Daily Economy Articles

Friday, September 6, 2019
U.S. private payrolls added just 96,000 jobs in August, raising concerns about the strength of the labor market and durability of the economic expansion. Erratic and unpredictable policy remain the biggest risks.
Friday, September 6, 2019
Why believe that the state can pick the right immigrants but not the right industries to subsidize?  
Friday, September 6, 2019
Before a financial meltdown, there is no way to tell with certainty that such a financial meltdown is imminent, even though a lot of pundits and cranks try.
Thursday, September 5, 2019
The ISM’s nonmanufacturing index rebounded in August, countering the weak results from the manufacturing report. However, erratic and unpredictable policies are keeping risks elevated.
Thursday, September 5, 2019
Bitcoin maximalists who think the first application of blockchain technology will always be the best do not have history on their side.
Thursday, September 5, 2019
No one knows for sure when or how this will end. But in the meantime, trade warriors in the White House can at least adapt the words of Marie-Antoinette: let them eat lobsters. 
Thursday, September 5, 2019
There is nothing magical about a 2% inflation target. Recognizing that is a much-needed first step toward better Fed policy.
Wednesday, September 4, 2019
Earlier this year, some of us wondered how we could make the voice of the American Institute for Economic Research become part of people’s lives in their homes as well. I’m thrilled to announce that this is a reality right now!
Wednesday, September 4, 2019
Phillipson’s comment is a reminder that some conservatives can unsheathe the victim card as ably as their reliably outraged opponents on the left.
Wednesday, September 4, 2019
In fact, inequality studies have been a mainstay of the discipline since at least 1948.
Tuesday, September 3, 2019
The ISM Manufacturing Purchasing Managers Index fell below neutral for the first time in three years and highlights the growing negative impact of poor trade policy on business confidence.
Tuesday, September 3, 2019
We must have the confidence that freedom is both good in itself and need not be compromised in the face of asserted collectivist dangers abroad or the challenges to liberty here at home.
Tuesday, September 3, 2019
Because in our modern economy every one of us purchases from others nearly everything we use, our economy is a vast complex of middlemen.
Tuesday, September 3, 2019
In the long run, the deleterious effect of negative interest rates turns economic theory on its head.
Monday, September 2, 2019
The movie Peterloo offers all of us a chance to learn from history. It reveals the poison of protectionism and how its hidden violence can lead to results that are far worse than anyone anticipates.
Monday, September 2, 2019
It is precisely those who (plausibly) preach prudence in manipulating the natural world who are most cavalier about smashing and rebuilding social institutions.
Monday, September 2, 2019
In the advertising-driven market of Internet news, the incentives of mainstream media to say what is true are misaligned. 
Sunday, September 1, 2019
The film Luce is beautiful, haunting, and profound precisely because it doesn’t take the easy path. It doesn't disguise the underlying truth that our endless search for saints to canonize and witches to burn is nothing but a cover for our failure to deal with the much less dramatic troubles in our...
Sunday, September 1, 2019
I can think of just one reason why a central bank might want to get into the business of issuing digital currency: to provide privacy. Regulations prevent that. 
Saturday, August 31, 2019
Most of the tragedies – such as the Franklin expedition – were publicly funded. 
Saturday, August 31, 2019
Price gouging laws are effectively knowledge embargoes that keep people positioned to help from getting the message.
Friday, August 30, 2019
A payroll tax cut will not stimulate the economy. A better path is to stop the trade war and lift all the tariffs.
Friday, August 30, 2019
Union leaders may rejoice that the public increasingly approves of what they do, but poll data do not support that conclusion. 
Friday, August 30, 2019
Whether the renegade claim is true depends on how you choose to define the word "government.”
Thursday, August 29, 2019
Social media once held great promise as a means of facilitating scholarly exchange. Unfortunately, academics themselves are becoming some of its worst actors.
Thursday, August 29, 2019
The strangers at Uber cared for my loved ones by making it easier for me to get to and from the studio safely — and markets made it possible for them to do it without explicitly intending to do so.
Thursday, August 29, 2019
I was honored to be interviewed by Matt Kibbe of Free the People for his podcast and video series, based on my new book The Market Loves You: Why You Should Love It Back (AIER, 2019). 
Thursday, August 29, 2019
Instead of reproaching politicians, sensationalizing the news, or projecting imminent environmental disaster, let’s consider the more intriguing idea: maybe Brazil should clear more of its rainforest rather than less.
Wednesday, August 28, 2019
They also noticed a boost in productivity when full freedom was in effect, whereas giving limited flexibility to semi-autonomous employees didn’t make a big difference.
Wednesday, August 28, 2019
Reserve Banks brought monetarism and rational expectations into the monetary policy discussion, and, more recently, they have fostered dissenting views on the Fed’s role as a lender of last resort and the effectiveness of quantitative easing.
Wednesday, August 28, 2019
Contrary to what maximalists believe, Bitcoin’s fixed supply is its major drawback to becoming the world’s preferred money, especially so if it is not accompanied by fractional-reserve Bitcoin banks.
Tuesday, August 27, 2019
Despite a massive health crisis, a tremendously sickened population, and being surrounded by the catastrophic results of bad government policy, there is almost no movement at all to free the market, fix the food, and get healthy again. 
Tuesday, August 27, 2019
 “Ordered” — as in, I’m commander in chief, and do as you are told by me, or there will be consequences. 
Monday, August 26, 2019
Durable-goods orders rose for a second consecutive month, but the trend is essentially flat over the past year. Erratic, politically motivated policy remains the biggest risk to the economy.
Monday, August 26, 2019
A plan like Sanders’ Green New Deal will not successfully achieve the goals it lays out, and is likely to cause significant damage to the economy.
Monday, August 26, 2019
While the goal is an honorable one, considering that added layers of safety would help to prevent deaths, the unintended consequences of flooding the car industry with a greater number of regulations aren’t being addressed.
Monday, August 26, 2019
If the economy falters, supply side policies will be blamed. That would be unfortunate. Supply side hasn’t been tried yet.
Monday, August 26, 2019
The Obamas may have intended to make a film about workplace culture clashes, but American Factory is at its core damning snapshot of American labor entitlement in an age of increasing globalization.
Monday, August 26, 2019
The tree cover of the planet is increasing, thanks mostly to increased efficiencies in food production. 

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