Daily Economy
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Economics Gave Unified Culture a Mercy Killing
The fall of the Oscars is only one sign of a larger trend. Technology fueled by economic considerations has given people more options than ever. We are curating culture according not to some mythical “national” sense of things but rather in accord with our individual preferences. This is happening now simply because we can. The…
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If Stricter Gun Control Works, What Happened to Baltimore?
The violence in Baltimore has been so rampant that a fourth facility was built with $43.6 million in taxpayer money to hold the dead before autopsies could be performed.
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How Cryptomining Could Change Internet Economics
By having users volunteer the CPU power to mining, websites could find that they will earn more from mining than from subscriptions or ads. This could change everything.
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E-Verify Not Worth the Price to Americans
Instead of focusing on top-down measures to tackle the issue of immigration, policymakers should consider decentralized approaches that streamline the legal immigration process, thus making it more attractive to prospective immigrants.
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So Much for Tax Cuts and Deregulation
And this isn’t only about the price of beer (you won’t say “dilly dilly” to $2 Bud Lights). It is about cars, computers, homes, offices, fixtures, and countless other items you use every day. The costs could very easily take away all the benefits accrued from income and corporate tax cuts. It also makes a…
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Trump The Redistributor
Corporations and many households rightfully celebrated when the Trump administration led the way in cutting their taxes. Now, the administration is in effect clawing at least a little of that tax cut back in the name of increasing the profitability of two ailing American industries.
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March Starts Off With Strong Economic Data
The latest economic data show initial claims for unemployment insurance fell again while personal income posted a solid gain and manufacturing-sector activity remained strong. The overall message is that the U.S. economy appears to be growing at a very solid pace in the first quarter.
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This Toilet Plunger Reveals the Secret of Civilization
There are many wonderful things in the world, but right now I want to talk about a product of the human mind that is a material celebration of the potential for creativity to overcome and rise above the state of nature. To put it briefly and simply, I’ve found a toilet plunger that embodies the…
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“Decentralized” and “Good” Are Not Synonyms
The crypto community often forgets that there are costs to decentralization in addition to benefits.
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Labor Markets Work When They Are Free
Yes, I’m suggesting a series of dramatic changes to the way employment works. No more payroll tax. No more withholding. No more health-care mandates. No more mandates of any kind. And no more policing of either hiring or firing by the state. In other words, free the market. Economic exchange is about equal power between…
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•
Economics Gave Unified Culture a Mercy Killing
The fall of the Oscars is only one sign of a larger trend. Technology fueled by economic considerations has given people more options than ever. We are curating culture according not to some mythical “national” sense of things but rather in accord with our individual preferences. This is happening now simply because we can. The…
-
•
If Stricter Gun Control Works, What Happened to Baltimore?
The violence in Baltimore has been so rampant that a fourth facility was built with $43.6 million in taxpayer money to hold the dead before autopsies could be performed.
-
•
How Cryptomining Could Change Internet Economics
By having users volunteer the CPU power to mining, websites could find that they will earn more from mining than from subscriptions or ads. This could change everything.
-
•
E-Verify Not Worth the Price to Americans
Instead of focusing on top-down measures to tackle the issue of immigration, policymakers should consider decentralized approaches that streamline the legal immigration process, thus making it more attractive to prospective immigrants.
-
•
So Much for Tax Cuts and Deregulation
And this isn’t only about the price of beer (you won’t say “dilly dilly” to $2 Bud Lights). It is about cars, computers, homes, offices, fixtures, and countless other items you use every day. The costs could very easily take away all the benefits accrued from income and corporate tax cuts. It also makes a…
-
•
Trump The Redistributor
Corporations and many households rightfully celebrated when the Trump administration led the way in cutting their taxes. Now, the administration is in effect clawing at least a little of that tax cut back in the name of increasing the profitability of two ailing American industries.
-
•
March Starts Off With Strong Economic Data
The latest economic data show initial claims for unemployment insurance fell again while personal income posted a solid gain and manufacturing-sector activity remained strong. The overall message is that the U.S. economy appears to be growing at a very solid pace in the first quarter.
-
•
This Toilet Plunger Reveals the Secret of Civilization
There are many wonderful things in the world, but right now I want to talk about a product of the human mind that is a material celebration of the potential for creativity to overcome and rise above the state of nature. To put it briefly and simply, I’ve found a toilet plunger that embodies the…
-
•
“Decentralized” and “Good” Are Not Synonyms
The crypto community often forgets that there are costs to decentralization in addition to benefits.
-
•
Labor Markets Work When They Are Free
Yes, I’m suggesting a series of dramatic changes to the way employment works. No more payroll tax. No more withholding. No more health-care mandates. No more mandates of any kind. And no more policing of either hiring or firing by the state. In other words, free the market. Economic exchange is about equal power between…