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The Good, the Wise, and the Just
“To recognize that it is to your own advantage to trust, and to be trustworthy in turn, is the key to living together in a market economy.” ~ Michael Munger
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“Green” Europe Looks to Coal Again
“Europe is suddenly stocking up on all three fossil fuels, and paying exorbitant prices to do so. In turn, so-called ‘greenhouse gas emissions’ (GHGs) will jump. And none of it was necessary, except that Miss Thunberg’s fan base made it so.” ~ Michael Fumento
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Weekly Initial Claims for Unemployment Benefits Ease Back After Three Consecutive increases
“Weekly initial claims for unemployment benefits eased back after three consecutive increases. Federal continuing claims fell again following a plunge in the prior week as two pandemic programs saw additional declines.” – Robert Hughes
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Is Inflation Above the Fed’s Target?
“A credible Fed would anchor expectations to its target growth path. Unfortunately, the Fed has not been credible in the past. That leaves us with a much more difficult question today: what should the Fed do when it hasn’t done what it should have done?” ~ William J. Luther
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Continued Expansion for the Services-Sector in September
“The services sector expanded for the 16th consecutive month in September, but shortages of labor and materials are continuing to restrain output and sustain upward pressure on prices.” – Robert Hughes
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