Daily Economy
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Durable-Goods Orders Show Strength in March
Durable-goods orders posted a solid gain in March, led by record-high orders for core capital goods excluding aircraft. Today’s reports suggest a cautiously optimistic outlook.
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NYC’s Building-Emissions Bill Will Hurt the City’s Economy
Rep. Alexandria Ocasio-Cortez’s Green New Deal may have died in the Senate after a 0-57 vote that blocked the resolution, but in New York City, one of the deal’s main proposals has found a new home.
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Uber’s New Feature: A Response to Fake-Driver Epidemic
If we truly had a fully free market economy, this type of reaction would always be the norm. It is when crony capitalism reigns supreme that we have instances of companies knowingly pushing products that hurt consumers — with the support and blessing of the government.
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How To Defend a Culture of Innovation During the Technopanic
We need a vision and set of principles to fight back against neo-Luddites and their proposals to slow or stop technological change.
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Capitalism Is Also About Sharing
There is no limit to the examples of the distinction between what must be economized and what need not be. We need to develop the capacity to know the difference.
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Capitalism in Three Principles
Michael Munger found it useful to summarize the argument for capitalism briefly, and in some ways superficially.
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Punitive Taxation of America’s Richest
Taken together, the top quintile of earners, representing 53 percent of total income, paid 70 percent of all federal taxes, or 17 percentage points above their fair share.
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The Unending Creativity of the Spider-Verse
So long as there are new ways to think about the conflict between someone who has been bitten by a radioactive spider, a crime lord who has lost his family, and a mad scientist with mechanical tentacles, there will be room for economic progress.
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Central Banking Is Central Planning
The long history of central banking, and especially over the last 100 years of paper monies and out-of-control government deficit spending partly funded by “monetization” of the debt, has more than clearly demonstrated that the epoch of modern central banking needs to come to an end.
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Thanks to Social Media, Millennials Are Revamping the Beauty Industry
One of the most groundbreaking characteristics of social media is that it connects consumers and entrepreneurs directly, giving businesses the opportunity to better understand and serve their clientele.
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•
Durable-Goods Orders Show Strength in March
Durable-goods orders posted a solid gain in March, led by record-high orders for core capital goods excluding aircraft. Today’s reports suggest a cautiously optimistic outlook.
-
•
NYC’s Building-Emissions Bill Will Hurt the City’s Economy
Rep. Alexandria Ocasio-Cortez’s Green New Deal may have died in the Senate after a 0-57 vote that blocked the resolution, but in New York City, one of the deal’s main proposals has found a new home.
-
•
Uber’s New Feature: A Response to Fake-Driver Epidemic
If we truly had a fully free market economy, this type of reaction would always be the norm. It is when crony capitalism reigns supreme that we have instances of companies knowingly pushing products that hurt consumers — with the support and blessing of the government.
-
•
How To Defend a Culture of Innovation During the Technopanic
We need a vision and set of principles to fight back against neo-Luddites and their proposals to slow or stop technological change.
-
•
Capitalism Is Also About Sharing
There is no limit to the examples of the distinction between what must be economized and what need not be. We need to develop the capacity to know the difference.
-
•
Capitalism in Three Principles
Michael Munger found it useful to summarize the argument for capitalism briefly, and in some ways superficially.
-
•
Punitive Taxation of America’s Richest
Taken together, the top quintile of earners, representing 53 percent of total income, paid 70 percent of all federal taxes, or 17 percentage points above their fair share.
-
•
The Unending Creativity of the Spider-Verse
So long as there are new ways to think about the conflict between someone who has been bitten by a radioactive spider, a crime lord who has lost his family, and a mad scientist with mechanical tentacles, there will be room for economic progress.
-
•
Central Banking Is Central Planning
The long history of central banking, and especially over the last 100 years of paper monies and out-of-control government deficit spending partly funded by “monetization” of the debt, has more than clearly demonstrated that the epoch of modern central banking needs to come to an end.
-
•
Thanks to Social Media, Millennials Are Revamping the Beauty Industry
One of the most groundbreaking characteristics of social media is that it connects consumers and entrepreneurs directly, giving businesses the opportunity to better understand and serve their clientele.