Daily Economy
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Despite a Disappointing Headline, the December Jobs Report Points to Positive Momentum for the Economy
Payrolls in the United States rose by a disappointing 148,000 in December, however, most of the information in the report was positive and provides additional evidence for a continuing economic expansion.
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SEC Issues Warning and Cryptos Jump 10%
Had the state-backed systems of money and payments been working properly, and had been upgraded to work in the digital age, there would have been no need for crypto in the first place. This is the point that official organs will never admit.
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In Praise of Fewer Free Days at National Parks
This is a classic case of a common-pool resource problem. The decrease in free admission days means less traffic in the parks today, lowering the wear and tear on park facilities that future visitors will use. These visitors will have to cope with the damage from overuse by the current generation without the ability to…
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The Philosophical Underpinnings of the Trump-Bannon Split
What has gone completely missing here is a burning philosophical and ideological dispute between two wings of Trumpism. One seethes with right-wing Hegelian longings for an overthrow of the modern world and a resuscitation of tribalist nationalism (in short, fascism). The other is quasi-liberal at its best, seeking mostly to get government off our backs…
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A Swedish Fairytale in the New York Times
Unfortunately for both the New York Times and congressional welfare-statists, the article is a journalistic version of Swiss cheese: bland taste and full of holes.
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ISM Manufacturing New-Orders Index Hits Highest Level Since 2004
The ISM new-orders index came in at 69.4, up from 64.0 in November, and the 7th month in a row above 60. The strong performance suggests that growth in manufacturing output is likely to accelerate in coming months.
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President Trump’s First Year Included Setbacks for Liberty
President Trump has enacted some pro-market policies, but on the whole sets back the cause of liberty.
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Is the Cryptorouble a Viable Currency?
What would the cryptorouble bring to the table? It’s not hard to guess: some measure of control by the Russian government and central bank. We have no details yet on how the structure would work. But we can speculate. The best possible guess is that the cryptorouble would add a settlement layer to the official…
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Foreigners Show Airport Privatization Works
Citizens around the world value airports that minimize the many frustrations of traveling. The world has figured out that private and P3 airport ownership makes for more investment, more capacity, and a better flyer experience.
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Why Mainstream News No Longer Connects
Will we ever again trust the experts to run our lives, pick our leaders, tell us the news we need to know, plan our economy? It’s just not going to happen anytime soon.
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•
Despite a Disappointing Headline, the December Jobs Report Points to Positive Momentum for the Economy
Payrolls in the United States rose by a disappointing 148,000 in December, however, most of the information in the report was positive and provides additional evidence for a continuing economic expansion.
-
•
SEC Issues Warning and Cryptos Jump 10%
Had the state-backed systems of money and payments been working properly, and had been upgraded to work in the digital age, there would have been no need for crypto in the first place. This is the point that official organs will never admit.
-
•
In Praise of Fewer Free Days at National Parks
This is a classic case of a common-pool resource problem. The decrease in free admission days means less traffic in the parks today, lowering the wear and tear on park facilities that future visitors will use. These visitors will have to cope with the damage from overuse by the current generation without the ability to…
-
•
The Philosophical Underpinnings of the Trump-Bannon Split
What has gone completely missing here is a burning philosophical and ideological dispute between two wings of Trumpism. One seethes with right-wing Hegelian longings for an overthrow of the modern world and a resuscitation of tribalist nationalism (in short, fascism). The other is quasi-liberal at its best, seeking mostly to get government off our backs…
-
•
A Swedish Fairytale in the New York Times
Unfortunately for both the New York Times and congressional welfare-statists, the article is a journalistic version of Swiss cheese: bland taste and full of holes.
-
•
ISM Manufacturing New-Orders Index Hits Highest Level Since 2004
The ISM new-orders index came in at 69.4, up from 64.0 in November, and the 7th month in a row above 60. The strong performance suggests that growth in manufacturing output is likely to accelerate in coming months.
-
•
President Trump’s First Year Included Setbacks for Liberty
President Trump has enacted some pro-market policies, but on the whole sets back the cause of liberty.
-
•
Is the Cryptorouble a Viable Currency?
What would the cryptorouble bring to the table? It’s not hard to guess: some measure of control by the Russian government and central bank. We have no details yet on how the structure would work. But we can speculate. The best possible guess is that the cryptorouble would add a settlement layer to the official…
-
•
Foreigners Show Airport Privatization Works
Citizens around the world value airports that minimize the many frustrations of traveling. The world has figured out that private and P3 airport ownership makes for more investment, more capacity, and a better flyer experience.
-
•
Why Mainstream News No Longer Connects
Will we ever again trust the experts to run our lives, pick our leaders, tell us the news we need to know, plan our economy? It’s just not going to happen anytime soon.