“As social scientists we remain alert for and open to cogent, economically-sound and well-reasoned hypotheses pertaining to the current state of the economy. Presently, though, our expectation of a US recession on or before August 2024 remains undeterred.” ~Peter C. Earle
“While he does seem to have intuited that socialism increased the dangers of authoritarian government, he doesn’t seem to have fully grasped that what he sought were two goals in fundamental tension.” ~James A. Hanley
“It is said that an armed society is a polite society. Smith, by analogy, suggests that an international cosmos of armed nations will be a polite international cosmos.” ~Daniel B. Klein
“Balancing budgets without reassessing what municipal governments should or should not do, and the long-term benefits and costs of their activities is insufficient.” ~Jason Sorens & Robertas Bakula
“Patent restrictions, a deliberate oligopoly, protectionist tariffs, and the highest inflation in four decades have resulted in an extremely expensive product at the end of a frangible production process and supply chain.” ~Peter C. Earle
“Although Fed officials were late to tighten monetary policy, their efforts over the last year appear to have worked. The risk today is that monetary policy is too tight—and will remain so for too long.” ~William J. Luther
“If Americans want to expand and guarantee protections for free speech, they can gain inspiration from the contributions of Republican Alfred Landon and Socialist Norman Thomas.” ~David Beito
“The contempt with which some native-born Americans today hold the people whom they fear would immigrate to the US under a more liberal regime differs not one iota from the contempt with which these same Americans’ immigrant ancestors were held by earlier generations.” ~Donald J. Boudreaux
“The whole reason why it is an advantage for a developing country to tie to a major country is that historically speaking the internal policies of developing countries have been very bad. US policy has been bad, but their policies have been far worse.” ~Nicolás Cachanosky
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