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Fading Covid Boosts Consumer Confidence in October
“Consumer attitudes recovered slightly as new Covid cases decline, supporting a more positive economic outlook. However, the psychology of rising inflation expectations remains a threat.” – Robert Hughes
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Crowding Out Under Quantitative Easing
“The data speaks loudly. An accommodative monetary policy has failed to facilitate a robust economic recovery. And an artificially low federal funds rate is pumping up the federal debt and weighing on private investment.” ~ James L. Caton
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Core Capital-Goods Orders Suggest Business Investment Remains Robust
“New orders for core capital goods rose again, hitting another new high. Continued strength for business investment is a positive sign for the economic outlook.” – Robert Hughes
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We at 100: The Case for Liberty
“Yet Zamyatin leaves readers with hope, as valuable now as it was in 1921. As I-330 says, there is no final number, so ‘how can there be a final revolution? There is no final one. The number of revolutions is infinite.’ Even when liberty seems most at risk, it is never truly lost.” ~ Caroline Breashears
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Why Bother?
“Apparently, when it comes to maintaining peaceful relations with all, as Adam Smith, Alexander Hamilton, and scads of other political economists have advised, Uncle Sam has only one thing to say: Why bother?” ~ Robert E. Wright
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