Pertinent Category: Daily Economy

Let People Reimagine Housing to Make It More Affordable

– January 2, 2024

“People might be willing to live without their own kitchens and bathrooms if it means a cheaper place to sleep. Regulation’s underlying philosophy is that I know better than you how you should live and what tradeoffs you should make.” ~Art Carden

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ChatGPT is a Calculator; Deal with It

– January 1, 2024

“For many routine tasks—and, honestly, most writing is routine, not creative—it is faster and actually better to have the AI create the text, at least for the first draft.” ~Michael Munger

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Economic Revolution in Argentina: A Wake-Up Call for America’s Fiscal Future

– January 1, 2024

“We can’t be too proud to take a tip from Argentina. The perilous outcomes of unchecked government spending can manifest anywhere.” ~Vance Ginn

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Inflation: It’s Not the Supply Side

– December 31, 2023

” Some combination of fiscal and monetary policy remains the best explanation for the once-in-a-generation inflation rates that peaked in summer 2022, as well as their gradual decline.” ~Alexander W. Salter

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On Monetary Premia

– December 31, 2023

“One day we might look back at our cottage industry of diversified funds, tax-favored retirement accounts, capital gains taxes, clever accountants, hedge fund managers, Fed watchers, and army of central bank economists as positively medieval.” ~Joakim Book

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Still Failing to Learn the Lessons of Antipoverty Programs

– December 30, 2023

“Our failure to recognize just how seriously the adverse effects of our efforts to ‘help’ people hurt them has come back to haunt America with a vengeance.” ~Gary M. Galles

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The Economic Organization of a Military Training Scenario

– December 30, 2023

“Nobody ever planned MRE cheese spread as the preferred medium of exchange between military service members. Cheese spontaneously emerged, again and again, in a process of competition between goods.” ~Emile Phaneuf III

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A Short ESG Guide: Economic Problems

– December 29, 2023

“The current approach to mitigating climate change guarantees inefficiency and waste. No one knows which technologies and which companies will be most effective.” ~Paul Mueller

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The Search for Justice in the Case of the Milwaukee Bucks v. the Indiana Pacers

– December 29, 2023

“The ongoing fracas exposes the difficulties of agreeing on what justice is. The case of Bucks v. Pacers is becoming a tale of the dangers of ill-defined property rights.” ~Scott Drylie

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Can New Chef Milei Change Argentina’s Recipe?

– December 28, 2023

“The speech resonates because it directly addresses the reality of destroyed hopes and dreams that his supporters live with, and his solution is clear, consistent, and economically sound.” ~George Lynch

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On Exceptions to the Rule of a Policy of Free Trade

– December 28, 2023

“Justification of a policy of free trade does not rest on the claim that free trade in each and every case yields ‘optimal’ results, or a stream of results as excellent as those that would be achieved by protectionist policies.” ~Donald J. Boudreaux

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The Golden Constant

– December 27, 2023

“The fear fueling this increase in the demand for gold is that the “unsinkable” ship of state has been so compromised by debt that it now risks slipping under the waves.” ~Clifford F. Thies

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