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movie theater
Art Carden

Do We Really Need More Movie Sequels? If the Market Says So, Then Yes We Do

“Studios make sequels because they expect them to be profitable. This is a good thing, though, because they are working to make Mickey and Minnie Moviegoer better off as Mickey and Minnie choose to define it according to their own preferences, values, goals, and opportunities.” ~ Art Carden

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Robert Hughes

Initial Claims for Unemployment Benefits Shrank Again but Remain High

New unemployment claims slowed again but remain high. Other labor market data as well as broader activity measures look more positive but surging new COVID-19 cases could derail growth.

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Robert Hughes

Retail Spending Returned to Trend in June

Retail sales posted another big gain in June, further recovering from the policy-induced economic coma but rising new COVID-19 cases are a risk to future growth.

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congress cracked
James Bovard

Sham Bailout Statistics Shroud Shutdown Tyranny

“There is no reason to assume that Trump’s policies are better than his PPP data. Since the onset of the pandemic, both political parties and officials at all levels of government have often performed dismally. The biggest mistake Americans could make would be to permit politicians to absolve themselves now by giving away more of other people’s money.’ ~ James Bovard

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gold standard
Alexander W. Salter

That Civilized Relic: A Monetary System as Good as Gold

“The gold standard isn’t perfect. No system is. But it has many virtues. A strong case can be made that it’s the best of all feasible institutional alternatives. As my dissertation adviser, Lawrence White, puts it: The gold standard is still the gold standard among monetary systems.” ~

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Jeffrey Tucker

The New York Times Revives Its Grim Past

“The news reporting and editorial policies of the New York Times today remind me of 1932 and the way in which journalism is being used to push out dogma over truth, selective facts over full and balanced coverage, ideology over tolerance, propaganda over diversity of opinion, and an aggressive political agenda over humane and careful journalism. It seems out of control at this point.” ~ Jeffrey Tucker

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