Daily Economy
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Why the U.S. Yield Curve Reliably Predicts U.S. Recessions
Over the past half century in the U.S., yield-curve inversions have been important because they’ve reliably predicted all seven U.S. recessions.
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Maybe It’s Good that People Assume that Politicians are Corrupt
There are no angels and certainly no saviors in this saga.
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Recession Doesn’t Equal Crisis
The specific conditions that predicated the 2008 financial crisis are not in place this time around.
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The FDA Created Illegal and Dangerous Vapes
The scale of the freak-out by governments around the U.S., and by Trump’s FDA, which make no sense.
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Economists Wrongly Accused of Ignoring Climate Change
“Precisely because those topics are important that we need to be cautious, not rush in headfirst and add extra layers of government policies.” ~ Vincent Geloso
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The Wicked Politics of Cherry Tariffs
If the result of all the efforts of all the economists over all of history results in tariffs that are one percentage point lower than they would otherwise be, we will have earned our keep.
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Trump’s New Overtime Pay Rules Hurt the Little Guy
If the goal is to hurt the poor while benefiting large corporations, adding even more wage-related requirements to our labor code is the way to go.
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James M. Buchanan: A Centenary Appreciation
Born on a Tennessee farm 100 years ago on October 3, Buchanan came of age when the ideas of John Maynard Keynes reached their zenith among economists.
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Demographic Decline: Opportunity or Threat?
Demographic decline is inevitable; if approached as an opportunity, it can be a blessing rather than a curse.
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•
New Home Sales Rose in August on Gains in the South and West
Sales of new single-family homes rose in August, but regional performances vary widely. Still, the gain is unlikely to be the start of a new sustained surge in housing activity.
-
•
Why the U.S. Yield Curve Reliably Predicts U.S. Recessions
Over the past half century in the U.S., yield-curve inversions have been important because they’ve reliably predicted all seven U.S. recessions.
-
•
Maybe It’s Good that People Assume that Politicians are Corrupt
There are no angels and certainly no saviors in this saga.
-
•
Recession Doesn’t Equal Crisis
The specific conditions that predicated the 2008 financial crisis are not in place this time around.
-
•
The FDA Created Illegal and Dangerous Vapes
The scale of the freak-out by governments around the U.S., and by Trump’s FDA, which make no sense.
-
•
Economists Wrongly Accused of Ignoring Climate Change
“Precisely because those topics are important that we need to be cautious, not rush in headfirst and add extra layers of government policies.” ~ Vincent Geloso
-
•
The Wicked Politics of Cherry Tariffs
If the result of all the efforts of all the economists over all of history results in tariffs that are one percentage point lower than they would otherwise be, we will have earned our keep.
-
•
Trump’s New Overtime Pay Rules Hurt the Little Guy
If the goal is to hurt the poor while benefiting large corporations, adding even more wage-related requirements to our labor code is the way to go.
-
•
James M. Buchanan: A Centenary Appreciation
Born on a Tennessee farm 100 years ago on October 3, Buchanan came of age when the ideas of John Maynard Keynes reached their zenith among economists.
-
•
Demographic Decline: Opportunity or Threat?
Demographic decline is inevitable; if approached as an opportunity, it can be a blessing rather than a curse.
-
•
New Home Sales Rose in August on Gains in the South and West
Sales of new single-family homes rose in August, but regional performances vary widely. Still, the gain is unlikely to be the start of a new sustained surge in housing activity.