Pertinent Category: Daily Economy

The Sputtering EV Market Shows What Happens When Companies Heed Planners Instead of Consumers

– December 27, 2023

“The US EV market is a mess, one many analysts say will get worse before it gets better. And automakers like Ford who bet big on the future of EVs are likely looking at pain, at least in the short term.” ~Jon Miltimore

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Podcast: How free is your state?

– December 26, 2023

AIER’s Jason Sorens joins Kate Wand on Liberty Curious to discuss his book ‘Freedom in the 50 States.” In this 7th edition, New Hampshire, Florida, and South Dakota are the freest states in the country. Where does your state rank?

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This Joke Isn’t Funny Anymore: Maybe You Don’t Need a Can Opener

– December 26, 2023

“Pull tabs and plastic bottles are among the innumerable wonders free people exercising free minds in free markets bring to us every day in exchange for progressively fewer fruits of our labors.” ~Art Carden

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Christmas Calculations and Yuletide Yields

– December 25, 2023

“Consider the choice Christmas tree farmers face. They can chop the tree and sell it, or they could let the tree continue to grow. Farmers maximize their profits and chop the tree when the tree’s yield falls below the market rate.” ~Byron B. Carson, III

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The Failure of the Pilgrims’ First Christmas

– December 25, 2023

“Believing that human nature is flawed and selfish, the colony leadership should have known that any system based on voluntary goodness was bound to fail.” ~Will Sellers

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“Strange, Isn’t It?” Adam Smith and the Angel Clarence

– December 24, 2023

“Adam Smith showed my students that they are constantly influenced for the better by the work of countless thousands of others whom they will never know.” ~Jeff Ziegler

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When Liberal Became a Political Adjective

– December 24, 2023

“Before the 1770s, liberal meant generous, munificent, as in “with a liberal hand,” or tolerant and befitting a free man, as in liberal arts and liberal sciences. Those meanings were not political.” ~Daniel Klein

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Dollarization Is Not Magic

– December 23, 2023

“Rather than dismissing it as magic, one should recognize that dollarization is a pragmatic approach to restoring stability in high-inflation countries that lack credible institutions.” ~Nicolás Cachanosky

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Inflation Undershoots Fed Projections

– December 23, 2023

“The FOMC changed course last week, foregoing a previously projected rate hike and projecting deeper rate cuts in 2024 than previously anticipated. But those rate cuts may come too late.” ~William J. Luther

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When Progressives and Conservatives Compete, Agnostics Win

– December 22, 2023

“While progressives and conservatives duel in the arena of certainties and are willing to place individual liberties on hold in support of their social ambitions, agnostics navigate an ever-shifting political landscape with a compass turned always toward the polestar of individual liberty.” ~Paul

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Music Has No Economic Value

– December 22, 2023

“With limited world demand for music, the economic value of that creation, like oxygen, falls to zero. The same isn’t true for the earphones I’m using, since they can’t also be used by anybody else.” ~Joakim Book

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A Short Guide to ESG: Legislation

– December 21, 2023

“Proponents of ESG would like to see more legal requirements for companies to reach net zero, to hire more diverse boards and employees, and to cater to a variety of stakeholder interest groups rather than the interest of shareholders.” ~Paul Mueller

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