Daily Economy
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The Lighthouse Myth
It is quite true that a standard bilateral fee-for-service arrangement would fail to provide enough lighthouses — at first. But that failure would have consequences.
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Labor-Market Outlook Remains Strong as Job Openings Surge
The latest data from the Bureau of Labor Statistics shows a surge in job openings in August, to 7.136 million, while private sector job openings totaled 6.464 million. Both are at new all-time highs.
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The Real Achievement of Federalism
Madison would be horrified to see the extent to which his federalist vision has failed to endure. Fiscal power has become increasingly centralized, with the federal government taking over more and more state functions.
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Out-of-Control Government: How, Why, and What to Do
“It seems almost impossible to rein in government. It keeps growing in size and scope in one direction after another. Why? And is there any way to reverse it?” ~ Richard Ebeling
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Tether again Breaks the Buck
Under ideal conditions, stablecoins would come to exist due to pure market demand rather than as a reflection of the regulatory climate that has limited access to conventional banking services.
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The Next Financial Crises
The next financial crisis is just around the corner. It is only a matter of time until once again the world economy will be shocked by a massive contraction of liquidity. All markets are linked, and the origin of a new crisis can come from anywhere. A global financial crisis is the result of an…
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Capitalists Get Rich but Consumers Capture the Benefits
Producers, on average, capture a 2.2 percent of the total benefits of their successful introduction into markets of technological advances. A whopping 97.8 percent of those benefits are enjoyed by people each of whom as a consumer did nothing other than exercise his right to spend his money on those options that he judges best for…
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Fallout from the Trade Wars
To “buy American,” as the nationalists and nativists demand, is to eschew today’s beneficial products while underrating the benefits of yesterday’s globalization of trade and fearing tomorrow’s.
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Google’s Data Breach Scandal Is About Regulation
Google wasn’t truly afraid of reputational damage, as it reigns supreme as the top search engine online. What it feared was that this data-breach problem would put it face to face with Congress.
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A Crisis of Rigor in the Academy
What a recent academic hoax reveals is a pervasive problem of declining scholarly rigor afflicting certain parts of the academy.
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•
The Lighthouse Myth
It is quite true that a standard bilateral fee-for-service arrangement would fail to provide enough lighthouses — at first. But that failure would have consequences.
-
•
Labor-Market Outlook Remains Strong as Job Openings Surge
The latest data from the Bureau of Labor Statistics shows a surge in job openings in August, to 7.136 million, while private sector job openings totaled 6.464 million. Both are at new all-time highs.
-
•
The Real Achievement of Federalism
Madison would be horrified to see the extent to which his federalist vision has failed to endure. Fiscal power has become increasingly centralized, with the federal government taking over more and more state functions.
-
•
Out-of-Control Government: How, Why, and What to Do
“It seems almost impossible to rein in government. It keeps growing in size and scope in one direction after another. Why? And is there any way to reverse it?” ~ Richard Ebeling
-
•
Tether again Breaks the Buck
Under ideal conditions, stablecoins would come to exist due to pure market demand rather than as a reflection of the regulatory climate that has limited access to conventional banking services.
-
•
The Next Financial Crises
The next financial crisis is just around the corner. It is only a matter of time until once again the world economy will be shocked by a massive contraction of liquidity. All markets are linked, and the origin of a new crisis can come from anywhere. A global financial crisis is the result of an…
-
•
Capitalists Get Rich but Consumers Capture the Benefits
Producers, on average, capture a 2.2 percent of the total benefits of their successful introduction into markets of technological advances. A whopping 97.8 percent of those benefits are enjoyed by people each of whom as a consumer did nothing other than exercise his right to spend his money on those options that he judges best for…
-
•
Fallout from the Trade Wars
To “buy American,” as the nationalists and nativists demand, is to eschew today’s beneficial products while underrating the benefits of yesterday’s globalization of trade and fearing tomorrow’s.
-
•
Google’s Data Breach Scandal Is About Regulation
Google wasn’t truly afraid of reputational damage, as it reigns supreme as the top search engine online. What it feared was that this data-breach problem would put it face to face with Congress.
-
•
A Crisis of Rigor in the Academy
What a recent academic hoax reveals is a pervasive problem of declining scholarly rigor afflicting certain parts of the academy.