Daily Economy
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We Created Our Own Data Breach
I seriously doubt there will ever be another Facebook. The solutions of the future will be decentralized. Already, most of us run a half dozen – or maybe several dozen – apps in our suites of software that allow chat, sharing, conversations, groups, and so on. The competition will never end, and we will all…
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The Monetary and Financial System of the Future
Seemingly out of nowhere, we have now an entire suite of technology that could conceivably displace and even replace national money, traditional payment options, and even regulated capital markets, and bring us something new and much more wonderful.
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This Is How Trade Wars Happen
In a political sense, Trump might be onto something, temporarily, in the most cynical way. It is very easy for the hoi polloi to think in terms of national collectives. It’s us vs them, our guys vs. their guys. The trouble is that the world is no longer organized primarily along these nationalistic lines. We…
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Durable-Goods Orders Rebound in February, Maintain Upward Trend
New orders for durable goods rose 3.1 percent in February to $247.7 billion. Over the past 12 months, total durable-goods orders are up 8.9 percent, and since hitting a recent low of $211.5 billion in June 2016, the gain is 17.1 percent.
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Home-Price Increases Are Accelerating; Initial Claims Remain Low
Home prices are accelerating as a result of a limited supply of homes for sale and continued strong consumer fundamentals including a very low level of initial claims for unemployment insurance.
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Existing-Home Sales Are Plateauing, Restrained by Low Inventory
Existing-home sales rose 3.0 percent in February following a 3.2 percent drop in January. Sales have bounced around in a tight range for most of the past two years. One of the key reasons for the range-bound selling pace is the tight supply of existing homes for sale.
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No, Mr. Cooper, Classical Liberalism Is Not Profoundly Wretched
Liberalism believes that society manages itself better than any top-down authority can. That includes the commercial life of a nation. But it also pertains to civil liberties, international relations, migrations, family and cultural life, and religion. And what does classical liberalism oppose? Managed economies, imperialism, ethnic cleansing, war, arbitrary rule, dictatorship, authoritarianism, and every action…
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Debunking the Statist Account of US History
The Politically Incorrect Guide to American History raised considerable controversy at the time of its release, above all, from mainstream academic circles. This comes as no surprise, considering that the field has been dominated by statist intellectuals of all stripes over the past century or so.
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Four Conclusions You Can’t Draw From Data on School Shootings
School shootings are a horrible problem everyone would like to solve. But when people try to use them to support most policy interventions, they are typically drawing conclusions that fit their own worldview from a very limited set of facts.
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Girl Scouts Fosters Budding Entrepreneurs
Across the country, Girl Scouts are getting real-life lessons in entrepreneurship, financial planning, leadership, and even computer coding.
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•
We Created Our Own Data Breach
I seriously doubt there will ever be another Facebook. The solutions of the future will be decentralized. Already, most of us run a half dozen – or maybe several dozen – apps in our suites of software that allow chat, sharing, conversations, groups, and so on. The competition will never end, and we will all…
-
•
The Monetary and Financial System of the Future
Seemingly out of nowhere, we have now an entire suite of technology that could conceivably displace and even replace national money, traditional payment options, and even regulated capital markets, and bring us something new and much more wonderful.
-
•
This Is How Trade Wars Happen
In a political sense, Trump might be onto something, temporarily, in the most cynical way. It is very easy for the hoi polloi to think in terms of national collectives. It’s us vs them, our guys vs. their guys. The trouble is that the world is no longer organized primarily along these nationalistic lines. We…
-
•
Durable-Goods Orders Rebound in February, Maintain Upward Trend
New orders for durable goods rose 3.1 percent in February to $247.7 billion. Over the past 12 months, total durable-goods orders are up 8.9 percent, and since hitting a recent low of $211.5 billion in June 2016, the gain is 17.1 percent.
-
•
Home-Price Increases Are Accelerating; Initial Claims Remain Low
Home prices are accelerating as a result of a limited supply of homes for sale and continued strong consumer fundamentals including a very low level of initial claims for unemployment insurance.
-
•
Existing-Home Sales Are Plateauing, Restrained by Low Inventory
Existing-home sales rose 3.0 percent in February following a 3.2 percent drop in January. Sales have bounced around in a tight range for most of the past two years. One of the key reasons for the range-bound selling pace is the tight supply of existing homes for sale.
-
•
No, Mr. Cooper, Classical Liberalism Is Not Profoundly Wretched
Liberalism believes that society manages itself better than any top-down authority can. That includes the commercial life of a nation. But it also pertains to civil liberties, international relations, migrations, family and cultural life, and religion. And what does classical liberalism oppose? Managed economies, imperialism, ethnic cleansing, war, arbitrary rule, dictatorship, authoritarianism, and every action…
-
•
Debunking the Statist Account of US History
The Politically Incorrect Guide to American History raised considerable controversy at the time of its release, above all, from mainstream academic circles. This comes as no surprise, considering that the field has been dominated by statist intellectuals of all stripes over the past century or so.
-
•
Four Conclusions You Can’t Draw From Data on School Shootings
School shootings are a horrible problem everyone would like to solve. But when people try to use them to support most policy interventions, they are typically drawing conclusions that fit their own worldview from a very limited set of facts.
-
•
Girl Scouts Fosters Budding Entrepreneurs
Across the country, Girl Scouts are getting real-life lessons in entrepreneurship, financial planning, leadership, and even computer coding.