Daily Economy

Tuesday, October 9, 2018
The singer should become more educated as to how the number one perpetrator of racism in her state operates. And when that day comes then perhaps she will be using her star power to be part of the call for complete criminal justice reform — an even more meaningful political revolution.
Tuesday, October 9, 2018
By continuing its policy of paying interest on excess reserves, the Federal Reserve is courting a crisis.
Monday, October 8, 2018
Governments should treat each others’ economic policies as given, if only because almost all government interventions artificially help some producers and hurt others. Because every government is forever grasping for excuses to protect politically powerful domestic producers from foreign...
Monday, October 8, 2018
Remember when Republicans under the previous President fought for some semblance of fiscal responsibility and for a return to regular order in the budget-making process? That time is long gone.
Monday, October 8, 2018
Regulation means both Gemini and Paxos must comply with NYDFS anti-money-laundering (AML) rules as well as efforts to counter the financing of terrorists (CFT).
Sunday, October 7, 2018
The violent hatreds, tribalisms, acts of revenge, and never-ending escalation of the war between left and right (and between races, religions, sexes, and classes) are exactly what you would expect to get when you attempt to organize life according to the zero-sum game that is politics.
Saturday, October 6, 2018
Academic works such as Quinn Slobodian’s Globalists demonstrate that the anti-capitalists and anti-liberals are determined to make their case through factual fabrications and scandalous misinterpretations of what classical liberals such as Ludwig von Mises and Friedrich A. Hayek really said and...
Friday, October 5, 2018
The impact of Hurricane Florence was evident in the September employment report as nonfarm payrolls rose just 134,000. However, the preponderance of data suggests the labor market remains robust and that the economy is likely to grow at a healthy pace.
Friday, October 5, 2018
"I tried to think of anything in nature that could compare. I thought of huge animals on safaris, of glorious birds, or gigantic sea animals. I thought of huge mountains, great canyons, and terrifying bodies of water. Nothing compares. Then it dawned on me: humankind has created something truly...
Friday, October 5, 2018
We must recognize that a whole may exhibit properties that are not present in its parts. But problems come in when the method of study for the economy as a whole looks radically different from that used for its parts.
Thursday, October 4, 2018
The latest monthly reports from the Institute for Supply Management show that the economy continued to expand at a robust pace in September. Details in both reports were decisively positive and suggest strong, broad-based growth in the economy.
Thursday, October 4, 2018
If all mixed societies are inherently unstable then why are they historically so common and why do many keep going for hundreds of years in peace and rising prosperity?
Thursday, October 4, 2018
Economists and philosophers engage in a strange form of positive analysis.
Thursday, October 4, 2018
Net neutrality rules do nothing to make internet access more fair. More regulations only create the perfect environment to encourage monopoly, making access to the wide web even more restricted and expensive.
Wednesday, October 3, 2018
The result of a century of coerced forms of social organization is exactly what you see and what so many decry as the fracturing of consensus in society. What’s miraculous is that we have somehow survived regardless of the nonstop attacks on liberty, property, and free association.
Wednesday, October 3, 2018
Many people assume that to raise wages, big companies must be dragged along by government policy. Amazon’s eye-opening announcement yesterday suggests otherwise.
Wednesday, October 3, 2018
The way out of the dilemma and to resolve the problem that is posed by the existence of national currencies under state authority, is to use private money at a global scale. Gold once served this purpose and could again. Further, the new electronic monies, like Bitcoin for example, are not bound to...
Tuesday, October 2, 2018
Free traders can only hope that future agreements will be improved and made universal.
Tuesday, October 2, 2018
The essence of economics is far too complex to accredit to a politician.
Tuesday, October 2, 2018
Bad economics can bring about or grow out of bad politics. But the question is, what are bad economics and bad politics? Unless this is clearly and correctly identified, a bad situation can be made worse, and a good situation can be turned into a bad one. So sorting this out is crucial to having a...

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