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New York Fed Manufacturing Survey Plunges in March
New York Fed Survey shows a sharp drop in business conditions for local manufacturers, likely a result of COVID-19.
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The 1619 Project: An Epitaph
It took six months of heated debate to reach this point, but the New York Times’ 1619 Project has finally offered a small but crucial concession to its critics. On March 11, the paper published an “update” to indicate that it would be changing a disputed line of text in the lead essay by Nikole Hannah-Jones.
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The Parasites Exacerbating COVID-19
The so-far easy acceptance of the government’s medieval reaction to the spread of a not very lethal virus to a vanishingly small percentage of the population suggests that universities are not helping Americans to overcome the many behavioral biases they inherited from their cavemen ancestors.
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To Kill Markets Is the Worst Possible Plan
This whole ghastly episode could become another teaching moment in misguided and damaging government policies that markets, once again, successfully endured and survived.
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The Top Economic Takeaway of the Coronavirus Panic
Ultimately, our wealth consists chiefly in the ongoing willingness and ability of millions of strangers to work for us daily. Any obstacle to large numbers of people performing their daily jobs means hardship for us all.
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