Daily Economy Articles

Thursday, March 28, 2019
Social media companies like Facebook obviously want to comply with the law, but they would also like to stay in business. That business depends fundamentally on targeting based on some demographic grounds. If a consistent application of non-discrimination law means that advertising has to become...
Thursday, March 28, 2019
Can governments run large fiscal deficits financed with new money without generating significant inflation? The experience of Argentina calls this view into doubt.
Wednesday, March 27, 2019
Inverted yield curves may or may not predict recession. Will the Fed again cut rates to zero, piling new economic misallocations atop those which remain distorted by the previous decade of zero interest rates?
Wednesday, March 27, 2019
The very existence of wealth creation should fill us with awe, respect, and endless curiosity, as well as inspire within us a desire to celebrate and protect the institutions that make markets thrive.
Wednesday, March 27, 2019
The market economy is vastly superior to anything the government does because it gives customers the freedom to choose.
Wednesday, March 27, 2019
What does the Austrian theory of the trade cycle have to do with Gordon Ramsay? Plenty.
Tuesday, March 26, 2019
Consumer confidence fell in March but remains at a level consistent with economic expansion. Housing activity continues to weaken with no evidence to suggest significant gains in the near future.
Tuesday, March 26, 2019
We need some protection from the evil eye that modern politics is working daily to unleash.
Tuesday, March 26, 2019
Facebook and Google’s ability to watch their customers has made many uncomfortable, but after 2018 both know that their customers are watching back.
Tuesday, March 26, 2019
Successful banks move resources from lower-value to higher-value uses while unsuccessful banks move resources from higher-value to lower-value uses.
Monday, March 25, 2019
The Fed could be much better than it is. But it could also be much worse. Adding Stephen Moore to the Board of Governors would be a step in the wrong direction.
Monday, March 25, 2019
The Chicago Fed’s National Activity Index posted its third negative result in a row, but the index remains above levels historically associated with either recession or significant price increases.
Monday, March 25, 2019
Advocates of new government programs often promise that their programs are budget neutral — meaning that adoption of these programs will not increase net government spending. It's never true. 
Monday, March 25, 2019
A free press and an open intellectual environment is one that should not only challenge the words and deeds of governments in the name of liberty, but should unearth, investigate, and inform the professional and lay public about the realities and truths of the world in which we all live, in both...
Sunday, March 24, 2019
Behind every great innovation, there is an innovator or maybe many.
Sunday, March 24, 2019
What we are seeing in our time are the results of a mandate that all personal problems must and should be channeled to political solutions demanded by a collective activist army, with the goal of constructing an apparatus of coercion and compulsion that knows no limits to its power.
Friday, March 22, 2019
For progressive policymakers, it's often a Catch-22 between more complex rules and more draconian ones.
Friday, March 22, 2019
France was once a role model for what big government can do for its people, the very model of socialism sought by the American left. Now the place is in shambles.
Thursday, March 21, 2019
Financial privacy and autonomy are important. But cash and cryptocurrencies are not the only means to those ends.
Thursday, March 21, 2019
The Philadelphia Fed’s manufacturing survey was generally favorable in March with respondents were more upbeat about current conditions but somewhat less optimistic about the future. 
Thursday, March 21, 2019
We must find ways to unrig the system where it has been rigged by special interest interaction with politics, to decentralize decisions so that accountability is more vivid and accessible, and to avoid empowering politicians and their appointees to pick winners and monopolize markets.
Thursday, March 21, 2019
If you think Sweden is socialist, then you know something that just ain’t so.
Wednesday, March 20, 2019
What it means that the Fed has decided to stop rate hikes. 
Wednesday, March 20, 2019
The real “America First” approach would be to just do the most American thing of all: to implement an agenda on individual liberty, personal responsibility, and a (very) limited government.
Wednesday, March 20, 2019
Edward C. Harwood (1900-1980) is one of the 20th century’s most eloquent and effective voices for economic science, sound money, and market freedom. This is the story of his life and work.
Tuesday, March 19, 2019
Perennial illness is the default state of mankind. Markets have put human beings at the center of a dense web of affordable, effective choices to meet our needs and desires: those relating to our health are no exception.
Tuesday, March 19, 2019
Surely they don’t know what kind of impoverished and human suffering this would cause – or perhaps they will welcome it as a much-needed liberation from our dependency on things and meat.
Tuesday, March 19, 2019
When we gloss over the complexity of the real world, we end up losing far more understanding than we often realize, and end up with strangely skewed perspectives on what happened and what to do about it.
Tuesday, March 19, 2019
Diversity, inclusion, participatory democracy, pluralism, and peace dictated and determined by ideological tyrants and power-lusting interest groups using political means to achieve their ends through governmental force and collectivist intimidation undermines and then destroys the alternative and...
Tuesday, March 19, 2019
If the U.S. doesn’t want these immigrants, I am sure that other countries like Canada and Australia will. That’s how competition works.
Monday, March 18, 2019
Much of what the state does truly is predatory.
Monday, March 18, 2019
The creation of money doesn’t create wealth, unless money itself is wealth — as it was when it was gold and silver. The sooner we learn this lesson, the sooner we’ll be able to revive real, robust, and sustainable wealth creation.
Monday, March 18, 2019
It is not hard to find commentary on the internet indicating that Bitcoin is bound to fail. But there is no reason to think that cryptocurrencies will disappear.
Sunday, March 17, 2019
The eco-fascist screed from the New Zealand murder comes across as crude and low-level, the wild ramblers of a trash-talking 20-something raised on 4chan, 8chan, and the most hateful parts of the Internet. It was not always so. Men with the same views, much more sophisticated in expression but just...
Sunday, March 17, 2019
At some point, the last dollar invested in honest profits is going to return less than the first dollar to be spent on cronyism. After that, the firm becomes dependent on the state.
Saturday, March 16, 2019
Edward Stringham on Fox News comments on the growth rates of the American economy and the factors that go into causing it. 
Saturday, March 16, 2019
As with all innovations, we went from deprived to entitled in a relatively short period of time. The age of not knowing became the age of knowing in a few short years, all thanks to astonishing innovations in service of making the world a better (but never perfect) place.
Friday, March 15, 2019
Consumer sentiment improved in early March, maintaining a generally high level by historical comparison. The tight labor market remains one of the key supports for consumer sentiment.
Friday, March 15, 2019
The ideology of hate that spilled so much blood in New Zealand is best avenged through a new dedication to a social philosophy of love, cooperation, and freedom for all.
Friday, March 15, 2019
By finding a way to make the life of consumers easier, Kohl’s managed to stay relevant while boosting its sales in the meantime. In this case, the firm learned that if you can’t beat them, you might as well join them. And by working on something new, something that has drawn in younger customers to...

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