Daily Economy
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Why Population Predictions Bomb
The alarmists’ real concern is not the growth of population; it’s prosperity. Their concern is that the resources of the earth will be used up, and that humanity has to prepare by becoming fewer and poorer. But all the evidence points in the opposite direction.
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The Dangers of Totalitarian Planning, Past and Present
All forms of government intervention — taxation and regulation — within a market economy are forms of government planning.
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President Trump’s Bargaining Prowess Is a Liability, Not an Asset
When aggression is military, each government attempts to protect its citizens from that which is unleashed by foreigners. But when aggression is economic, it is unleashed by each government against its own citizens.
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Anti-Market Atavism Explained
Moral norms that served small bands of humans well 10,000 years ago — share, cooperate, punish anyone who violates the rules — are no longer very good at helping people navigate commercial society. Ask someone about price-gouging laws, or kidney sales, or generally talk about the role of price as an indispensable signal of scarcity.…
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Thanks to Capitalism, You Can Now Sleep Sitting Up
This pillow is not only a tribute to good engineering and good sense; it is a credit to a commercial system that enables and rewards innovation in service of the better life.
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What’s Causing the Growth? What’s the Threat? Stringham explains on BBC
Edward Stringham speaks to the subject of economic growth on the popular BBC show “Talking Business”
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Real GDP Growth Rebounds Sharply in the Second Quarter
Real gross domestic product rose at a 4.1 percent annualized rate in the second quarter, up from a revised 2.2 percent pace in the first quarter, while consumer-price increases decelerated in the second quarter. Overall, the very solid report suggests the U.S. economic expansion remains healthy.
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A Carbon Tax Is Still a Bad Idea
For the second time since the last election, there’s a growing effort to impose a carbon tax on Americans. Once again, this effort is being led not by the environmentalist left, but by conservative organizations and a small group of Republican legislators.
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Welfare: More Costs Than Benefits
Many people regard the welfare state as a great achievement. Yet few recognize that the larger the welfare state becomes, the more the beneficiaries themselves must bear the costs. The beneficiaries must pay for what they receive, and they also bear the administrative expenses and must pay for the rent-seeking of special interest groups that…
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Capital-Spending Prospects Remain Strong
New orders for durable goods jumped 1.0 percent in June while new orders for core capital goods rose 0.6 percent. Both are showing strong uptrends over the past two years.
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•
Why Population Predictions Bomb
The alarmists’ real concern is not the growth of population; it’s prosperity. Their concern is that the resources of the earth will be used up, and that humanity has to prepare by becoming fewer and poorer. But all the evidence points in the opposite direction.
-
•
The Dangers of Totalitarian Planning, Past and Present
All forms of government intervention — taxation and regulation — within a market economy are forms of government planning.
-
•
President Trump’s Bargaining Prowess Is a Liability, Not an Asset
When aggression is military, each government attempts to protect its citizens from that which is unleashed by foreigners. But when aggression is economic, it is unleashed by each government against its own citizens.
-
•
Anti-Market Atavism Explained
Moral norms that served small bands of humans well 10,000 years ago — share, cooperate, punish anyone who violates the rules — are no longer very good at helping people navigate commercial society. Ask someone about price-gouging laws, or kidney sales, or generally talk about the role of price as an indispensable signal of scarcity.…
-
•
Thanks to Capitalism, You Can Now Sleep Sitting Up
This pillow is not only a tribute to good engineering and good sense; it is a credit to a commercial system that enables and rewards innovation in service of the better life.
-
•
What’s Causing the Growth? What’s the Threat? Stringham explains on BBC
Edward Stringham speaks to the subject of economic growth on the popular BBC show “Talking Business”
-
•
Real GDP Growth Rebounds Sharply in the Second Quarter
Real gross domestic product rose at a 4.1 percent annualized rate in the second quarter, up from a revised 2.2 percent pace in the first quarter, while consumer-price increases decelerated in the second quarter. Overall, the very solid report suggests the U.S. economic expansion remains healthy.
-
•
A Carbon Tax Is Still a Bad Idea
For the second time since the last election, there’s a growing effort to impose a carbon tax on Americans. Once again, this effort is being led not by the environmentalist left, but by conservative organizations and a small group of Republican legislators.
-
•
Welfare: More Costs Than Benefits
Many people regard the welfare state as a great achievement. Yet few recognize that the larger the welfare state becomes, the more the beneficiaries themselves must bear the costs. The beneficiaries must pay for what they receive, and they also bear the administrative expenses and must pay for the rent-seeking of special interest groups that…
-
•
Capital-Spending Prospects Remain Strong
New orders for durable goods jumped 1.0 percent in June while new orders for core capital goods rose 0.6 percent. Both are showing strong uptrends over the past two years.