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Robert Hughes

ISM Nonmanufacturing Index Posts Record Gain in June

The nonmanufacturing sector expanded in June amid easing restrictions but surging new cases of COVID-19 and potential policy responses remain significant risks.

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Richard M. Ebeling

Liberty Is the Theme of the American Spirit

“However you may have enjoyed and celebrated the 4th of July in these unusual times, be sure to keep in mind that what that day is really all about is the hope and reality of free human beings in a free world based on the moving and profoundly moral ideals expressed in the Declaration of Independence: that individual liberty is natural, moral, and necessary if people are to find personal happiness and fulfillment, along with prosperity.” ~ Richard M. Ebeling

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market, people
Donald J. Boudreaux

Strata of the Unseen

“When an economist reminds you to pay attention to what is unseen, he or she counsels you to humbly understand that a modern market economy is far too complex and inescapably reliant upon trial-and-error experimentation to enable the interventionist schemes that are forever being proposed to succeed.” ~ Donald J. Boudreaux

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Robert Hughes

June Unit-Auto Sales Post a 13-million Annualized Rate

Auto sales continued to rebound in June following a two-month plunge during lockdowns but remain well below the prior range.

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Jeffrey Tucker

What Good Comes from this Tragedy?

“I suspect that many intelligent people have lost faith in the news, re-discovered frugality, and found a new way to commit themselves to the defense of liberty and human rights. In the coming days, we are going to need stronger and smarter minds to fight the battles of the future. These terrible months might have been the preparation we need to make sure that truth and freedom eventually prevail.” ~ Jeffrey Tucker

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