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Retail Spending Surges in September

“Retail sales posted a strong gain in September, but persistent uncertainty regarding Covid-19 and government policies remains a significant risk to future growth.” – Robert Hughes

The Year of Disguises

“It boggles my mind when there is some notion that by wearing a face covering you are actually doing a ‘service’ to your neighbor and therefore everyone has to protect everyone by this. Actually, the opposite is true. You are now becoming an additional potential source of environmental contamination. You are now becoming a transmission risk; not only are you increasing your own risk but you are also increasing the risk to others.” ~ Roger W. Koops

The American Tradition of Ordered Liberty

“Regardless of what we think of these traditions and practices, we cannot comprehend the history and development of American institutions without reference to them. To understand money, we must understand the entire institutional chain: from money to banking and finance, to law and politics, to the ultimate sources of social authority. The story of money in America is itself a chapter in the story of ordered liberty in America.” ~ Alexander W. Salter

Initial Claims Rise to a Seven-Week High

“Initial claims for unemployment benefits hit a seven-week high, sustaining doubts about the durability of the recovery.” – Robert Hughes

Average Inflation Targeting Risks Further Politicizing the Fed

“Perhaps the Fed’s move to average inflation targeting won’t make much of a difference. But it nonetheless risks further politicizing the Fed. To the extent that it means the Fed will engage in even more credit allocation and Congress will take a more active role in guiding those credit allocation discussions, there is cause for concern.” ~ Nicolás Cachanosky

Matt Hancock is Wrong about Herd Immunity

“The Great Barrington Declaration proposes a solution for how we may proceed in the face of such uncertainty. It suggests that we exploit the feature of this virus that does not cause much harm to the large majority of the population to allow them to resume their normal lives, while shielding those who are vulnerable to severe disease and death.” ~ Dr. Sunetra Gupta

What Is Herd Immunity? (video)

The following video, recorded Oct 4, 2020, as part of a meeting of epidemiologists and journalists, features, seeks to explain the basics of viruses and their spread.

The Fake Signature Canard

“As the data show, the lockdowners’ troll campaign accounted for almost half of the fake submissions – the very definition of an attempt to manufacture a news story. While they likely thought they scored an internet victory of some sort by cynically deflecting attention away from the disastrous public health effects of their own botched pandemic response, all they achieved was putting their own increasingly desperate tactics on full public display.” ~ Phillip W. Magness

AIER’s Leading Indicators Index Surges in September as Recovery Broadens

“AIER’s Leading Indicators index rose sharply in September, jumping to 67, suggesting the recovery has broadened substantially and may signal the end of the recession.” – Robert Hughes

The Absurdity of Ad Hominem

“The fact that Nafeez Ahmed, Sam Hammond, and some others dismiss anti-lockdown arguments with ad hominem accusations is evidence as powerful as evidence gets that these people have no idea what an intellectually respectable argument is.” ~ Donald J. Boudreaux

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