Rationalizing The Chinese Communist Party

“China’s leaders take deliberate steps to accomplish what is in their best interest within the constraints of their Leninist system. These objectives ultimately boil down to navigating a balance of control and freedom to maximize power.” ~ Ethan Yang

– October 28, 2021

FNB’s Shameful Public Purse Raid

“That big bankers and their government toadies continue to play the public for suckers is abhorrent. That’s especially true as, on one hand, they tout all the ‘public benefits’ of their projects as their other hand turns out taxpayer pockets.” ~ Colin McNickle

– October 28, 2021

Avoid the Reductio When Arguing Over the Minimum Wage

“While the reductio is an unsound economic argument against the minimum wage, there remain many sound arguments against this officious intervention. Not the least of these is that a minimum wage will reduce employment options for workers.” ~ Donald J. Boudreaux

– October 28, 2021

Fading Covid Boosts Consumer Confidence in October

“Consumer attitudes recovered slightly as new Covid cases decline, supporting a more positive economic outlook. However, the psychology of rising inflation expectations remains a threat.” – Robert Hughes

– October 27, 2021

Crowding Out Under Quantitative Easing

“The data speaks loudly. An accommodative monetary policy has failed to facilitate a robust economic recovery. And an artificially low federal funds rate is pumping up the federal debt and weighing on private investment.” ~ James L. Caton

– October 27, 2021

Core Capital-Goods Orders Suggest Business Investment Remains Robust

“New orders for core capital goods rose again, hitting another new high. Continued strength for business investment is a positive sign for the economic outlook.” – Robert Hughes

– October 27, 2021

We at 100: The Case for Liberty

“Yet Zamyatin leaves readers with hope, as valuable now as it was in 1921. As I-330 says, there is no final number, so ‘how can there be a final revolution? There is no final one. The number of revolutions is infinite.’ Even when liberty seems most at risk, it is never truly lost.” ~ Caroline Breashears

– October 27, 2021

Why Bother?

“Apparently, when it comes to maintaining peaceful relations with all, as Adam Smith, Alexander Hamilton, and scads of other political economists have advised, Uncle Sam has only one thing to say: Why bother?” ~ Robert E. Wright

– October 27, 2021

New Single-Family Home Sales Rose in September as Prices Continue to Surge

“New-home sales rose in September while inventory held steady. Rising prices will likely continue to force some buyers out of the market, leading to additional inventory build and slower price increases.” – Robert Hughes

– October 26, 2021

What Progressives Miss in the Bitcoin Energy Debate

“If progressives such as Elizabeth Warren extended their publicly held values of ‘fearless consumer advocacy’ to also apply to those outside the western world, they would see the value of Bitcoin.” ~ David Waugh

– October 26, 2021

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