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Manufacturing Activity Increases in May
Easing of lockdown policies in May is aiding in the reversal of some of the economic carnage from March and April.
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Easing Restrictions Helps Boost Retail Sales in May
Retail sales posted a surge in May, coming out of the policy-induced economic coma but a full return to pre-pandemic conditions is likely months, and possibly quarters, away.
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An Open Letter to the Institute for New Economic Thinking
“Treating this as a mistake and correcting it is the right thing to do in response to an unfortunate lapse in judgement. Failure to do so in my opinion would amount to among the most egregious instances of such crass intimidation I have seen.” ~ Max Gulker
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What Spike? Hospitalization Data Show No Indication of a Second Wave
“Most states are either seeing declining or flat trends in hospitalizations, with a few notable exceptions such as North Carolina, Texas, and Arizona. But in those states the number of hospitalizations is still relatively low, a fraction of the totals that New York and New Jersey were seeing in April.” ~ Steve Miller
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Thomas Sowell at 90: Understanding Race Relations Around the World
“Now, at the age of 90, Thomas Sowell continues to offer us understanding and insight into the attitudes and institutions that can bring all people greater peace and prosperity, as well as human liberty.” ~ Richard Ebeling
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