Daily Economy

Thursday, February 21, 2019
We are treating students precisely the way we shouldn’t if we are trying to help them become resilient, functioning, and free people.
Thursday, February 21, 2019
Some politicians are calling for the return of postal banking. Should we heed their call?
Wednesday, February 20, 2019
The death of Lagerfeld does not mean the certain and forever death of elegance. His death might shock us all into a new sensibility that helps us all see what he saw: if we want the world to be beautiful, we have to make it so.
Wednesday, February 20, 2019
The data alone tell the story no one wants to hear. Continued economic growth does not so much allow as require the inclusion – indeed the expansion – of the number of undocumented immigrants on American employment rolls.
Tuesday, February 19, 2019
Truckers involved in the “slow roll” protest argue that the regulations in question decrease how much time they can drive per day. And as the nation faces a shortage of truck drivers, retailers are more pressed than ever to find efficient ways to get their goods delivered fast.
Tuesday, February 19, 2019
According to a recent New York Times piece, workers who supported and helped to push for the minimum wage increase in New York City are now being fired — and for unfair reasons, they claim. But how could anyone call these firings unfair when employers are being forced to raise everybody’s wage?
Tuesday, February 19, 2019
Is there an ethical case to remove the Karl Marx monument from London's Highgate Cemetery on account of its Bolshevik connections?
Tuesday, February 19, 2019
Soft skills are being priced out of the labor market by minimum wages. At $8 an hour, it might be worthwhile to hire someone to bus tables. At $11 an hour, Massachusetts’ minimum, it probably isn’t.
Monday, February 18, 2019
If the Green New Dealers have their way, the interventionist state will be taken to an entirely new and more destructive level as one great plan for global salvation is imposed on everyone, everywhere, with no avenues of escape in our age of electronic Big Brother surveillance and control.
Monday, February 18, 2019
I submit that Bastiat ranks, at the very least, among the greatest of all applied economic theorists. His work should be more widely known; it deserves much greater professional respect.
Monday, February 18, 2019
Americans don’t like public transit, and you can’t blame them. Inconvenience, ineffectiveness, and sluggishness are some of the main issues they often complain about when explaining why they aren’t taking the bus or riding the metro these days.
Sunday, February 17, 2019
Sorry, but it is historical fact that the German National Socialists was a nationalist party.
Saturday, February 16, 2019
Using an encrypted digital ledger – one that substitutes hashes for trust – eliminates vast numbers of layers and time. Time and trust equal counterparty risk. Automating this with blockchain drops the costs to a small fraction while increasing certainty.
Saturday, February 16, 2019
Financial intermediaries that might not stand a chance against blockchain technology were it allowed to develop in a vacuum instead might be strengthened by it.
Friday, February 15, 2019
We will never know for sure how much more quickly green-energy technologies might have developed if the New Deal had not squelched the sector by subsidizing its dirty alternative.
Friday, February 15, 2019
Industrial production fell 0.6 percent in January as vehicle assemblies fell 13.7 percent. The weak report continues a string of disappointing economic data and justifies a cautious outlook. However, economic expansion remains the most likely path.
Friday, February 15, 2019
There is never any good reason for government to subsidize a private company. Such handouts are appalling in their cronyism, in addition to being a sign of economic ignorance.
Friday, February 15, 2019
And as Uber Eats becomes one of the strongest players in the industry, despite its origin as a ride-sharing app, it’s become even clearer that when there’s a need, the market will find a way to make it possible. And it’s the customer who benefits as a result.
Thursday, February 14, 2019
Unfortunately, it didn't cross the privileged lawmaker's mind that, perhaps, this type of exchange is beneficial to those in line. After all, they accepted to stand in for a lobbyist in exchange for money whereas they could be outside in the cold otherwise, making no money or having to beg for...
Thursday, February 14, 2019
Retail sales fell sharply in December, the third decline in the last five months. Broadening weakness in the economy suggests caution is warranted.

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