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Existing-Home Sales Fall as Prices Continue to Rise
“Existing-home sales fell in May as rising prices and changing preferences work to cool the recent pace of activity.” – Robert Hughes
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China’s Abuse of the Language of Liberty
“China’s appropriation of the vocabulary of liberal democracy shows its latest attempt to defend its authoritarian practices as well as its concession that ideas such as human rights are universally popular. They will always play the victim of Western bias, but at the end of the day, you either believe in individual rights, or you don’t.” ~ Ethan Yang
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The Bubble That Never Was: Finance’s Definition Problem
“That is not to say that the Teslas and the GameStops and the Bitcoins of today aren’t bubbles; they may be, due for corrections of bubble-like implosions rivaling those of our financial past. The point is, we won’t know until after – long after.” ~ Joakim Book
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It’s Appropriate to Demand That Intellectuals Put Their Money Where Their Mouths Are
“Whenever I encounter intellectuals who declare that their econometric research or armchair theorizing reveals that workers are underpaid or that consumers are overcharged, I feel fully justified by responding with: ‘Prove it! Put your money where your mouth is.'” ~ Donald J. Boudreaux
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