Daily Economy
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The Golden Rule Requires Markets
If we want to follow The real Golden Rule, and we should, we shouldn’t force people to make the exchanges they would otherwise refuse in absence of coercion.
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Private Sector Job Gains Returned to Trend, Supporting a Cautiously Positive Outlook
Amid several months of mixed results in economic data, rebounding job creation in March helps tip the scales in favor of cautious optimism for continued economic expansion.
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Safe Banks Are Probably Not What You Want
Why wouldn’t we want safe and stable banks? Like almost everything else in economics, benefits in one area comes with real costs in others.
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Name the State
The bitter truth about most public policies being sold by the political class is that they give them more power to control our lives. If you favor some of these policies, be honest with the rest of us about what you mean, so that we can make more clear-headed judgments about the kind of society…
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The Road to Serfdom at 75 Years Young
Hayek still speaks to us today about the nature of democratic ways of relating to the rule of law, the structure of government, the role of public policy, and the promise of an international order of cosmopolitan liberalism.
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Services Sector Expands at a Moderate Pace in March
Nonmanufacturing activity expanded at a slower pace in March. The results are consistent with a range of economic data that point to uneven growth, but they do not suggest a recession is imminent.
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Maybe Bosses Do Wear Bunny Slippers
There are some clear advantages to the gig economy, for both workers who have specialized skills and for companies trying to remain small and nimble.
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The Dangers of the New Democratic Socialism
Regardless of the intentions or naïve beliefs, a system of democratic socialism cannot escape imposing commands and controls over economic life any noticeably different than those that were in existence in the old Soviet Union.
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MMT Is a Recipe for Revolution
MMT in the colonial period often led to periods of ruinous inflation and, less well-understood, revolution-inducing deflation.
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Manufacturing-Sector Growth Continued in March
The Manufacturing Purchasing Managers’ Index paints a modestly positive picture of the manufacturing sector in March, offsetting the weak report on February retail sales. The outlook is for ongoing economic expansion, but heightened caution is warranted.
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•
The Golden Rule Requires Markets
If we want to follow The real Golden Rule, and we should, we shouldn’t force people to make the exchanges they would otherwise refuse in absence of coercion.
-
•
Private Sector Job Gains Returned to Trend, Supporting a Cautiously Positive Outlook
Amid several months of mixed results in economic data, rebounding job creation in March helps tip the scales in favor of cautious optimism for continued economic expansion.
-
•
Safe Banks Are Probably Not What You Want
Why wouldn’t we want safe and stable banks? Like almost everything else in economics, benefits in one area comes with real costs in others.
-
•
Name the State
The bitter truth about most public policies being sold by the political class is that they give them more power to control our lives. If you favor some of these policies, be honest with the rest of us about what you mean, so that we can make more clear-headed judgments about the kind of society…
-
•
The Road to Serfdom at 75 Years Young
Hayek still speaks to us today about the nature of democratic ways of relating to the rule of law, the structure of government, the role of public policy, and the promise of an international order of cosmopolitan liberalism.
-
•
Services Sector Expands at a Moderate Pace in March
Nonmanufacturing activity expanded at a slower pace in March. The results are consistent with a range of economic data that point to uneven growth, but they do not suggest a recession is imminent.
-
•
Maybe Bosses Do Wear Bunny Slippers
There are some clear advantages to the gig economy, for both workers who have specialized skills and for companies trying to remain small and nimble.
-
•
The Dangers of the New Democratic Socialism
Regardless of the intentions or naïve beliefs, a system of democratic socialism cannot escape imposing commands and controls over economic life any noticeably different than those that were in existence in the old Soviet Union.
-
•
MMT Is a Recipe for Revolution
MMT in the colonial period often led to periods of ruinous inflation and, less well-understood, revolution-inducing deflation.
-
•
Manufacturing-Sector Growth Continued in March
The Manufacturing Purchasing Managers’ Index paints a modestly positive picture of the manufacturing sector in March, offsetting the weak report on February retail sales. The outlook is for ongoing economic expansion, but heightened caution is warranted.