Daily Economy
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The Myth of American Middle-Class Stagnation
In 1975 a ten-cup drip coffee maker cost the ordinary American worker almost 8 hours of work time; today it costs that worker only 45 minutes.
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This Silly Study on Trade Is Not from the Onion
The Coalition for a Prosperous America writes as if tariffs will miraculously cause the workers and resources necessary to perform all this new production to materialize out of thin air – a proposition that causes one to laugh as one does when reading The Onion.
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The Prosperity Around You Is the Fruit of the Enlightenment
Until they were transformed by ideas and culture, minerals and oil were just so much dirt and goo.
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The Wonderful Technology of Banking
Modern banking is a wonderful technology. Understanding how regulation shapes it and contributes to the outcomes we observe is of great importance.
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Political Dissent: Exit or Voice?
In grocery stores, schools, and democracies, our voices need to be raised and heard, even when the message goes against the grain. That is how free people prosper.
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A Measly Five Bucks to Bust Out of the Ideological Bubble
Apparently nobody, not even the Gray Lady, rigorously fact checks anymore. Or is it that only books reviewed in a few elite outlets count and none happen to critique finance from the non-left? Heck, I can almost hear the editors ask themselves: Only people on the left write the right kind of books, right?
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America Needs You, Don Lavoie
In a world where it sometimes feels like free market advocates are tolerating more intervention in our economy than we would have ever predicted, Lavoie calls upon us never to forget the abiding importance of remaining true to one’s belief in the power and humanity of markets.
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The Pension Fund Apocalypse
The pension funding deficit of OECD countries could be twice the size of global GDP within a decade.
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Single-Family Housing Activity Is Trending Flat
Home sales rebounded in June. However, little evidence supports an expectation of a significant, sustained acceleration in housing activity in the coming months and quarters.
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Trump’s Treasury Secretary Is Wrong About Amazon
The reason why Amazon is beloved by consumers is because it puts the internet to work by making shopping a more pleasant and convenient experience.
-
•
The Myth of American Middle-Class Stagnation
In 1975 a ten-cup drip coffee maker cost the ordinary American worker almost 8 hours of work time; today it costs that worker only 45 minutes.
-
•
This Silly Study on Trade Is Not from the Onion
The Coalition for a Prosperous America writes as if tariffs will miraculously cause the workers and resources necessary to perform all this new production to materialize out of thin air – a proposition that causes one to laugh as one does when reading The Onion.
-
•
The Prosperity Around You Is the Fruit of the Enlightenment
Until they were transformed by ideas and culture, minerals and oil were just so much dirt and goo.
-
•
The Wonderful Technology of Banking
Modern banking is a wonderful technology. Understanding how regulation shapes it and contributes to the outcomes we observe is of great importance.
-
•
Political Dissent: Exit or Voice?
In grocery stores, schools, and democracies, our voices need to be raised and heard, even when the message goes against the grain. That is how free people prosper.
-
•
A Measly Five Bucks to Bust Out of the Ideological Bubble
Apparently nobody, not even the Gray Lady, rigorously fact checks anymore. Or is it that only books reviewed in a few elite outlets count and none happen to critique finance from the non-left? Heck, I can almost hear the editors ask themselves: Only people on the left write the right kind of books, right?
-
•
America Needs You, Don Lavoie
In a world where it sometimes feels like free market advocates are tolerating more intervention in our economy than we would have ever predicted, Lavoie calls upon us never to forget the abiding importance of remaining true to one’s belief in the power and humanity of markets.
-
•
The Pension Fund Apocalypse
The pension funding deficit of OECD countries could be twice the size of global GDP within a decade.
-
•
Single-Family Housing Activity Is Trending Flat
Home sales rebounded in June. However, little evidence supports an expectation of a significant, sustained acceleration in housing activity in the coming months and quarters.
-
•
Trump’s Treasury Secretary Is Wrong About Amazon
The reason why Amazon is beloved by consumers is because it puts the internet to work by making shopping a more pleasant and convenient experience.