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Home Construction Falls Again in May
“Housing starts and permits fell in May. Surging mortgage rates, record home prices, and falling consumer attitudes are major headwinds for demand. The outlook for housing is deteriorating rapidly.” ~ Robert Hughes
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Chinese Antitrust Policy: Politics Over Economics
“Chinese antitrust authorities may cite blackletter statutes, like its Measures for Cybersecurity Laws, to appear objective in enforcement and adjudication, but the ultimate check on their power is the will of the CCP, not the rule of law.” ~ Ethan Yang & Dorothy Chan
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Four-Week Average of Weekly Initial Claims Hits the Highest Level Since March
“Weekly initial claims fell but the four-week average continues on a modest upward trend. The Russian invasion of Ukraine, periodic lockdowns in China, sustained elevated price increases, and an intensifying Fed tightening cycle remain risks to the outlook.” ~ Robert Hughes
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What Kind of Education do Lotteries Fund?
“If the public education system actually empowered students to earn, to save, and to succeed, the state-run lottery would long since have run out of customers. If a lottery ‘to fund education,’ continues to succeed, that is only because it has already, monumentally, failed.” ~ Laura Williams
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Conversations on Totalitarianism
“Hiruta’s subjects – Arendt and Berlin – are both highly pertinent to understanding how a generation of thinkers grappled with the unprecedented intellectual challenges presented by the rise of totalitarianism in the first half of the twentieth century.” ~ James Wallner
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