Daily Economy
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How E.C. Harwood Stood Firm Against FDR’s Attempts to Censor AIER
The political persecution of Harwood appears to have originated in the highest ranks of the Roosevelt Administration. As Harwood later recounted, an investigator showed him a copy of the Bulletin containing a handwritten directive to “investigate and stop this.” It was signed by Lauchlin Currie, a former Harvard professor who became Roosevelt’s chief adviser on…
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The Myth of Fed Independence
“Presidential attempts to influence the Fed did not start with, and will not end with, the current Chief Executive.” ~ Pete Earle
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Arthur Pigou Warned of the Failures of Government
“Pigou may have been too optimistic about the prospects for improving state action, but he had no illusions about the problem states faced in acting correctly.” ~ Michael Munger
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What Monks Can Teach Us About Blockchain
“While we sit around wondering why blockchain and other technologies aren’t turning the world upside down before our very eyes, it’s instructive to remember that epoch-defining inventions of the past that we now reduce to a sentence or two actually took ages to unfold.” ~ Max Gulker
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New Record Highs for Small-Business Confidence and Job Openings
The small-business-optimism index from the National Federation of Independent Business jumped to 108.8 in August, a new all-time high. Job openings also reached a new all-time high. Combined, these reports indicate on-going economic strength and support a positive outlook over the coming months and quarters.
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The Economics of Autarky
“It is not so much economic as political and philosophical: history must drive toward centralized power under great men and their intellectual advisors. Economic forces must be restricted to the bounds of the nation-state, because those bounds are the limits of the jurisdiction of the powers that be. Trade outside the borders, in this case,…
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Macro Aggregates Hide the Real Market Processes at Work
“A crucial reason why monetary and fiscal planners fail traces to the indicators they use as the signposts for what they may need to do are themselves false signals hiding from view the reality of the complex market system.” ~ Richard Ebeling
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Kim Kardashian’s Fight For Criminal Justice Reform
“Giving judges discretion over sentencing helps the individual under review, society as a whole, and the taxpayer, who won’t have to financially support yet another nonviolent convict for decades into the future. But most importantly, it helps to lessen the burden that the drug war has placed on the shoulders of people of color.” ~…
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Three Burning Questions about Political Economy
Can you explain why we Americans today, who are so much richer than were our great-great grandparents, are also so much more fearful than they were of peaceful immigrants?
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The Economic Outrage of the Ex-Im Bank
“It is time to put an end to all corporate privilege. We should start by abolishing, completely and permanently, the Ex-Im Bank.” ~ Veronique de Rugy
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How E.C. Harwood Stood Firm Against FDR’s Attempts to Censor AIER
The political persecution of Harwood appears to have originated in the highest ranks of the Roosevelt Administration. As Harwood later recounted, an investigator showed him a copy of the Bulletin containing a handwritten directive to “investigate and stop this.” It was signed by Lauchlin Currie, a former Harvard professor who became Roosevelt’s chief adviser on…
-
•
The Myth of Fed Independence
“Presidential attempts to influence the Fed did not start with, and will not end with, the current Chief Executive.” ~ Pete Earle
-
•
Arthur Pigou Warned of the Failures of Government
“Pigou may have been too optimistic about the prospects for improving state action, but he had no illusions about the problem states faced in acting correctly.” ~ Michael Munger
-
•
What Monks Can Teach Us About Blockchain
“While we sit around wondering why blockchain and other technologies aren’t turning the world upside down before our very eyes, it’s instructive to remember that epoch-defining inventions of the past that we now reduce to a sentence or two actually took ages to unfold.” ~ Max Gulker
-
•
New Record Highs for Small-Business Confidence and Job Openings
The small-business-optimism index from the National Federation of Independent Business jumped to 108.8 in August, a new all-time high. Job openings also reached a new all-time high. Combined, these reports indicate on-going economic strength and support a positive outlook over the coming months and quarters.
-
•
The Economics of Autarky
“It is not so much economic as political and philosophical: history must drive toward centralized power under great men and their intellectual advisors. Economic forces must be restricted to the bounds of the nation-state, because those bounds are the limits of the jurisdiction of the powers that be. Trade outside the borders, in this case,…
-
•
Macro Aggregates Hide the Real Market Processes at Work
“A crucial reason why monetary and fiscal planners fail traces to the indicators they use as the signposts for what they may need to do are themselves false signals hiding from view the reality of the complex market system.” ~ Richard Ebeling
-
•
Kim Kardashian’s Fight For Criminal Justice Reform
“Giving judges discretion over sentencing helps the individual under review, society as a whole, and the taxpayer, who won’t have to financially support yet another nonviolent convict for decades into the future. But most importantly, it helps to lessen the burden that the drug war has placed on the shoulders of people of color.” ~…
-
•
Three Burning Questions about Political Economy
Can you explain why we Americans today, who are so much richer than were our great-great grandparents, are also so much more fearful than they were of peaceful immigrants?
-
•
The Economic Outrage of the Ex-Im Bank
“It is time to put an end to all corporate privilege. We should start by abolishing, completely and permanently, the Ex-Im Bank.” ~ Veronique de Rugy