Daily Economy

Tuesday, July 3, 2018
Friends of freedom, including many of those who strongly believed in and fought for representative and democratically elected government in the 18th and 19th centuries, often expressed fearful concerns that “democracy” could, itself, become a threat to the liberty of many of the very people that...
Tuesday, July 3, 2018
Blockchain technology is developing at a fast pace. Don't get left behind!
Tuesday, July 3, 2018
Thomas M. Hoenig warns that regulators are trying to run regulated businesses rather than police them.
Monday, July 2, 2018
Walmart critics should take a hard look and assess whether they are really for the well-being of the poor or just virtue-signaling the fashionable dislike of “obscene” profits.
Monday, July 2, 2018
These foreign-government interventions supply no good ethical excuse for “retaliation.” In fact, losing nothing to which they are entitled, home-country producers themselves act unethically when they demand that the home government inflict upon fellow citizens the same unjust depravations that...
Monday, July 2, 2018
The costs required to protect Bitcoin from an attack may be its long-term downfall.
Sunday, July 1, 2018
In the old days, people associated the Left with an ethos akin to the ACLU today: the right to speak, publish, and associate. The turn that took place with the New Left actually flipped whatever remaining attachment that the old left had with freedom.
Friday, June 29, 2018
The founders’ ambitious goal is to see hundreds of millions of people around the world use Olio to share food, rather than chuck it in the bin.
Friday, June 29, 2018
Trump’s trade war is heating up. What should central banks do to ensure their economies aren’t damaged too much?
Thursday, June 28, 2018
Should a person be forced to pay the equivalent of union dues that pushes a version of politics that he or she opposes? The Supreme Court has ruled: no. 
Thursday, June 28, 2018
Fintech solutions are here to stay, whether banks want them or not. They shouldn't forget that while banking is necessary, banks are not. 
Thursday, June 28, 2018
Facing competition from blockchain-based tokens, SWIFT has made significant upgrades we all benefit from.
Wednesday, June 27, 2018
After all these efforts, all these interventions and tax-back loans, nothing could prepare the company to deal with a loss of its foreign markets. This is why the company said this week that it would move some production overseas due to increased costs from the EU's retaliatory tariffs against the...
Wednesday, June 27, 2018
New orders for durable goods fell 0.6 percent in May. However, orders have been on a solid rising trend over the past two years and recent declines do not appear to suggest that the rising trend is in danger.
Wednesday, June 27, 2018
I’ve been fortunate enough to have a career that doesn’t limit me to an office. I work from wherever I have internet access, which means I try to travel as much as my bank account lets me. From Fresno to France, Canada to Costa Rica, and soon Indiana to Iceland, I’ve been able to experience...
Wednesday, June 27, 2018
The Fed must abandon its traditional policy lever — open-market operations — in favor of managing the interest it pays on reserves if it is to hit its FFR target while operating in a floor system.
Tuesday, June 26, 2018
Despite a slight dip in June, consumer confidence remains at historically favorable levels suggesting ongoing economic expansion in the short term. However, consumers’ expectations may be plateauing, possibly reflecting escalating trade tensions.
Tuesday, June 26, 2018
When you combine the evidentiary standards of the courtroom with the theoretical abstractions of the classroom, things get weird.
Tuesday, June 26, 2018
The complexity of credit markets creates difficulty for teaching monetary theory purely through reference to observed data. An appropriate framing should follow the evolution of money and credit.
Monday, June 25, 2018
The hoopla and hysteria about balance of trade deficits, and that somehow “others” are taking advantage of us because we buy more from them than they buy from us, in fact, is the result of an analytical myopia of failing to “follow the money” through all the different forms and channels that import...

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