Daily Economy

Monday, January 21, 2019
When governments try to take responsibility away from consumers, they do more harm than good by teaching them they are vulnerable victims who should rely on regulators to tell them what’s safe and what’s not.
Monday, January 21, 2019
Chairman Powell's track record suggests that he has a grasp on fundamentals and that he is dedicated to reversing a decade of monetary imbalance.
Saturday, January 19, 2019
Edward P. Stringham on BBC's "Talking Business" — Jan. 18, 2019  
Friday, January 18, 2019
Manufacturing output surged 1.1 percent for the latest month, pushing the 12-month gain to 3.2 percent and continuing a mild accelerating trend in place since 2016.
Friday, January 18, 2019
Carbon taxes may sound like an efficiency improvement in the abstract, but their political implementation is a mess.
Friday, January 18, 2019
With perfect hindsight, we construct narratives about how technology changes the world. The internet flattened the world. Cars replaced horses. But what we miss, the often-catastrophic messiness during those transitions, is so much more interesting.
Thursday, January 17, 2019
Carbon-based fuels have powered modern economic growth - growth which is, by far, history’s greatest benefactor of humanity.
Thursday, January 17, 2019
AIER’s Business Cycle Conditions Leading Indicators index fell 21 points to 58 in December. The Roughly Coincident Indicators index held at 100 while the Lagging Indicators index gained 16 points to reach 83 (see chart). The sharp decline in the Leading Indicators index is a cautionary sign but...
Thursday, January 17, 2019
Bitcoin and other cryptocurrencies have a bad reputation. But they can be used to avoid high inflation and the effects of pernicious capital controls.
Thursday, January 17, 2019
Often firms that receive these targeted incentives are subject to little or no accountability, and they rarely create the number of jobs or the hourly wage rates they promise.
Wednesday, January 16, 2019
The government shutdown should serve as a reminder of the dangers of all government regulation, especially when the regulators block the freedom to trade, promise to make exceptions, and then fail to perform at all.
Tuesday, January 15, 2019
The libertarian movement, in all its diversity, spends a lot more time arguing for less government than it does advocating better, smaller, more-voluntary private institutions of governance.
Tuesday, January 15, 2019
This is a slipshod attempt to taint and tarnish the reputation of one of the leading economists of the 20th century, and one of the most consistent and outspoken defenders of the classical liberal ideal of political, social and economic liberty and the free society.  
Tuesday, January 15, 2019
That one set of payments providers gets access to the core payments system while another is shut out seems quite arbitrary.
Monday, January 14, 2019
When government regulates and legislates, it is not causing some imagined form of social uplift for the masses toiling under the terrible demands of freedom. It is instead making more criminals out of people who just want to live a better life.
Monday, January 14, 2019
The credulous manner in which cavalier economic predictions are made and the misuse of statistical methods makes me wonder at the level of care used in the other statistics cited in the global warming debate.
Monday, January 14, 2019
The American economy will continue to improve only if markets are left sufficiently free to overwhelm the innumerable obstructions, diktats, and other burdens that governments, at all levels, inflict on us as we attempt to peacefully pursue our commercial and household affairs.
Monday, January 14, 2019
We can’t predict exactly what solutions will emerge from financial liberalization. The results will likely differ from country to country or region to region, depending on unique cultural and socio-economic factors.
Sunday, January 13, 2019
List posited a conflict between the interests of commercial society and the interests of the nation as a whole.
Sunday, January 13, 2019
While many of the news outlets reporting on these findings urge young people to get a plan in place so they can pay off their debt, the reality is that government’s push to give everyone a college education is what has greatly contributed to young people’s debt load. And what’s worse, degrees are...

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