Daily Economy Articles

Tuesday, July 30, 2019
Despite the Washington Post's claims of a transatlantic friendship, there's no evidence that Abraham Lincoln even knew - or cared - who Karl Marx was.
Tuesday, July 30, 2019
The presumption that wealth inequality necessarily leads to social upheaval is specious, unproven, and manipulative.
Monday, July 29, 2019
New data show the trade war initiated last year by the United States is costing the global economy dearly.
Monday, July 29, 2019
Yoram Hazony’s call for a conservative traditionalism supported by government through enforced public schooling and political propagandizing in the public square for developing “honorable” conduct among the citizenry is another variation on the collectivist and statist theme.
Monday, July 29, 2019
In 1975 a ten-cup drip coffee maker cost the ordinary American worker almost 8 hours of work time; today it costs that worker only 45 minutes.
Monday, July 29, 2019
The proper framing of the terms of the debate is a remarkable achievement that fundamentally upsets the current political narrative. That’s what this video achieves.
Sunday, July 28, 2019
The Coalition for a Prosperous America writes as if tariffs will miraculously cause the workers and resources necessary to perform all this new production to materialize out of thin air – a proposition that causes one to laugh as one does when reading The Onion.
Sunday, July 28, 2019
Until they were transformed by ideas and culture, minerals and oil were just so much dirt and goo.
Saturday, July 27, 2019
Modern banking is a wonderful technology. Understanding how regulation shapes it and contributes to the outcomes we observe is of great importance.
Friday, July 26, 2019
In grocery stores, schools, and democracies, our voices need to be raised and heard, even when the message goes against the grain. That is how free people prosper.
Friday, July 26, 2019
Apparently nobody, not even the Gray Lady, rigorously fact checks anymore. Or is it that only books reviewed in a few elite outlets count and none happen to critique finance from the non-left? Heck, I can almost hear the editors ask themselves: Only people on the left write the right kind of books...
Friday, July 26, 2019
In a world where it sometimes feels like free market advocates are tolerating more intervention in our economy than we would have ever predicted, Lavoie calls upon us never to forget the abiding importance of remaining true to one’s belief in the power and humanity of markets.
Friday, July 26, 2019
The pension funding deficit of OECD countries could be twice the size of global GDP within a decade.
Thursday, July 25, 2019
Home sales rebounded in June. However, little evidence supports an expectation of a significant, sustained acceleration in housing activity in the coming months and quarters.
Thursday, July 25, 2019
Cash's usage in payments has been steadily declining as a percentage of all payments, especially in the developed world. Given the list of cash's advantages, it's probably worth the effort of protecting this grungy and unsexy payments option. But what can we do?
Thursday, July 25, 2019
"The reason why Amazon is beloved by consumers is because it puts the internet to work by making shopping a more pleasant and convenient experience." ~ Chloe Anagnos
Thursday, July 25, 2019
Durable-goods orders rose in June, and core capital-goods orders are holding at a high level. Continued economic expansion remains the most likely path, but policy uncertainty remains a risk.
Wednesday, July 24, 2019
What decentralized finance really needs is something entirely new. Something that regular finance can't replicate. Something so useful that regular consumers will desert their bank to use it. This killer tool hasn’t been created.
Wednesday, July 24, 2019
It’s my habit, and maybe it should be yours, to celebrate every bit of freedom we gain back from the armies of authoritarians who wield the power of the state to improve our lives. It took one hundred years, but they finally got their mitts off this one market.
Tuesday, July 23, 2019
Despite falling mortgage rates, existing-home sales fell and home-price increases decelerated in May.
Tuesday, July 23, 2019
Mandatory busing as advocated by many Democratic candidates is less a bad answer than the only answer to a terribly framed question emblematic of today’s miserable political landscape.
Tuesday, July 23, 2019
The American nation is and should be a country of free individuals bound together by a belief in a society of liberty, not a collective mythology of tribes, races, or “classes” to which the individual is subservient and for which he may be sacrificed and subjugated.
Monday, July 22, 2019
It's one of the great ironies of intellectual/political history how the Left and Right blend into a single oppositional force to the free society.
Monday, July 22, 2019
As the granddaughter of a survivor of communism and socialism, I find it almost unfathomable that the political ideology my family left a continent for is creeping into my neighborhood.
Monday, July 22, 2019
A great divide is opening between older socialists like Sanders and 'The Squad'
Monday, July 22, 2019
A government could, undoubtedly, make beer. But the right beer with the right flavor profiles for a world of nearly infinite variety of tastes — not all of them consistent? For that, you need a market.
Monday, July 22, 2019
To trust the U.S. government to impose tariffs at home as it acts as an enforcer for private companies that choose to operate abroad is a recipe for cronyism costumed as ethical law enforcement.
Sunday, July 21, 2019
The invention of musical notation in the 11th century made the composition and performance of multi-part music more viable. The construction of large performance venues in cathedrals introduced new possibilities of complex harmonies due to the reverberating soundscape. This further gave rise to...
Saturday, July 20, 2019
Out of all the areas of economics, monetary policy and its impact on the macroeconomy might be the one that receives the most attention among non-economists.
Saturday, July 20, 2019
What right have any politicians to intervene in voluntary wage bargains?
Friday, July 19, 2019
My posterity, my son, does not feel blessed by the laws of New Jersey that prevent him from exercising his liberty by finding employment of mutual benefit to himself and his employer.
Friday, July 19, 2019
You’re not spreading prosperity when you choose the labor-intensive option just because it’s labor intensive. You’re actually wasting resources.
Thursday, July 18, 2019
In the early- and mid-20th century, systemic racism often meant that African American communities were excluded from government welfare programs. In the face of this injustice, we see numerous examples of communities stepping up to take care of each other when government officials turned the other...
Thursday, July 18, 2019
Should we study and learn from the past? Of course we should. Should we yearn for the past, seek to return there, and perhaps undo the progress of the last several centuries? Of course we shouldn’t.
Thursday, July 18, 2019
Simon Newcomb’s conclusions, after a century and a half more of failed government interferences of almost every imaginable form and type, stand as even more reasonable than when he penned them: those in government should simply leave people alone.
Thursday, July 18, 2019
In the meantime, government officials across the country should think long and hard before passing new regulations that would further add to the regulatory burden, making it even harder for young adults to become homeowners.
Wednesday, July 17, 2019
With more student forgiveness and "free college" policies in-store, presidential candidates are sure to make a government-created mess a catastrophe.
Wednesday, July 17, 2019
A new study of student attitudes about socialism and capitalism provides strong confirmation of the echo chamber effect taking hold in the humanities.
Wednesday, July 17, 2019
If the current path is maintained (and quite possibly even if it isn’t), the future belongs to truly “dependable and reliable” monetary media: cryptocurrencies and precious metals
Wednesday, July 17, 2019
Or in the musical context, the capitalist achievement consists not of softer seats at the opera for the king and queen but access to a practically infinite library for pennies a day.

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