Daily Economy
-
•
California Invites Inefficiency, Cronyism with Solar Mandate
California wants every home to come with a solar panel. In an unprecedented move, it is now the first US state to require solar panels on the majority of houses built after January 2020.
-
•
Thank you, AIER
Two golden summers at the American Institute for Economic Research gently reshaped my philosophical outlook and personal life forever—much for the better. My 1981 and 1982 summer fellowships helped instill a deep appreciation for the intensely personal nature of economic markets, and they steered me toward a long and happy marriage.
-
•
New York Hospitals Suffer from Blockade on Profits
A little-known fact about New York state is that it has virtually no for-profit community hospitals. Thanks to laws in place since the mid-1960s, the Empire State effectively bans hospital ownership by corporations and discourages private investment.
-
•
The Sock Slider, It Turns Out, Is a Godsend
As it turns out, many people have needs that cannot be appreciated or discerned in advance by intellectuals. Many times, they cannot even understand them. This has been obvious since the late 19th century, when the socialist critique of the capitalist market underwent a huge shift. The Marxists had predicted that capitalism would impoverish the…
-
•
Retail Sales Rise in April
Retail sales rose 0.3 percent in April following a 0.8 percent increase in March. The April gain suggests that second-quarter GDP growth is off to a solid start.
-
•
The Strangest Twist Yet on Trade with China
The company ZTE (Zhongxing Telecommunications Equipment) in Shanghai had employed as many 75,000, and does business in 160 nations, while relying heavily on importing American component parts and manufacturing cellphones and other digital equipment. The US Commerce Department came down hard on the company for dealings with North Korea and Iran. It fined the company…
-
•
Cryptocurrencies and Small Businesses Have Similar Failure Rates
The fact that about half of altcoins failed or came close to doing so over five years is a promising sign for that market, rather than an indictment of anything not named Bitcoin.
-
•
Let Consumers Combat Global Warming
Despite capitalism’s track record of producing wealthier and enviromentally-conscious societies, decision makers across the globe keep insisting on anti-market and Malthusian-like measures as the best solutions to combat climate change.
-
•
Beware the Friend/Enemy Binary of Politics
Markets require that people play nice. Give these same people a forum in which to argue politics and they become barbaric. Why is that?
-
•
Hip-Hop’s Tradition of Opposing State Destruction
Since its inception in the 1970s, hip-hop has used music to highlight issues such as the war on drugs, police brutality, poverty, and the treatment of minorities in the United States.
-
•
California Invites Inefficiency, Cronyism with Solar Mandate
California wants every home to come with a solar panel. In an unprecedented move, it is now the first US state to require solar panels on the majority of houses built after January 2020.
-
•
Thank you, AIER
Two golden summers at the American Institute for Economic Research gently reshaped my philosophical outlook and personal life forever—much for the better. My 1981 and 1982 summer fellowships helped instill a deep appreciation for the intensely personal nature of economic markets, and they steered me toward a long and happy marriage.
-
•
New York Hospitals Suffer from Blockade on Profits
A little-known fact about New York state is that it has virtually no for-profit community hospitals. Thanks to laws in place since the mid-1960s, the Empire State effectively bans hospital ownership by corporations and discourages private investment.
-
•
The Sock Slider, It Turns Out, Is a Godsend
As it turns out, many people have needs that cannot be appreciated or discerned in advance by intellectuals. Many times, they cannot even understand them. This has been obvious since the late 19th century, when the socialist critique of the capitalist market underwent a huge shift. The Marxists had predicted that capitalism would impoverish the…
-
•
Retail Sales Rise in April
Retail sales rose 0.3 percent in April following a 0.8 percent increase in March. The April gain suggests that second-quarter GDP growth is off to a solid start.
-
•
The Strangest Twist Yet on Trade with China
The company ZTE (Zhongxing Telecommunications Equipment) in Shanghai had employed as many 75,000, and does business in 160 nations, while relying heavily on importing American component parts and manufacturing cellphones and other digital equipment. The US Commerce Department came down hard on the company for dealings with North Korea and Iran. It fined the company…
-
•
Cryptocurrencies and Small Businesses Have Similar Failure Rates
The fact that about half of altcoins failed or came close to doing so over five years is a promising sign for that market, rather than an indictment of anything not named Bitcoin.
-
•
Let Consumers Combat Global Warming
Despite capitalism’s track record of producing wealthier and enviromentally-conscious societies, decision makers across the globe keep insisting on anti-market and Malthusian-like measures as the best solutions to combat climate change.
-
•
Beware the Friend/Enemy Binary of Politics
Markets require that people play nice. Give these same people a forum in which to argue politics and they become barbaric. Why is that?
-
•
Hip-Hop’s Tradition of Opposing State Destruction
Since its inception in the 1970s, hip-hop has used music to highlight issues such as the war on drugs, police brutality, poverty, and the treatment of minorities in the United States.