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“Light-vehicle sales rose again in July but remain well below pre-pandemic ranges. Inventory shows signs of stabilization recently, but prices continued to rise.” ~ Robert HughesREAD MORE
“Another problem is that the misery indices, like definitions of recession and stagflation, focus on unemployment to the exclusion of real wages. But real wage declines are painful, and not fully captured by inflation alone.” ~ Robert E. WrightREAD MORE
“A good monetary rule does not only identify an appropriate course of action in advance. It also requires monetary policymakers to take that course and, in doing so, reduces the uncertainty businesses and consumers face.” ~ Nicolás CachanoskyREAD MORE
“It turns out the $75,000 wasn’t quite enough. As part of her settlement, she somehow managed to secure a bunch of Diversity, Equity, and Inclusion (DEI) sinecures for 20 university administrators.” ~ Phillip W. Magness & James R. HarriganREAD MORE
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