“Private payroll gains slowed sharply in November and renewed restrictions on consumers and businesses increase the probability of more weakness in coming months.” – Robert Hughes
“Lockdowns have generated enormous collateral damage on other health outcomes, such as plummeting childhood vaccination rates, worst cardiovascular disease outcomes, less cancer screening, and deteriorating mental health, just to name a few. Even if all lockdowns are lifted tomorrow, this is something that we will have to live with – and die with – for many years to come.” ~ Dr. Sunetra Gupta & Dr. Martin Kulldorf
“Intervention tends to beget intervention, which tends to beget still further intervention. In the long run, we are all worse off than we would have been had we just been able to avoid getting the government involved in the first place.” ~ Art Carden
“Future politicians may be tempted to deny potential immigrant groups entry under the guise of a ‘public health threat.’ Digital health passes could be extended to include: influenza, hepatitis, measles, tuberculosis, Zika, HIV and STDs. And all because, during our trip down Covid-hysteria highway, we threw waivers and personal responsibility out the window.” ~ Micha Gartz
“Today, now more than ever, it is men like Walter Williams who are sorely needed to protect the ideas of freedom and prosperity. His work and efforts have educated countless people from the latest generation of economic thinkers to the average citizen who are now better equipped to understand the world around them. Perhaps it was his intention that through his tireless efforts he will have inspired countless more to pick up where he left off. If that was the case, I think he would be pleased to know he has succeeded.” ~ Ethan Yang
“The services sector expanded again in November, but renewed lockdowns and restrictions remain a threat to future growth.” – Robert Hughes
“Initial claims for unemployment benefits fell in the latest week but renewed restrictions on businesses and consumers may start to push claims up again in coming weeks and months.” – Robert Hughes
“Although it’s possible to imagine bizarre scenarios in which a country’s rising trade deficits might be evidence of economic decline, none of these scenarios is realistic in the case of the United States. American trade deficits are evidence of American economic health, at least relative to many other countries, rather than of economic hardship.” ~ Donald J. Boudreaux
“Milton Friedman in South Africa is a fascinating product of one of Friedman’s ventures during a controversial time. It is worth reading for anyone interested in understanding Friedman specifically or what Andrei Shleifer called ‘The Age of Milton Friedman’ more generally.” ~ Art Carden
“The shares of ESG companies will get wicked expensive as more and more money piles into them. At that point, with the expectation of low returns on ESG and high ones on ‘wicked’ stocks, virtue investors and ESG fund managers will have to eat palpably lower returns or creatively reclassify ‘wicked’ companies to get higher performing stocks into their portfolios, i.e., destroy the meaningful differentiation between ESG and ‘wicked’ companies once again.” ~ Robert E. Wright
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