Daily Economy

Tuesday, December 11, 2018
Conventional wisdom says that inequality in the United States is spiraling out of control. But what do the data actually say?
Monday, December 10, 2018
Neoliberalism is one of academia's trendiest boogiemen. Do historians have the wrong origin story?
Monday, December 10, 2018
More effective than any government program would have been, the introduction of the internet, increased access to birth control, and the increased awareness that came from a popular TV show obviously helped generations of teens to make better decisions about their own lives.​​​​​​​
Monday, December 10, 2018
Markets guided by prices daily lead each of us to share happily and abundantly with each other despite the reality that we are, to each other, mostly strangers. Familiarity, affection, and brotherly love are virtuous feelings but these feelings do not contribute as reliably to our material well...
Sunday, December 9, 2018
Since neither politician, activist, nor voter are held responsible for our actions when a policy goes wrong, blame (or praise for that matter) is also highly distributed. This distribution of blame then diminishes the responsibility of those who might plausibly be held most culpable for the bad...
Saturday, December 8, 2018
As Forbes explained, trying its hand at music might just be the safest way of getting people to connect on the social platform once again. After all, following the contentious 2016 presidential election season, Americans seem to be more divided ideologically than ever before. But when it comes to...
Saturday, December 8, 2018
U.S. nonfarm payrolls added 155,000 jobs in November. Despite the weak performance, the labor market remains tight.
Friday, December 7, 2018
Inconsistencies are visible when politicians claim that war is the best way to peace, and when they admit that prohibition of alcohol failed in the 1930s even as they insist that the prohibition of drugs today will somehow work.
Friday, December 7, 2018
The financial part of the Marshall plan was not the decisive factor in the West European recovery. What mattered was economic liberalization, relative monetary and fiscal stability, and the promotion of economic integration.
Thursday, December 6, 2018
The ISM’s nonmanufacturing index rose to 60.7 in November. The increase follows the manufacturing report that also posted a gain in November. The two reports suggest slightly faster expansion for the economy last month.
Thursday, December 6, 2018
Regulatory uncertainty is one of the major risks facing the blockchain industry as it matures. Ohio’s courting of the industry throughout 2018 may have value beyond a handful of overblown headlines.
Thursday, December 6, 2018
In a new NBER working paper, Cory Cutsail and Farley Grubb offer a novel data set on North Carolina’s paper-money regime (1712-1774).
Wednesday, December 5, 2018
Indiana needs to rely on the actual facts and figures to prove “success” in combating the opioid epidemic instead of reporting “feelings” and half of the overall picture.
Wednesday, December 5, 2018
The Sentinelese people are a remnant reflecting what human life and social experience was like for all of mankind for thousands of years: small bands of interrelated families living the most bare and primitive existence.
Wednesday, December 5, 2018
F.A. Hayek’s proposed market for private monies resembles the market for cryptocurrencies that has emerged over the last decade.
Tuesday, December 4, 2018
It’s one of the most puzzling claims of the pro-regulation ideology: food makers and sellers have a weak incentive to make sure their food is safe for consumption. The briefest look at the dynamics of this food panic reveals the opposite.
Tuesday, December 4, 2018
Nowhere has our public discourse failed us more egregiously than on the environment and climate change.
Tuesday, December 4, 2018
President Trump violated long-standing norms with his swipes at the Fed. But the notion that his predecessors kept their noses out of the Fed’s business is largely a myth.
Monday, December 3, 2018
 The ISM PMI rose in November with broad-based gains among the components. The results suggest continued expansion for the manufacturing sector.
Monday, December 3, 2018
For two weeks in France, and now Belgium and the Netherlands, a European Spring has been building. What we see in Paris today might be the end of social democracy as we know it, and what comes in its place is what the battle of ideas today is really about.

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