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What’s Called “Common Good Capitalism” Would Work Against the Common Good
“Because innovation is destined not only to reveal new ends that must be fitted into — and, hence, disrupt — the ‘common good capitalist’ plan, but also to create new and unanticipated means of pursuing ends, innovation must be suppressed if any ‘common good capitalist’ plan is to be seriously imposed.” ~ Donald J. Boudreaux
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Back to the Future: The Biden Administration’s Loan Level Price Adjustment and a Repeat of the Housing Crisis
“The LLPA would be immediately damaging to all Americans who have done the right thing, established solid credit and saved for an adequate down payment. It would be eventually damaging to those who are given unsustainable mortgages.” ~ H. Shelton Weeks & Nikolai G. Wenzel
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Does the 1619 Project Have Anything To Teach Us? Phil Magness at the Soho Forum Debate (Video)
“Magness and Holton recently debated the resolution: ‘The New York Times book The 1619 Project, and the Hulu video series based on it, are important contributions to our understanding of slavery and the role of African Americans in American history.'” ~ AIER
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The Political Cleverness of Envy-Driven Housing Policies
“This is a recipe for housing stagnation. Strangling the supply of new market rate housing through these various programs means that existing market rents (whenever they are not regulated), must reach stratospheric levels.” ~ Raymond C. Niles
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Biden’s Bad Bet: How Regulation Kills Economic Growth
“We need to do two things to clean up this mess: unshackle the economy and shackle the administrative state. Bureaucrats and their political enablers can’t be trusted to curb their ambitions, so we must do it for them.” ~ Alexander William Salter
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Apple’s Advantage as a Corporate-Backed Bank Alternative
“A more diversified ecosystem for financing has the potential to encourage and incentivize a dynamic and innovative economic system, which is why Apple’s gearing up for what seems to be neobank status is certainly worth paying attention to.” ~ Kimberlee Josephson
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When Flying Is Freedom
“The freedom private pilots enjoy, pointing their aircraft in any direction the birds fly, is a testament to the potential for other markets to also operate in a similar manner, without overbearing regulatory apparatuses.” ~ Craig J. Richardson
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Job Gentrification: Three Questions as a Way of Teaching About Minimum Wages
“If you force much higher wages — and a ‘living wage’ of $15/hour for an entry-level job in fast food is much higher — then you will ‘gentrify” jobs.’ ~ Michael C. Munger
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A Tragedy in Waiting
“Taking away someone’s means of self-defense, making her vulnerable to criminal attacks, is a violation of that person’s rights. Waiting periods for gun purchases do precisely that.” ~ Jason Sorens
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Stagflation Lite: 1st Quarter US GDP Growth Weakens to 1.1 Percent Amid a Renewed Inflationary Surge
“The current US economic environment could be categorized as stagflation lite, demonstrating as it does relatively resilient employment amid increasingly entrenched inflation and weakening growth.” ~ Peter C. Earle
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