Daily Economy

Thursday, April 11, 2019
Markets offer a powerful tool for fighting government-sanctioned racial discrimination.
Wednesday, April 10, 2019
AIER’s Everyday Price Index jumped 1.1 percent in March, nearly double the 0.6 percent gain in the Consumer Price Index. The EPI measures price changes people see in everyday purchases such as groceries, restaurant meals, gasoline, and utilities. The EPI is not seasonally adjusted, so we compare it...
Wednesday, April 10, 2019
The food shortages have led to the end of anything normally called morality. Gangs of a thousand go hunting for food. They seize on a grocery store and light it on fire to provide light so that people can see in order to loot the place. Then it burns to the ground.
Wednesday, April 10, 2019
FDR set the standard for future progressives who wished to exercise broad powers to mold the world as they think best.
Wednesday, April 10, 2019
The theoretical perfection of markets is not a valid argument against government intervention, nor is it a valid reason for governments to intervene in service of that ideal.
Wednesday, April 10, 2019
Maybe it was just a fluke, but the willingness of the Post to countenance private ordering has given me renewed hope that there might still be some thinking statists left, people who can be persuaded to jettison faith in “compulsory monopoly” solutions to every perceived problem.
Tuesday, April 9, 2019
The conceptual breakdown of revolution/counterrevolution is vastly better than any modern typology that too often distracts from the key issue: the place of power in our lives.
Tuesday, April 9, 2019
Pretty much every economics textbook explains how money has four functions. It is first and foremost a medium of exchange, and it ultimately derives all of its other functions from its usefulness as a medium of exchange.
Tuesday, April 9, 2019
Compelling people to be “decent” through government taxing and spending in fact drains decency from human relationships.
Tuesday, April 9, 2019
If Schumpeter were alive today, he’d have two important lessons to teach us about the techlash and why we should be wary of misguided interventions into the Digital Economy.
Monday, April 8, 2019
The Trump administration has filed a lawsuit against Facebook with the claim that the company is guilty of redlining. At issue are the tools that allow advertisers to target ads. The problem is that this attack fundamentally threatens the economic model that makes social media work. 
Monday, April 8, 2019
Why do some conservatives believe that family leave plan is necessary in the first place?
Monday, April 8, 2019
This is not the free market at work. It is government intervention that steals the language of market competition to invalidate property rights and contracts.
Monday, April 8, 2019
Faced with the current resurgence of protectionist “thinking” prevalent in the United States, we free traders must fight back by more clearly, boldly, and frequently stating the truth about free trade.
Sunday, April 7, 2019
If we want to follow The real Golden Rule, and we should, we shouldn’t force people to make the exchanges they would otherwise refuse in absence of coercion.
Friday, April 5, 2019
Amid several months of mixed results in economic data, rebounding job creation in March helps tip the scales in favor of cautious optimism for continued economic expansion.
Friday, April 5, 2019
There is growing support for the idea that meddling with market interest rates is a bad idea. Interest rates coordinate intertemporal production plans, and any attempt to alter them will entail undesirable unintended consequences. 
Thursday, April 4, 2019
Why wouldn’t we want safe and stable banks? Like almost everything else in economics, benefits in one area comes with real costs in others.
Thursday, April 4, 2019
The bitter truth about most public policies being sold by the political class is that they give them more power to control our lives. If you favor some of these policies, be honest with the rest of us about what you mean, so that we can make more clear-headed judgments about the kind of society we...
Thursday, April 4, 2019
Government expenditures can be funded by increasing reserves at the Federal Reserve. But limits on the demand for reserves mean inflation will follow.

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