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New Single-Family Home Sales Decline in April
“New-home sales fell in April and supply conditions eased slightly. Historically low inventory, rising prices, and somewhat higher mortgage rates appear to be weighing on activity.” – Robert Hughes
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‘Big Tech’ Risks Going Down a Path of Decline Paved by ‘Big Rail’
“Here’s hoping a desire for near-term comfort from competition, criticism, and the markets doesn’t do to Big Tech what was done to Big Rail. Time will tell. But for now, it seems Big Tech is intent on traveling a path toward average that was first paved by the 19th century’s most innovative minds.” ~ John Tamny
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Some Problems with the ‘Repatriating Critical Supply Chains’ Argument
“Even if political pressures were miraculously to disappear, government officials would remain ignorant of most of the detailed bits of knowledge about how resources are, and potentially can be, used. And so any errors these officials make in distinguishing ‘critical’ from not-critical goods and services will result in resources being used more wastefully than otherwise.” ~ Donald J. Boudreaux
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Papers, Please! Oregon Now Requires ‘Proof of Vaccination’
“With the corrupt policies being pursued by the authorities in statewide office, it shouldn’t come as a surprise that not everyone in the state is thrilled with the policies being pushed by Salem. On Tuesday, 5 Oregon counties voted in favor of leaving the state and becoming part of Idaho.” ~ Jordan Schachtel
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Supply-Side Neoliberalism Sure Beats the Alternative
“The near-phobic disdain for supply-side economics and neoliberalism this century is part of a new wave of anti-capitalist sentiment. We have seen this movie before. It is a horror film. The true friends of rationality, liberty, and prosperity should wake up, stand proudly, and contend boldly.” ~ Richard M. Salsman
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