Daily Economy
-
•
Japan Did Not Gain Foreign Markets through Devaluation
It’s the countries most open to the world’s plenty, including plenty produced in countries that allegedly “cheat” when it comes to trade, that are the most prosperous.
-
•
What to Read on Money
As an introduction to the topics that will be dealt with in the AIER Graduate Colloquium, over the next few weeks Joakim Book will summarize the core readings that our students are currently reading to prepare for a good discussion at the event.
-
•
A Protectionist Is Someone Who…
A protectionist cannot adequately explain why each and every household in the world does not itself literally build its own home.
-
•
The Carbon Tax Fails the Public-Choice Test
An “efficient” carbon tax — one that truly solves the so-called “market failure” problem — requires that government officials first divine the optimal rate of emissions and then set the tax at a level that will result in this rate of emissions.
-
•
Dear Billionaires, the US Treasury Awaits Your Voluntary Contribution
The opportunity to voluntarily tax yourself at rates you so choose is available to you via the US Treasury.
-
•
Free Things and Unfree People
As politicians contemplate (and effectuate) policies moving us away from capitalism towards more socialism, perhaps it’s no surprise that we also see pervasive, unabashed freebie promising.
-
•
Bastiat’s Birthday is a Great Day to Read “The Law”
The state is the one institution in society that is not legally bound to adhere to the rules that it can legally impose, via the threat of violence, on everyone else within its jurisdiction.
-
•
School Segregation and Busing: Lessons in Government Failure
While offered as an ostensible corrective to the very real injustices of the school segregation that preceded it, busing itself is also a form of politically directed and centralized social planning.
-
•
Bitcoin Remains Vastly More Volatile Than Traditional Currencies
While reading tea leaves based on Bitcoin’s price to predict the cryptocurrency’s ultimate success is tempting, its day-to-day volatility is perhaps more important in determining its practicality as a store of value.
-
•
Sentiment Fell in June Despite Gains in Income and Spending in May
Consumer sentiment fell slightly in June but remains at a high level while income and spending continued to grow in May. Tariffs and trade wars remain a significant risk.
-
•
Japan Did Not Gain Foreign Markets through Devaluation
It’s the countries most open to the world’s plenty, including plenty produced in countries that allegedly “cheat” when it comes to trade, that are the most prosperous.
-
•
What to Read on Money
As an introduction to the topics that will be dealt with in the AIER Graduate Colloquium, over the next few weeks Joakim Book will summarize the core readings that our students are currently reading to prepare for a good discussion at the event.
-
•
A Protectionist Is Someone Who…
A protectionist cannot adequately explain why each and every household in the world does not itself literally build its own home.
-
•
The Carbon Tax Fails the Public-Choice Test
An “efficient” carbon tax — one that truly solves the so-called “market failure” problem — requires that government officials first divine the optimal rate of emissions and then set the tax at a level that will result in this rate of emissions.
-
•
Dear Billionaires, the US Treasury Awaits Your Voluntary Contribution
The opportunity to voluntarily tax yourself at rates you so choose is available to you via the US Treasury.
-
•
Free Things and Unfree People
As politicians contemplate (and effectuate) policies moving us away from capitalism towards more socialism, perhaps it’s no surprise that we also see pervasive, unabashed freebie promising.
-
•
Bastiat’s Birthday is a Great Day to Read “The Law”
The state is the one institution in society that is not legally bound to adhere to the rules that it can legally impose, via the threat of violence, on everyone else within its jurisdiction.
-
•
School Segregation and Busing: Lessons in Government Failure
While offered as an ostensible corrective to the very real injustices of the school segregation that preceded it, busing itself is also a form of politically directed and centralized social planning.
-
•
Bitcoin Remains Vastly More Volatile Than Traditional Currencies
While reading tea leaves based on Bitcoin’s price to predict the cryptocurrency’s ultimate success is tempting, its day-to-day volatility is perhaps more important in determining its practicality as a store of value.
-
•
Sentiment Fell in June Despite Gains in Income and Spending in May
Consumer sentiment fell slightly in June but remains at a high level while income and spending continued to grow in May. Tariffs and trade wars remain a significant risk.