Daily Economy
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Father of Protectionism: The Baneful but Lasting Influence of Friedrich List
List posited a conflict between the interests of commercial society and the interests of the nation as a whole.
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Thanks to Their Student Loans, Millennials Expect to Die in Debt
While many of the news outlets reporting on these findings urge young people to get a plan in place so they can pay off their debt, the reality is that government’s push to give everyone a college education is what has greatly contributed to young people’s debt load. And what’s worse, degrees are not actually…
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No, This Shutdown Does Not Look Like Liberty
This shutdown is not showing us what freedom looks and feels like. It is not a libertarian experiment. It is showing us just how much government is doing that it need not do.
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Why Facebook’s Stablecoin is Good News for Crypto
Technology rarely does what we hope or predict it will do. In a year of falling exchange rates and failed ICOs, Facebook’s co-option of blockchain technology might be the best news for the industry of 2018.
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The Sneaky Ways that the Democratic House Can Raise Taxes
The Democrats who just took control of the House of Representatives have already implemented changes to House rules so that if they decide to act on Ocasio-Cortez’s idea to jack up the top marginal tax rate to 70 percent, no procedural obstructions will block their way.
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France’s and Austria’s Digital Taxes Will Only Hurt Consumers
While people in France and Austria might not be completely aware that this added tax will actually hurt them in the long run, authorities in those two countries should be reminded that the digital tax is nothing but an additional burden on the consumer; pretending the plan is about fairness will not fly.
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Mistakes People Make When They Are Fired
Everyone will get fired at some point in a career. Whether you turn this to the good in your life is up to you.
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Capitalism, Not Morality, Ended Baseball’s Color Line
Baseball teams are judged on wins and losses, and firms in the marketplace are “judged” by profits and losses. Since performance is objective, there is far more pressure on participants to put aside their prejudices and personal preferences.
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The Dangers of Negative Interest Rates and a Cashless Economy
Interest rate manipulations by central banks through monetary policy are similar to price controls on other goods.
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Small-Business Confidence and Job Openings Decline Slightly
Small-business confidence and job openings fell slightly in the latest reports but both remain at high levels, providing some positive support for the economic outlook.
-
•
Father of Protectionism: The Baneful but Lasting Influence of Friedrich List
List posited a conflict between the interests of commercial society and the interests of the nation as a whole.
-
•
Thanks to Their Student Loans, Millennials Expect to Die in Debt
While many of the news outlets reporting on these findings urge young people to get a plan in place so they can pay off their debt, the reality is that government’s push to give everyone a college education is what has greatly contributed to young people’s debt load. And what’s worse, degrees are not actually…
-
•
No, This Shutdown Does Not Look Like Liberty
This shutdown is not showing us what freedom looks and feels like. It is not a libertarian experiment. It is showing us just how much government is doing that it need not do.
-
•
Why Facebook’s Stablecoin is Good News for Crypto
Technology rarely does what we hope or predict it will do. In a year of falling exchange rates and failed ICOs, Facebook’s co-option of blockchain technology might be the best news for the industry of 2018.
-
•
The Sneaky Ways that the Democratic House Can Raise Taxes
The Democrats who just took control of the House of Representatives have already implemented changes to House rules so that if they decide to act on Ocasio-Cortez’s idea to jack up the top marginal tax rate to 70 percent, no procedural obstructions will block their way.
-
•
France’s and Austria’s Digital Taxes Will Only Hurt Consumers
While people in France and Austria might not be completely aware that this added tax will actually hurt them in the long run, authorities in those two countries should be reminded that the digital tax is nothing but an additional burden on the consumer; pretending the plan is about fairness will not fly.
-
•
Mistakes People Make When They Are Fired
Everyone will get fired at some point in a career. Whether you turn this to the good in your life is up to you.
-
•
Capitalism, Not Morality, Ended Baseball’s Color Line
Baseball teams are judged on wins and losses, and firms in the marketplace are “judged” by profits and losses. Since performance is objective, there is far more pressure on participants to put aside their prejudices and personal preferences.
-
•
The Dangers of Negative Interest Rates and a Cashless Economy
Interest rate manipulations by central banks through monetary policy are similar to price controls on other goods.
-
•
Small-Business Confidence and Job Openings Decline Slightly
Small-business confidence and job openings fell slightly in the latest reports but both remain at high levels, providing some positive support for the economic outlook.