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“Majorities can be as intolerant and tyrannical as the worst absolute monarchs of the past, if not even more so. What has failed, in Hayek’s view, has not been the idea of democracy as such, but the particular form of democracy that developed over the last two hundred years, under which fewer and fewer corners of individual life are safe from what coalitions of special interest groups that form majorities on Election Day can impose on the rest of society.” ~ Richard M. EbelingREAD MORE
“As the United States nears the hopeful end of its public health crisis, the mounting evidence domestically and abroad seems to suggest that harsh lockdown policies were not only overkill, they were counterproductive. In light of this information, it is increasingly apparent that a strategy of focused protection which respects the voluntary functions of society while taking reasonable steps to accommodate vulnerable populations would have been the most optimal pandemic response.” ~ Ethan YangREAD MORE
“AIER’s Leading Indicators Index came in at 88 in April while the Roughly Coincident Indicators index remained at a perfect 100 reading for a second month. The distribution of vaccines and cessation of restrictive government lockdown policies remain the driving force behind the economic recovery. While risks associated with the spread of Covid-19 variants linger, the economic outlook is tilted to the upside. Other risks in the short term include shortages of materials, rising prices, and lingering logistical issues.” – Robert HughesREAD MORE
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