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April 2020 Business Conditions Monthly
Despite the continued modestly positive reading for the Leading Indicator index, the U.S. economy likely contracted in March, ending the longest U.S. economic expansion on record.
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Why Aren’t Americans Suing Their Way Out of Lockdown?
Whatever the causes of this uncharacteristic bit of non-litigiousness, Americans should know that ample legal precedents suggest that most shelter in place orders are unlawful and unconstitutional.
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The Economy Is Not a Series of Supply Chains
The quest to use protectionism to make us more secure in our health and wealth would sever untold numbers of productive ties that we now have with the global web of economic interconnectedness. The end result would be an America far less secure in its wealth and health.
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Liberation From Lockdown Now
The only way to stimulate the economy is to liberate it. The people, all of us, need emancipation from the lockdown. And we need it now.
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