“This movement, whether it is called anti-lockdown or just plain liberalism, must reject the wickedness and compulsion of this current moment in American life. It needs to counter the brutalism of lockdowns. It needs to speak and act with humane understanding and high regard for social functioning under freedom, and the hope for the future that comes with it.” ~ Jeffrey Tucker
“For months we have hailed countries like Taiwan and South Korea for their model responses that kept the virus at bay while inflicting relatively minimal restrictions on society. Advocating for draconian lockdown measures while still praising these countries is not only blind to the evidence but also comes from a position of privilege and hypocrisy.” ~ Ethan Yang
“I will always support more transparency and more oversight, if only because doing so is part of my job and makes that job easier– one of which I’m proud. But intoning ‘more transparency’ is no silver bullet for shrinking the size of government and for getting rid of bad programs. The only ‘substantive’ result of such proclamations is that they provide Congress a rationale for holding ever-more pointless hearings.” ~ Veronique de Rugy
“Stephanie Kelton’s book is well-written and serves as an accessible insight into the world of Modern Monetary Theory. There are parts of the book that are essential pieces of economic knowledge that define the modern state, some that are questionable premises, and some that are blatant political talking points.” ~ Ethan Yang
“When it comes to the gold standard, the experts have spent too much time reading their textbooks and not enough time studying actual history. Empirical questions require empirical answers, and no amount of armchair theorizing can settle how gold stacks up to fiat money. On this, Dr. Shelton is right and the commentariat wrong.” ~ Alexander W. Salter
“Politicians and bureaucrats who claim a right to outlaw all risks ignore the risk of tyranny. Gayles and other MoCo politicians sneer at their critics as if they were unwashed deplorables incapable of understanding ‘science.’ But their school shutdown policy is simply Political Science 101, using deceit and demagoguery to seize more power.” ~ James Bovard
“There is an important lesson for the future. If one desires the downward trends in the human and economic costs observed over the course of the 20th century to continue, one must push for a greater deal of institutional flexibility. That flexibility is what makes the market’s process of discovery work and makes us more resilient to future shocks.” ~ Vincent Geloso
AIER’s Leading Indicators index increased to 8 in July. The result suggests a rapid recovery is unlikely and that full recovery is likely to be more drawn out, uneven, and uncertain.
Nine million private U.S. jobs have been recovered over the last three months, less than half the 21 million lost during government shutdowns; the outlook remains extremely uncertain.
“Unethical redistribution occurs to the extent that the taxes an individual pays are paid without his or her consent, for such ‘payment’ implies that the value of the benefits gotten from government by this taxpayer are less than the cost this taxpayer is forced to pay. Yet these complexities do nothing to justify the claim that provision by government of some goods and services creates among citizens indebtedness to the state.” ~ Donald J. Boudreaux
“It’s refreshing to read an account of early Bitcoin – not the programming, the cryptography, or the scandals, but the dreamy futurists and their financiers.” ~ Joakim Book
“A Chinese company innovated, met the needs of people around the world, and President Trump responded by threatening a ban of the company before brokering a potential forced sale of the company to an American company. The whole world is watching, Americans. We deserve neither TikTok nor the very Chinese people who, if we’re honest, are trying to be like Americans used to be.” ~ John Tamny