brain computer

What Economists Can Teach Epidemiologists

“Hysterical, wildly off-the-mark forecasts about COVID-19 will ultimately cause more harm than good, and find their origins in the same set of snags which regularly trip up econometric forecasts. In the epidemiological version, instead of predicting a new Great Depression, they brought an artificial depression, a growing spate of coercive masking initiatives, school closures, and the lockdowns — which quite possibly filled the powderkeg that was ignited by the killing of George Floyd.” ~ Peter C. Earle

Peter C. Earle Peter C. Earle – July 11, 2020
amazon delivery packages

Extend the Market, As Far as Possible

“Private enterprise and private governance pushed along by people seeking little more than their own advantages work remarkably well. If you want more evidence, look no further than the package on your doorstep.” ~ Art Carden

– July 11, 2020

Where Have All the Coins Gone?

“We should acknowledge the weaknesses of our current system and make improvements if possible. At a minimum, that means scrapping the penny. More fundamental reforms, like permitting competition in coinage, would be better still.” ~ William J. Luther

– July 11, 2020

When Will the Madness End?

“We’ve learned throughout this ordeal that despite our technology, our knowledge, our history of building prosperity and peace, we are no smarter than our ancestors and, by some measures, not as smart as our parents and grandparents. The experience with COVID has caused a mass reversion to the superstitions and panics that sporadically defined the human experience of ages past.” ~ Jeffrey A. Tucker

– July 10, 2020
capitol hill

Brace Yourself for Bipartisan Spending Insanity

“Sadly, we live in this world. And in this world, members of Congress and the administration don’t care about the size of government, any more than they care about most of our other freedoms.” ~ Veronique de Rugy

– July 10, 2020
elephant

One Size Never Fits All

“One-size-fits-all solutions in our political discourse are often made to work for every topic globally. Reality is not like that, as both economic and ecologic matters frequently assert.” ~ Joakim Book

– July 10, 2020
female farmer

A Green Minimum Wage

“Farmers who want to retain good, experienced farm hands should be free to pay a dollar a week, day, hour, or minute to those same people, as they mutually agree. And when the world not only does not end but improves due to the policy, let’s extend it to other types of employers as well.” ~ Robert E. Wright

– July 10, 2020

AIER’s Leading and Roughly Coincident Indicators Indexes Remain at 0 in June.

While signs of rebound in some measures of economic activity have started to emerge, reinstatement of lockdown restrictions could smother the nascent recovery.

– July 9, 2020

A Picture is Worse than a Thousand Words

“A picture is worth a thousand words, but a picture is not a good substitute for thoughtful analysis. Does the image actually support the conclusion? Or even worse, is the image misleading, steering you to an incorrect conclusion?” ~ Ramon DeGennaro

– July 9, 2020
red school house

Return of the One Room Schoolhouse?

“Let’s learn from history and use the failure of our political system to push education back to the local level. I know many college professors, myself included, would be thrilled just to have students whose natural love of learning hasn’t been beaten out of them by 13 years of mass public education.” ~ Robert E. Wright

– July 9, 2020

Total Unemployment and Weekly New Unemployment Insurance Claims Are Falling

Labor market signs point to a nearing end to the policy-induced recession of 2020 but surging new COVID-19 cases could crush the budding recovery.

– July 9, 2020
Entrepreneurship and the Human Experience

Entrepreneurship and the Human Experience

“Economics should not be viewed as a clean and sterile science that seeks to chart the world with equations. Rather it should seek to understand the oftentimes chaotic and messy nature of the market driven by the grit and wit of entrepreneurs.” ~ Ethan Yang

– July 9, 2020
Tik Tok, girl

Can They Really Get Away with Banning TikTok?

“It’s all about bringing the poison of politics to a realm of innovation that has thus far been mostly and mercifully free of it. Once we have to ask politicians’ permission to download a playful app, we are going further down the road that we’ve been on for the last several months: a new frontier of political control at the expense of individual choice.” ~ Jeffrey A. Tucker

– July 8, 2020

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