Daily Economy
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Prices and Interest Rates May Be Weighing on Housing
Sales of new single-family homes fell 1.7 percent in July. Slowing sales are coinciding with slowing construction suggesting new-home building is unlikely to contribute significantly to growth in coming quarters.
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The Turkish Currency Crisis and What It Can Teach Us
Since 2010, the balance sheet of the Turkish central bank has more than tripled. This expansion came as the result of putting an end to the independence of the Turkish central bank by Turkey’s president Recep Tayyip Erdogan. He was democratically elected in 2014 and re-elected in 2018. Over the years since he took power,…
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Existing-Home Sales Fell Again in July
Sales of existing homes fell in July, the fourth consecutive decline. Declining affordability due to rising home prices and rising interest rates is likely to continue weighing on housing activity in coming quarters.
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The History and Future of Liberalism
Jeffrey Tucker was on this interview with Dave Rubin. Part 2 covers the history of Right Hegelianism and it is coming up. Part 1 here covers the history and meaning of liberalism.
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Economic Armaments and China’s Global Ambitions
The Chinese government’s insistence on “making China great again” through various forms of command and control (at home and abroad) suggests that things are not likely to work out according to plan.
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This Is What Happened to Social Media
The social-media world of the future will not be centralized. It will take many different forms, and the replacement for Facebook is not likely to be a copy. It will be something else entirely, and we can see this already happening. This realization will force us all to come to terms with a reality of…
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The Great Danger of the Stakeholder Mandate
While there are imperfections in today’s economy in general and its system of corporate governance in particular, these are nowhere as extensive and threatening as Sen. Warren thinks them to be. And these imperfections are certainly not so serious as to justify any militant and wholesale restructuring of corporate law of the sort that Sen.…
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Aretha Franklin’s Individualist Art
When it comes to meaningful change, that type of cultural shift that really dissolves the blindfold created by collectivism, there’s nothing more effective than art.
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The Economic Realities of Democratic Socialism
The bottom line is that none of us can afford the true budgetary costs of the Democrat Socialist dream. And that’s just the financial costs. It says nothing about the stifling of innovation, of entrepreneurship, and of work under such plan. It’s amazing what twenty-five years can do to a political party’s ideology.
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Small Water Bottles Banned in AIER’s Back Yard
Government bans are polarizing, constrain peoples’ behavior rather than changing it, must be enforced, and can be manipulated by corporate interests.
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•
Prices and Interest Rates May Be Weighing on Housing
Sales of new single-family homes fell 1.7 percent in July. Slowing sales are coinciding with slowing construction suggesting new-home building is unlikely to contribute significantly to growth in coming quarters.
-
•
The Turkish Currency Crisis and What It Can Teach Us
Since 2010, the balance sheet of the Turkish central bank has more than tripled. This expansion came as the result of putting an end to the independence of the Turkish central bank by Turkey’s president Recep Tayyip Erdogan. He was democratically elected in 2014 and re-elected in 2018. Over the years since he took power,…
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•
Existing-Home Sales Fell Again in July
Sales of existing homes fell in July, the fourth consecutive decline. Declining affordability due to rising home prices and rising interest rates is likely to continue weighing on housing activity in coming quarters.
-
•
The History and Future of Liberalism
Jeffrey Tucker was on this interview with Dave Rubin. Part 2 covers the history of Right Hegelianism and it is coming up. Part 1 here covers the history and meaning of liberalism.
-
•
Economic Armaments and China’s Global Ambitions
The Chinese government’s insistence on “making China great again” through various forms of command and control (at home and abroad) suggests that things are not likely to work out according to plan.
-
•
This Is What Happened to Social Media
The social-media world of the future will not be centralized. It will take many different forms, and the replacement for Facebook is not likely to be a copy. It will be something else entirely, and we can see this already happening. This realization will force us all to come to terms with a reality of…
-
•
The Great Danger of the Stakeholder Mandate
While there are imperfections in today’s economy in general and its system of corporate governance in particular, these are nowhere as extensive and threatening as Sen. Warren thinks them to be. And these imperfections are certainly not so serious as to justify any militant and wholesale restructuring of corporate law of the sort that Sen.…
-
•
Aretha Franklin’s Individualist Art
When it comes to meaningful change, that type of cultural shift that really dissolves the blindfold created by collectivism, there’s nothing more effective than art.
-
•
The Economic Realities of Democratic Socialism
The bottom line is that none of us can afford the true budgetary costs of the Democrat Socialist dream. And that’s just the financial costs. It says nothing about the stifling of innovation, of entrepreneurship, and of work under such plan. It’s amazing what twenty-five years can do to a political party’s ideology.
-
•
Small Water Bottles Banned in AIER’s Back Yard
Government bans are polarizing, constrain peoples’ behavior rather than changing it, must be enforced, and can be manipulated by corporate interests.