sector. Today, let’s consider the economic consequences of excessive bureaucracy. And what will make this column particularly interesting is that I’ll be citing some research from economists at the International…
-
•
The Market Process Is Not an Intoxicated Ass
Assertions such as those made by Cass are easy to offer. Dreamers, dirigistes, and demagogues have done so since the dawn of the industrial age.
-
•
Is “Sustainable Fish” Real or a Marketing Ploy?
So, yes, I’ve stopped rolling my eyes at the label sustainable. It’s real and it matters. And it shows how markets work even when the odds are against them. What other problems are considered to be insoluble that we need to turn over to the creative forces of society itself?
-
•
Who Was Bastiat? Interview with David Hart (Video)
David Hart is an historian and a libertarian with interests in the history of the classical liberal tradition (especially the French), war and culture, libertarian class theory, and film. Frédéric Bastiat was a pivotal figure in French classical liberalism in the mid-19th century. He suddenly emerged from the south west province of Les Landes to…
-
•
Existing-Home Sales Rose in December But Inventory Remains Tight
Existing-home sales have recovered from a recent dip but are unlikely to move significantly higher in coming months and quarters.
-
•
When Perfect Correlations Dissolve Into Dust
Statistical relations can be tenuous, and statistics can be fishy. Perhaps with time, Harvey’s yield curve relation will go the way of pedestrians and South Dakota lawyers — a near-perfect correlation dissolving into dust.
-
•
Bitcoin Is Quantitatively Tightening
In light of the broader field of monetary policy worldwide, the upcoming Halvening will come at a particularly auspicious juncture.
-
•
How Trumpism Swallowed Conservatism
In the summer of 2015, Donald Trump came to FreedomFest in Las Vegas – an event for conservatives and libertarians – as an eccentric outsider. Almost a gate crasher. People wondered why he was there. He presented his message of protectionism and immigration restrictionism, while railing against Iran and China. Only a strong leader can…
-
•
The Academic Truce Has Crumbled
In the late 1960s academia, and particularly the humanities, began to embrace a variety of political causes and incorporate them more overtly into their scholarship. This shift coincided with curricular and intellectual developments that re-envisioned the educator as an activist and tasked him with the pursuit of normative scholarship, typically in service of progressive causes…
-
•
The Overuse of the “Roaring Twenties”
The problem is that this image is a fiction. In no way does the evidence from the field of economic history support it. Maybe it is politically useful to use it, but it is not historically nor economically accurate.
-
•
The Adverse Impact of Government Bureaucracy on Private Employment
When I did this video about public-sector compensation almost 10 years ago, I focused on why it is unfair that bureaucrats get much higher levels of compensation than people working in the private sector. Today, let’s consider the economic consequences of excessive bureaucracy. And what will make this column particularly interesting is that I’ll be citing some research from economists at the International…
-
•
The Market Process Is Not an Intoxicated Ass
Assertions such as those made by Cass are easy to offer. Dreamers, dirigistes, and demagogues have done so since the dawn of the industrial age.