Pertinent Category: Daily Economy

Wealth Precedes Health. Policy Should Reflect That. 

– January 30, 2024

“Government policies including excessive taxation and regulation, directly taking property, and weak patent and copyright protection can negatively affect wealth in rich and poor countries.” ~Richard Williams

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Time for the Fed to Ease Up

– January 29, 2024

“Even if Fed economists have underestimated the natural rate of interest by half, monetary policy looks slightly tight. It looks very tight if the natural-rate figures are anywhere close to correct.” ~Alexander W. Salter

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Inflation On Target in December

– January 26, 2024

“Monetary policy remains very tight. Interest rates are much higher than they were just prior to the pandemic. And the Fed is no longer accommodating expansionary fiscal policy.” ~William J. Luther

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The (Other) Cost of Inflation: Inflation Erodes More Than the Value of Money, History Shows

– January 26, 2024

“Hazlitt’s thesis is that bad money will inevitably result in bad behavior. This might be a tough thesis to swallow — particularly for those who live in the age of fiat money.” ~Jon Miltimore

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A Statue Worth Preserving; A Man Worth Honoring

– January 25, 2024

“William Penn’s 1682 ‘Frame of Government’ for Pennsylvania included elected representatives, a separation of powers, religious freedom, and fair trials, all since incorporated into our Constitution.” ~Gary Galles

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Bidenomics and the Slippery Erosion of Economic Freedom

– January 25, 2024

“The Biden Administration claims to promote economic growth and increase competitiveness while choking the economy with rules and regulations.” ~Nikolai Wenzel

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Arguments Against The Death Penalty and Gun Control Have A Few Things in Common

– January 24, 2024

“We can’t say, ‘There is no point, because the average criminal won’t obey the law.’ Just because the average criminal doesn’t obey the law, that does not mean the marginal criminal won’t.” ~Art Carden

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Mr. Jones and the Soviet Lie

– January 24, 2024

“Socialism not only hollows out economies, but also makes truth the enemy of the people. And when silence overwhelms a nation, the few who are brave enough to speak can shape history.” ~Michael Peterson

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Profits Do Not Cause Inflation: Causal Fallacies as Economic Disinformation

– January 23, 2024

“Fortunately, the idea that thousands of businesses have colluded to raise prices, boosting their profit margins and engineering the inflation that continues to afflict Americans, is easily disproven.” ~Peter C. Earle

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Is DEI Collapsing?

– January 22, 2024

“The pervasive cloud of weird, semi-threatening tension which swirls around a modern faculty corridor does a disservice to a long and venerable academic tradition.” ~Paul Schwennesen

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Check Your Economic Hubris

– January 21, 2024

“No matter how glorious it was for Icarus to fly and how well he thought he could do it, reality has a way of punishing excessive hubris.” ~Joakim Book

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The Future of Bitcoin in Light of a Spot ETF

– January 20, 2024

“While the SEC’s long-overdue approval of a Bitcoin spot ETF deserves a bit of celebration, watch out for what’s next. The state apparatus will increasingly treat Bitcoin as a regulated financial product.” ~Emile Phaneuf III

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