Daily Economy
-
•
An Economy Is Neither a Family Nor a Firm; It Is a Catallaxy
Unlike progressives and conservatives, libertarians judge society and government policy by how well individuals are able to fulfill their goals; libertarians do not suppose that individuals who comprise the large collectives that we call “countries” do or should aim at fulfilling the non-existent higher goals of these large collectives.
-
•
The Presidential Political Circus Has Begun
Yes, the greatest political show on earth. It’s just too bad that so few of the performers that are listed on the campaign-program flyers to entertain us have any belief in and policy platforms for advancing individual liberty, free markets, the impartial rule of law, or constitutionally limited government. Still, sit back and watch the…
-
•
No, Mr. President, Tariffs Do Not Cause Prosperity
The prospect that the US president would conclude that tariffs cause growth has always been the downside of good economic numbers. Good performance of the macroeconomy only encourages his worst instincts to impose more harmful trade policies.
-
•
Centralized to Decentralized Music in 100 Years
Imagine the challenge of a single company to come up with the full range of music available for the tastes of every composer, from a recording studio in the same plant where the player itself is manufactured.
-
•
Strong April Jobs Report Reduces Recession Fears
Nonfarm payrolls rose by 263,000 in April. Two strong monthly gains following a disappointing increase in February shows the labor market remains healthy and will likely ease fears of recession.
-
•
My Phone Is Amazing; Please Don’t Call
Why the voice call is like barter and the text is like modern money.
-
•
We’re Still Making Diocletian’s Mistakes
Diocletian may have greatly strengthened the Roman state, but that extra strength appears not to have dented poverty, inflation, or civil war. Today the instinct to increase state power to achieve desired outcomes is thriving on both sides of the aisle.
-
•
People Are Desperately Fleeing Socialism, If They are Allowed
People can vote with their feet for different political, economic, and social institutions. They have overwhelmingly voted for liberty, opportunity, and prosperity when free to do so.
-
•
My Grandfather’s Disability Led to a Great Career
As a child, I couldn’t figure it out. Why is my grandfather a hero to this vast community of Asian immigrants?
-
•
Manufacturing Expansion Slowed in April
The Manufacturing Purchasing Managers Index posted its lowest reading since November 2016 and extends an eight-month trend of decelerating growth. Mixed economic data continue to support a high degree of caution amid slow economic expansion.
-
•
An Economy Is Neither a Family Nor a Firm; It Is a Catallaxy
Unlike progressives and conservatives, libertarians judge society and government policy by how well individuals are able to fulfill their goals; libertarians do not suppose that individuals who comprise the large collectives that we call “countries” do or should aim at fulfilling the non-existent higher goals of these large collectives.
-
•
The Presidential Political Circus Has Begun
Yes, the greatest political show on earth. It’s just too bad that so few of the performers that are listed on the campaign-program flyers to entertain us have any belief in and policy platforms for advancing individual liberty, free markets, the impartial rule of law, or constitutionally limited government. Still, sit back and watch the…
-
•
No, Mr. President, Tariffs Do Not Cause Prosperity
The prospect that the US president would conclude that tariffs cause growth has always been the downside of good economic numbers. Good performance of the macroeconomy only encourages his worst instincts to impose more harmful trade policies.
-
•
Centralized to Decentralized Music in 100 Years
Imagine the challenge of a single company to come up with the full range of music available for the tastes of every composer, from a recording studio in the same plant where the player itself is manufactured.
-
•
Strong April Jobs Report Reduces Recession Fears
Nonfarm payrolls rose by 263,000 in April. Two strong monthly gains following a disappointing increase in February shows the labor market remains healthy and will likely ease fears of recession.
-
•
My Phone Is Amazing; Please Don’t Call
Why the voice call is like barter and the text is like modern money.
-
•
We’re Still Making Diocletian’s Mistakes
Diocletian may have greatly strengthened the Roman state, but that extra strength appears not to have dented poverty, inflation, or civil war. Today the instinct to increase state power to achieve desired outcomes is thriving on both sides of the aisle.
-
•
People Are Desperately Fleeing Socialism, If They are Allowed
People can vote with their feet for different political, economic, and social institutions. They have overwhelmingly voted for liberty, opportunity, and prosperity when free to do so.
-
•
My Grandfather’s Disability Led to a Great Career
As a child, I couldn’t figure it out. Why is my grandfather a hero to this vast community of Asian immigrants?
-
•
Manufacturing Expansion Slowed in April
The Manufacturing Purchasing Managers Index posted its lowest reading since November 2016 and extends an eight-month trend of decelerating growth. Mixed economic data continue to support a high degree of caution amid slow economic expansion.