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Robert Hughes

Existing Home Sales Fell in December and Supply Remains Extremely Tight

“Existing-home sales fell sharply in December, but supply remains very tight. Shifting housing preferences and rising mortgage rates are likely to continue to impact demand over the coming months and quarters.” ~ Robert Hughes

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Gary Galles

Liberties Are Only Kept Safe by the Limitation of Government Power

“Richard Henry Lee’s generation had learned of the need to keep government within narrow limits, as there are very few areas in which it can advance our general welfare, as opposed to some Americans’ welfare at other Americans’ expense.” ~ Gary M. Galles

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David Waugh

Can DAOs Revive Civil Society?

“New technology could help to revive America’s flagging civil society. DAOs significantly lower the costs of association, empowering individuals to create solutions to social problems free from governmental burdens.” ~ David Waugh & Robert E. Wright

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Robert Hughes

Weekly Initial Claims for Unemployment Benefits Rise for a Third Consecutive Week

“Weekly initial claims for unemployment benefits rose to a three-month high, possibly impacted by the recent surge in new Covid cases. Regardless, the labor market remains very tight.” ~ Robert Hughes

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Colin McNickle

A Deeper Dive into PIT’s Latest Passenger Numbers

“Billions of federal dollars have kept airports open and planes in the air with practically no airport layoffs when traffic was greatly depressed, producing enormous increased operations costs not borne by ticket prices.” ~ Colin McNickle

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Peter C. Earle

2021 In 21 Numbers

“In retrospect, 2021 looks more and more like 1979. Here are 21 noteworthy data points–prices, percentages, dates and other forms of quantitative information–that highlight or exemplify certain developments in 2021, the second year of the pandemic.” ~ Peter C. Earle

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