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They Can Afford It!
“Even companies with unusually high net worth cannot, in fact, afford to pay workers more than those workers contribute to the companies’ bottom lines.” ~Donald J. Boudreaux
Take National Security Off Auto-Pilot
“We have squandered our own scarce resources, bred animosity overseas, and frequently made existing conditions worse.” ~Andrew Byers
Taxpayer Rights Revival in California
“With inflation shrinking the purchasing power of their dollar and faced with higher tax bills because of ‘bracket creep,’ taxpayers are starting to push back against wasteful government spending again.” ~Thomas Savidge
A Marxist Economist Explains Why Socialism Could Never Create a PS5
“A clip going viral on social media reveals that this marvelous invention could only be produced in a capitalist system.” ~Jon Miltimore
Sanders’s 4-Day Week Will Kill Flexible Jobs
“Many Americans juggle multiple or part-time jobs to make ends meet. This policy would add another layer of complexity and constraint in a market that requires more flexibility, not less.” ~Vance Ginn
Weaving Stable Neighborhoods
“It’s simply unconscionable that so many of us continue to invest our charitable time and treasure into projects that undermine social cohesion rather than building it.” ~Rachel Ferguson
Economists’ Advocacy for a Carbon Tax Is Misguided
“The reality is that bureaucrats and politicians would likely choose a metric aligned with their self-interest or with the interests of those who currently hold power.” ~Kenneth W. Costello
Inflation Declined in March, But Remains High
“Market participants continue to expect the Fed will cut its federal funds rate target this year — just not anytime soon.” ~ William J. Luther
US Economic Growth Plunges in First Quarter 2024
“Much of the post-COVID economic growth has been built atop the unsustainable pillars of fiscal and monetary stimuli.” ~Peter C. Earle
Is Argentine Disinflation Sustainable?
“Milei’s lack of political support in Congress adds to the uncertainty surrounding his ability to successfully pass deregulatory reforms… it is premature to declare victory on the fiscal and inflationary fronts in Argentina.” ~Nicolás Cachanosky
The Wasteful Cruelty of “Stakeholder Capital”
“When institutional investors vote to destroy the wealth of Chevron, they vote to destroy the dreams of single mothers in Wisconsin, pensioners in California, and small business owners in Nebraska.” ~Jeremy Kidd
Take the Government Out of GDP
“Tax revenues are harvested from private citizens by means of coercion and extractive measures… Paying taxes to remain free of incarceration or not face withering financial penalties is hardly indicative of cooperative exchange. ” ~Tom Savidge and Peter C. Earle
The New Zimbabwean ZiG: Sixth Time a Charm?
“Even the most faithfully implemented commodity-backed money standard is fundamentally predicated on the integrity and competence of its overseers.” ~Peter C. Earle
Bitcoin Mining and Icelandic Bananas
“Stranded energy and unused electricity are magnets for bitcoin miners, as they take electricity that can’t readily be used for other purposes and turn it into one of the world’s most liquid and globally transferable assets.” ~Joakim Book
Parity in Labor Transparency
“If workers are going to grant a labor union the extensive powers over them that federal law has authorized, workers should be able to know whether the ‘coworkers’ advocating the union are paid representatives of Big Labor. ” ~Michael Watson
Will Caitlin Clark Be Grossly Underpaid?
“There simply isn’t enough demand for seats at, merchandise related to, and streaming of women’s sports to support WNBA players at NBA salaries.” ~Art Carden
Why Even Insiders Underestimate Markets’ Power
“There tend to be more and better substitution possibilities known to both buyers and sellers than we recognize from the outside of those exchange relationships.” ~Gary M. Galles
A Better Model Won’t Fix The Fed
“The whole point of expectations-responsive monetary policy is to remove the discretionary and technocratic elements from central banking. Disappointingly but unsurprisingly, the Fed is doing the opposite: doubling down on discretion and technocracy.” ~Alexander W. Salter
