Daily Economy

Tuesday, February 5, 2019
Reports from the Institute for Supply Management suggest still-solid levels of current activity with elevated levels of uncertainty regarding the future.
Tuesday, February 5, 2019
Super Bowl commercials are one of the last bastions of truly mass media – where a 30-second spot can start a national conversation. The ads from Anheuser-Busch alleging that its competitors Coors Light and Miller Lite use corn syrup while it does not just might be a moment that gets people talking...
Tuesday, February 5, 2019
The urge to censor is the tribute that government pays to the power of ideas.
Tuesday, February 5, 2019
Government spending and borrowing has been and will continue to be seriously out of control, with dire longer-run consequences if not addressed, while addressing it would be far less of a fiscal disaster than it will be if the country is left to follow its current course.
Tuesday, February 5, 2019
People favor expansive government for different reasons and will want that government to do very different things, depending on their ultimate beliefs. Those beliefs will also typically lead them to support a government that is active in one area but not others.
Monday, February 4, 2019
Advertising, an extension of the freedom of speech, is ultimately about celebrating that of which Gladys Knight sang: “the land of the free.”
Monday, February 4, 2019
This ambiguity of the verb “to want” means that we must beware of political polls.
Sunday, February 3, 2019
Want to become a champion of liberty? Eschew historicism. Be suspicious of grand millenarian eschatologies. Learn to love the little things in life. Celebrate every individual’s right to choose how they live their lives. Smile when you think of every box of chocolate given and received this...
Saturday, February 2, 2019
It is like a living thing in your presence. It speaks with great profundity, the erudition achieved through wordless regularity.
Friday, February 1, 2019
The problem is not a single program or regulation. It’s the complete paradigm of a state that knows no limits to its power. That paradigm has gradually faded. Another will take its place. 
Friday, February 1, 2019
Our lives are on the brink of an enormous change, and something that has been a part of human life (and the foundation of society) for several thousand years is about to be changed utterly and drastically reduced.
Thursday, January 31, 2019
Sales of new single-family homes jumped 16.9 percent in November negating recent weakness, but is unlikely to be the start of a new sustained surge in housing activity.
Thursday, January 31, 2019
Given the high levels of uncertainty surrounding inequality measurement and ongoing improvements to each technique, common sense should caution us against adopting a sweeping tax code overhaul based on such an ambiguous and disputed statistical record.
Thursday, January 31, 2019
In a recent NBER working paper, Barry Eichengreen argues “there is no straight line from commodity money to fiat money and from there to crypto.”
Wednesday, January 30, 2019
If there’s one article or book you wish those on “the other side” could read with an open mind, what would it be?
Wednesday, January 30, 2019
Millennials, it seems, are killing yet another industry. Considering the new “victim” is the funeral home market, one can’t help but wonder if that’s not a positive change. Still, there’s a lot more to this sped-up “death” than meets the eye, especially if you look at how powerful the funeral lobby...
Wednesday, January 30, 2019
I am lucky to be alive. It would take me just a couple of hours to die from hypothermia if I were outside in such weather.
Wednesday, January 30, 2019
My ideal is for each government to immediately abolish all tariffs and other trade restrictions, regardless of what any other government does or doesn’t do. That is, I fully support a policy of unilateral free trade.
Tuesday, January 29, 2019
And so what do we do with this thing we call time? We make the best of it. We make it matter. How much? As much as we can comprehend. The mechanical clock, by dividing the thing we call the second into two parts, tick and tock, allows us to discern that our life is limited, that we cannot waste it...

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