How the West Won the Money Race
“Today the world still benefits from monetary and financial innovations begun in China, then picked up and carried like a baton in Renaissance Europe.” ~Paul McDonnold
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“Today the world still benefits from monetary and financial innovations begun in China, then picked up and carried like a baton in Renaissance Europe.” ~Paul McDonnold
“Taxing unrealized capital gains from property, stocks, and other assets is a bad idea. It undermines economic growth, stifles innovation, and infringes on personal liberty.” ~Vance Ginn
“The reason sorites logic is so difficult to diffuse is that there is no obvious line or threshold to be established somewhere between the incremental steps that begin with a budget surplus and end with a budget consumed by interest payments.” ~Jimmy Alfonso Licon
“Both property tax increases and rent control continue to be controversial, after decades, in that they both represent forms of grand theft against housing owners and rental housing providers.” ~Gary M. Galles
” Fed watchers expect the Federal Open Market Committee will keep rates steady when they meet on March 19-20. In light of the CPI data, that’s a defensible move.” ~Alexander W. Salter
“If the United States has been harmed by NAFTA, it is perhaps found in the misplaced attention it receives. Energy devoted to the trade deal’s alleged harm is attention deflected from actual policy missteps.” ~Colin Grabow
“Just about the worst way to ‘help’ renters is by punishing property owners for providing rental housing, which is just what rent caps do.” ~Jason Sorens
“What does it say of such highly respected places that some of their carefully selected students are bigots who want to replicate the ‘final solution’ of Nazi Germany? This is total, complete, moral bankruptcy.” ~Walter Block and Alan Futerman
“While tailwinds from normalizing supply chains are cooling goods prices, concerns linger about the sustainability of this trend. In particular, the February CPI readings strongly suggest that the January updraft was not anomalous.” ~Peter C. Earle
“That China’s downfall stems from its own collectivist policies is no small irony, but it should come as no surprise. It stems from the same flawed thinking that led to the fall of the last communist empire.” ~Jon Miltimore
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