“At the end of the day, argues Jakab, most retail investors were left holding the bag. Aside from the identifiable shorts like Gabe Plotkin or Andrew Left, most other Wall Street actors made a lot of money from the episode.” ~ Joakim Book
“Strength of emotion cannot by itself justify moral outrage. We have a duty not to offend others without good reason, but we also have a duty not to be offended by others without good reason.” ~ Theodore Dalrymple
“Weekly initial claims ticked down for a second week. Overall, claims remain at a very low level and the labor market remains very tight. However, the Russian invasion of Ukraine dramatically increases uncertainty.” ~ Robert Hughes
“The fact that so many workers in the industry have been unwilling to voluntarily ‘buy’ the union agenda for themselves is not a reason for giving unions more power, but is reason to question their claims that they will improve workers’ lives.” ~ Gary M. Galles
“Due respect for the virus doesn’t require treating your family, friends, and neighbors as the dire threats that media, public health officials, and the fearful are making them seem to be, either now or in the future.” ~ Jon Sanders
“The White Lotus, a new HBO series, throws bright sunlight on the dark mores of America’s elite. In the show, a debased, solitary, fake masculinity is transformed into one rooted in friendship forged by shared undertaking.” ~ Natalie Taylor
“Light-vehicle sales slowed in February as component shortages continue to restrain production. Assemblies, inventory, and prices continued to show signs of stabilization through January, albeit at extreme levels.” ~ Robert Hughes
“Perhaps the fact that life insurance actuaries are highly qualified independent analysts of mortality and regulated primarily at the state, not the national, level has made America’s PHOs reticent to encourage actuarial analysis.” ~ Robert E. Wright
“Manufacturing-sector demand remained strong in February. Production increased despite ongoing labor and logistical issues but constraints on faster production growth continue. Recent events in Ukraine may be yet another source of disruption and further delay the return to normalcy.” ~ Robert Hughes
“If you love jobs you can’t hate the individuals whose ideas and capital commitments make work possible. If the PPP money had to go somewhere, it was best that it went to those who paid the taxes in the first place.” ~ John Tamny
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