Daily Economy News

The Strangest Thing about the Debate

– February 26, 2020

The trouble with the 7 people on the stage last night is that they have little or no regard for our personal plans. It’s their plans for us that matter. Our lives are mere abstractions to them.

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What It Means to Have a Teachable Spirit

– February 26, 2020

Unleashing fury upon those who express views with which you disagree will only jeopardize your credibility, and might just empower the ideas you’re seeking to discredit. Ideas that appear taboo or transgressive often spread when powerful forces seek to suppress them.

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West Side Story, Sixty Years On

– February 25, 2020

Now comes our own rumble called election year, and the weapons of choice keep escalating: fists, hoses, belts, chains, knives, guns, and where does it end? There is a lesson here for all of us, and it is fitting that the remake on Broadway makes this obvious parallel explicit.

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Consumer confidence

Consumer Confidence Holds Steady While Home Prices Move Higher

– February 25, 2020

Consumer confidence remained high in February, supported by a positive outlook for the economy and labor market. However, persistently rising home prices are weighing on housing activity.

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Harvard Finally Stands Up to Academic Duplicity

– February 25, 2020

A new profile of Berkeley economists Emmanuel Saez and Gabriel Zucman in the New York Times contained a fascinating revelation about the ongoing academic reception of their work. Late last year, Zucman was being courted for a faculty appointment by Har …

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Elkhart, Indiana, Thrives Despite Obama Administration’s Policies

– February 25, 2020

Former President Obama tweeted in honor of the anniversary of signing the American Recovery and Reinvestment Act of 2009. Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more …

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The Effect of the Coronavirus on Financial Markets

– February 25, 2020

We should take a sober, dispassionate look at forces acting upon the U.S. financial markets. Headlines indicating a “panic” are vastly overwrought.

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Free Trade in Ten Easy Points

– February 24, 2020

Several superb books, monographs, and papers are available to introduce non-economists to the positive economics of trade and to the normative case for a policy of unilateral free trade. And it’s a good thing. Today’s increasing eagerness of people acr …

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The Technocrats Will Not Save Us

– February 24, 2020

Besides the certainty, as they say, of death and taxes, one other highly likely event will be an end to the general “good times” of relatively low price inflation and low unemployment in America. In other words, the United States will eventually experi …

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How to Save California From Itself

– February 24, 2020

Many Western states allow citizens to initiate legislation but California is by far the most important and the ripest for reform.

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