Daily Economy
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Let There Be Light!
Light, as we know it today, is a commodity. That would not have been possible without the institutional prerequisites — freedom to create, own, and exchange — that built the modernity we too often take for granted.
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What Our Frankensteins Have Wrought
Two hundred years later, Mary Shelley’s horrifying tale of the unconstrained vision continues to speak to us. It should also serve as a permanent warning.
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George Gilder at AIER: Life After Google (Full Video)
George Gilder’s recent book might be his biggest seller yet, and this is after a career of rocking both the intellectual and political worlds with visionary works that have anticipated and then defined the technological and policy trends of the times. His book is Life After Google, and its focus is on the rise of…
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Blockchain Is Disrupting the Auto Industry
Buying a car in America has long been a difficult process rife with bureaucracy and mistrust. But in many ways, digital technology is helping to make the process more pain-free.
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Worried about Climate Change? Count Your Blessings!
We have been liberated from the foulest and most lethal environmental hazards that cursed our pre-industrial ancestors.
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The Epic Battle to Control Your Thoughts
No authority can substitute for the activity, creativity, and adaptability of the human mind.
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Existing-Home Sales Fall Again
Sales of existing homes fell again in September. The combination of rising home prices and higher interest rates is likely weighing on housing activity, and is likely to restrain activity in the coming months and quarters.
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Why Debt-Driven Booms Are Unsustainable
Modern central banking claims to make the money supply more elastic to stabilize the economy. The rationale says that left to itself, the market economy is unstable. Yet the evidence suggests the opposite: that modern central banking is the main culprit for boom and bust.
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The Job Guarantee: A Critical Analysis (Executive Summary)
A federal job guarantee would be monumentally expensive, return only limited value from the participants’ work, entail administrative challenges nearly impossible to solve, and be potentially disastrous for economic growth and the private labor market.
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Falling Housing Permits Suggests a Cautious Outlook for Housing
The housing market appears to be struggling with a combination of elevated home prices and rising interest rates. With interest rates likely to drift even higher over coming months and quarters, the outlook for housing is cautious.
-
•
Let There Be Light!
Light, as we know it today, is a commodity. That would not have been possible without the institutional prerequisites — freedom to create, own, and exchange — that built the modernity we too often take for granted.
-
•
What Our Frankensteins Have Wrought
Two hundred years later, Mary Shelley’s horrifying tale of the unconstrained vision continues to speak to us. It should also serve as a permanent warning.
-
•
George Gilder at AIER: Life After Google (Full Video)
George Gilder’s recent book might be his biggest seller yet, and this is after a career of rocking both the intellectual and political worlds with visionary works that have anticipated and then defined the technological and policy trends of the times. His book is Life After Google, and its focus is on the rise of…
-
•
Blockchain Is Disrupting the Auto Industry
Buying a car in America has long been a difficult process rife with bureaucracy and mistrust. But in many ways, digital technology is helping to make the process more pain-free.
-
•
Worried about Climate Change? Count Your Blessings!
We have been liberated from the foulest and most lethal environmental hazards that cursed our pre-industrial ancestors.
-
•
The Epic Battle to Control Your Thoughts
No authority can substitute for the activity, creativity, and adaptability of the human mind.
-
•
Existing-Home Sales Fall Again
Sales of existing homes fell again in September. The combination of rising home prices and higher interest rates is likely weighing on housing activity, and is likely to restrain activity in the coming months and quarters.
-
•
Why Debt-Driven Booms Are Unsustainable
Modern central banking claims to make the money supply more elastic to stabilize the economy. The rationale says that left to itself, the market economy is unstable. Yet the evidence suggests the opposite: that modern central banking is the main culprit for boom and bust.
-
•
The Job Guarantee: A Critical Analysis (Executive Summary)
A federal job guarantee would be monumentally expensive, return only limited value from the participants’ work, entail administrative challenges nearly impossible to solve, and be potentially disastrous for economic growth and the private labor market.
-
•
Falling Housing Permits Suggests a Cautious Outlook for Housing
The housing market appears to be struggling with a combination of elevated home prices and rising interest rates. With interest rates likely to drift even higher over coming months and quarters, the outlook for housing is cautious.