” Some combination of fiscal and monetary policy remains the best explanation for the once-in-a-generation inflation rates that peaked in summer 2022, as well as their gradual decline.” ~Alexander W. Salter
“One day we might look back at our cottage industry of diversified funds, tax-favored retirement accounts, capital gains taxes, clever accountants, hedge fund managers, Fed watchers, and army of central bank economists as positively medieval.” ~Joakim Book
“Our failure to recognize just how seriously the adverse effects of our efforts to ‘help’ people hurt them has come back to haunt America with a vengeance.” ~Gary M. Galles
“Nobody ever planned MRE cheese spread as the preferred medium of exchange between military service members. Cheese spontaneously emerged, again and again, in a process of competition between goods.” ~Emile Phaneuf III
“The current approach to mitigating climate change guarantees inefficiency and waste. No one knows which technologies and which companies will be most effective.” ~Paul Mueller
“The ongoing fracas exposes the difficulties of agreeing on what justice is. The case of Bucks v. Pacers is becoming a tale of the dangers of ill-defined property rights.” ~Scott Drylie
“The speech resonates because it directly addresses the reality of destroyed hopes and dreams that his supporters live with, and his solution is clear, consistent, and economically sound.” ~George Lynch
“Justification of a policy of free trade does not rest on the claim that free trade in each and every case yields ‘optimal’ results, or a stream of results as excellent as those that would be achieved by protectionist policies.” ~Donald J. Boudreaux
“The fear fueling this increase in the demand for gold is that the “unsinkable” ship of state has been so compromised by debt that it now risks slipping under the waves.” ~Clifford F. Thies
“The US EV market is a mess, one many analysts say will get worse before it gets better. And automakers like Ford who bet big on the future of EVs are likely looking at pain, at least in the short term.” ~Jon Miltimore
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