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February 25, 2021
Michael Fumento

How to Beat the Permanent Covidocracy

“Despite the declines in alleged infections and deaths, vaccine rollouts, and continued progress in finding possible treatments for Covid-19, the pandemic panic remains at high pitch. Until there’s some restoration of reason, we’re shooting BBs at a bull elephant. As Charles MacKay observed in his 1852 classic Extraordinary Popular Delusions and the Madness of Crowds, people ‘go mad in herds, while they only recover their senses slowly, one by one.'” ~ Michael Fumento

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Robert Hughes

Core Capital-Goods Orders Hit Another Record High in January

“Manufacturers’ new orders for durable goods rose in January, with core capital goods hitting another record high. The strong showing is a positive sign for the overall outlook.” – Robert Hughes

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Robert Hughes

Initial Claims Fall to the Lowest Level Since November

“Initial claims fell to the lowest level since November, but overall, data suggest the labor market remains fragile.” – Robert Hughes

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James Gwartney

Yes, This Time We’ll Have Inflation, and Here’s Why

“The political forces supportive of anti-growth policies such as trade restrictions, higher minimum wages, perverse energy regulations, and cronyism appear to be on the rise, and they will dampen future growth. But inflation is going to be the big story of the post-pandemic economy. Get ready for an inflationary ride.” ~ James D. Gwartney

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Vincent Geloso

Daycare Costs are Driven by Over-Regulation

“Adding the direct and indirect effects of government policies on daycare costs forces one to accept that the crisis is created by government interventions. If one really cares about making it easier for households to have both parents working thanks to accessible childcare, one should really look at policies that increase the supply before considering ways to subsidize demand.” ~ Vincent Geloso

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Ethan Yang

Unfreezing the Economy After Lockdowns

“In order to emerge with an economy that can produce prosperity for all and not just those who benefited from lockdowns, we need to embrace the ideas of sound economics, innovation-friendly rules, and individual agency. It was the principles of a free society that brought the wonders of modernity into existence, and it’s the same principles that will lead us back.” ~ Ethan Yang

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