“The fact that we produce more Z doesn’t imply that we thereby can afford to acquire and use more Z. This reality is inescapable whether ‘Z’ stands for potato chips or for microchips.” ~ Donald J. Boudreaux
“If the Green Earth Zone project is successful, Native Americans – of all people – will have saved a few scraps of freedom. That they’re willing to share that freedom with the rest of us speaks volumes about the integrity of the Catawba people.” ~ Max Borders
“We are in for a long and difficult period, which began with the pandemic that disrupted supply chains and set off inflation, and now the war in Ukraine has compounded that.” ~ Llewellyn King
“Job openings and quits remained near record levels in February. Labor difficulties, material shortages, and logistical issues as well as high inflation, a newly initiated Fed tightening cycle, and global political and economic turmoil from the Russian invasion of Ukraine are raising the risks for the U.S. economy.” ~ Robert Hughes
“Consumer expectations weakened again in March, but improved present views offset the decline, lifting overall consumer confidence. Elevated price pressures, Russian aggression in Ukraine, and a Fed tightening cycle increase risks for the economic outlook.” ~ Robert Hughes
“The problem in the South following emancipation wasn’t that blacks were unable to navigate a private property-based, market-oriented economy; but it was segregation, especially of the public schools, and Jim Crow laws in general.” ~ Clifford F. Thies
“Ironically, only in the United States and a few other relatively good places to live do people retain sufficient liberty to develop alternative governance systems capable of replacing existing ones, should that ever become necessary.” ~ Robert E. Wright
“There are companies that encourage students to upload their tests and answers to massive document banks. Those companies then sell those tests and assignments back to other students.” ~ Ashley Norris
“The Jones Act has produced something much more like extinction than preservation of critical capacities, making American ocean shipping capacity a seeming candidate for the Endangered Species Act.” ~ Gary M. Galles
“The American public understands inflation and policymakers have a reasonable degree of control over it. When choosing a policy rule, we need humility first and foremost. Let’s stop asking the Fed for more than it can deliver.” ~ Alexander William Salter
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