Daily Economy
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Liberal Capitalism as the Ideology of Freedom and Moderation
Classical liberals and libertarians consider that their defense and insistence upon a principled practice of individual liberty and competitive free markets is no less of a moral necessity and calling than earlier demands for ending infringements on personal and social freedom that were widely taken for granted.
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The Best Rules Are Those You Can’t Write Down
Conventions exist when people all agree on a rule of behavior, even if no one ever said the rule out loud or wrote it down.
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Stop Looking for Saints and Witches
Arguments should be judged, ultimately, by their contents rather than by the identities of their flesh and blood deliverers.
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Cause and Control Is Back in Print
An amazing book appeared before FDR was elected that explained all economic events, using sound economic logic and evidence. The crash, this book said, was the result of monetary mismanagement by the Federal Reserve and distorted price and interest rate signals.
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Private Payrolls Jumped in October and Wage Growth Accelerated
U.S. nonfarm payrolls added 250,000 jobs in October and hourly earnings growth accelerated to a 3.1 percent rate, the highest since April 2009. Both are positive signs for the labor market and the economy overall.
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True or False: Economists Should Advise Despotic States
Economists are often asked to render economic advice to foreign nations. Sometimes these countries are ruled by dictators. That presents a moral quandary.
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ISM Manufacturing PMI Fell in October but Suggests Continued Expansion
The Manufacturing Purchasing Managers Index registered a 57.7 percent reading in October. Despite a small decline, the index remains well above neutral and is a positive sign for the manufacturing sector.
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Why Moderation Isn’t Always a Good Idea
Society will only thrive as long as people are willing to passionately hold ideas that challenge the mainstream.
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What Happened at Bretton Woods?
At the end of the Second World War, the United States assumed the helm of global leadership at the international monetary conference at Bretton Woods in the New Hampshire in 1944. The purpose of this conference was to determine the principles of the postwar currency regime.
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The Economics of Dracula
Vlad the Impaler and his literary incarnation — Count Dracula — have real historical roots in a dark period of economic nationalism.
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•
Liberal Capitalism as the Ideology of Freedom and Moderation
Classical liberals and libertarians consider that their defense and insistence upon a principled practice of individual liberty and competitive free markets is no less of a moral necessity and calling than earlier demands for ending infringements on personal and social freedom that were widely taken for granted.
-
•
The Best Rules Are Those You Can’t Write Down
Conventions exist when people all agree on a rule of behavior, even if no one ever said the rule out loud or wrote it down.
-
•
Stop Looking for Saints and Witches
Arguments should be judged, ultimately, by their contents rather than by the identities of their flesh and blood deliverers.
-
•
Cause and Control Is Back in Print
An amazing book appeared before FDR was elected that explained all economic events, using sound economic logic and evidence. The crash, this book said, was the result of monetary mismanagement by the Federal Reserve and distorted price and interest rate signals.
-
•
Private Payrolls Jumped in October and Wage Growth Accelerated
U.S. nonfarm payrolls added 250,000 jobs in October and hourly earnings growth accelerated to a 3.1 percent rate, the highest since April 2009. Both are positive signs for the labor market and the economy overall.
-
•
True or False: Economists Should Advise Despotic States
Economists are often asked to render economic advice to foreign nations. Sometimes these countries are ruled by dictators. That presents a moral quandary.
-
•
ISM Manufacturing PMI Fell in October but Suggests Continued Expansion
The Manufacturing Purchasing Managers Index registered a 57.7 percent reading in October. Despite a small decline, the index remains well above neutral and is a positive sign for the manufacturing sector.
-
•
Why Moderation Isn’t Always a Good Idea
Society will only thrive as long as people are willing to passionately hold ideas that challenge the mainstream.
-
•
What Happened at Bretton Woods?
At the end of the Second World War, the United States assumed the helm of global leadership at the international monetary conference at Bretton Woods in the New Hampshire in 1944. The purpose of this conference was to determine the principles of the postwar currency regime.
-
•
The Economics of Dracula
Vlad the Impaler and his literary incarnation — Count Dracula — have real historical roots in a dark period of economic nationalism.