Daily Economy
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The Choice of Christine Lagarde for the ECB
Lagarde’s experience as a policy-maker and clear communicator may prove very successful.
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A Wealth Tax on the Rich Won’t End Deficits
Some economists are touting Elizabeth Warren’s wealth tax as a solution to our budget woes. Closer examination reveals that their revenue projections are wildly exaggerated.
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Government Is Not a Wise Steward
“Every individual, it is evident, can, in his local situation, judge much better than any statesman or lawgiver can do for him.” ~ Adam Smith
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Freer Trade and Economic Growth: Evidence of the Relationship
Even if the reduction of trade barriers accounts for only a small part of the observed increase in growth, the cumulative gains from reform appear to be substantial.
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The Classical Liberal Ideal of Equality
It meant that there was not a clear or distinct governing class, much less a hereditary one.
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Nothing Is More Expensive Than a Free Government Service
Every promise of a free government service should be greeted with instant, habitual, and empirically verified incredulity.
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The Real Spirit of the Declaration of Independence
The philosophical underpinnings of the Declaration of Independence, therefore, proclaim a self-evident truth of individual liberty and right to honestly acquired property that all men of unbiased reasoning could and should agree with and see as essential to a free, just, and prosperous society.
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US Economic Performance: A Midyear Assessment
The Trump administration needs to give the economy a dose of the right kind of nothing, relax the trade war antics and stop bashing trade partners, lay off the Fed, and by doing so will give real GDP growth a positive nudge.
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Manufacturing Expansion Slowed for a Third Month in a Row in June
The Manufacturing Purchasing Managers Index posted its third straight decline and lowest reading since October 2016. Mixed economic data continue to suggest a high degree of caution amid slow economic expansion.
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•
Listen to Your Crypto Update
There is so much going on right now in cryptoland. Here are two audio interviews.
-
•
The Choice of Christine Lagarde for the ECB
Lagarde’s experience as a policy-maker and clear communicator may prove very successful.
-
•
A Wealth Tax on the Rich Won’t End Deficits
Some economists are touting Elizabeth Warren’s wealth tax as a solution to our budget woes. Closer examination reveals that their revenue projections are wildly exaggerated.
-
•
Government Is Not a Wise Steward
“Every individual, it is evident, can, in his local situation, judge much better than any statesman or lawgiver can do for him.” ~ Adam Smith
-
•
Freer Trade and Economic Growth: Evidence of the Relationship
Even if the reduction of trade barriers accounts for only a small part of the observed increase in growth, the cumulative gains from reform appear to be substantial.
-
•
The Classical Liberal Ideal of Equality
It meant that there was not a clear or distinct governing class, much less a hereditary one.
-
•
Nothing Is More Expensive Than a Free Government Service
Every promise of a free government service should be greeted with instant, habitual, and empirically verified incredulity.
-
•
The Real Spirit of the Declaration of Independence
The philosophical underpinnings of the Declaration of Independence, therefore, proclaim a self-evident truth of individual liberty and right to honestly acquired property that all men of unbiased reasoning could and should agree with and see as essential to a free, just, and prosperous society.
-
•
US Economic Performance: A Midyear Assessment
The Trump administration needs to give the economy a dose of the right kind of nothing, relax the trade war antics and stop bashing trade partners, lay off the Fed, and by doing so will give real GDP growth a positive nudge.
-
•
Manufacturing Expansion Slowed for a Third Month in a Row in June
The Manufacturing Purchasing Managers Index posted its third straight decline and lowest reading since October 2016. Mixed economic data continue to suggest a high degree of caution amid slow economic expansion.
-
•
Listen to Your Crypto Update
There is so much going on right now in cryptoland. Here are two audio interviews.