Pertinent Category: Daily Economy

Robots Free Humans from Repetitive Tasks

– December 16, 2023

“Robots handle repetitive tasks or heavy lifting that cause substantial wear on the human body, reducing the risk of injury to employees. Robotics with AI would complement, rather than substitute, human labor.” ~Janna Lu

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I Fought the Google, and the Google Won

– December 16, 2023

“The plaintiffs were all taxpayers in NC, but we had no actual say about how those payments taken from us were to be spent, even if the spending violated the Constitution of the state.” ~Michael Munger

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The Coming Crack-Up of the Left: Yascha Mounk’s ‘The Identity Trap: A Story of Power and Ideas in Our Time’

– December 15, 2023

“The threat to the identity synthesis, and the main targets of its proponents, are the old-fashioned liberals, whether they fall on the right or the left of the political spectrum.” ~James E. Hartley

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Resistance to Revitalization? When Neighborhoods Change but Regulations Don’t

– December 15, 2023

“The amount of red tape and regulation, fees and form-filling that government has wrapped around simple collaboration isn’t just irritating and expensive. On a deep level, it’s inhuman.” ~Laura Williams

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Why Ordinary People Enable Totalitarians (Part II)

– December 14, 2023

“The best safeguard of liberty is societal support for a system that prevents abuses of power before individual acts of heroism are necessary.” ~Barry Brownstein

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FOMC Holds Rates, Revises Projections

– December 14, 2023

“After months of worrying that they had not yet done enough, FOMC members now seem to think they have a handle on inflation and will see it gradually return to 2 percent. Let’s hope they are correct.” ~William J. Luther

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AIER’s Everyday Price Index Sees Largest Decline in 2023

– December 13, 2023

“While the likelihood of another rate hike in the final FOMC meeting of 2023 this week is low, the slowing rate of disinflation and stubbornly elevated prices suggest that speculation regarding the start of rate cuts is, at best, early.” ~Peter C. Earle

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A Short Guide to ESG: Finance

– December 13, 2023

“ESG considerations represent a mainstreaming of impact investing while giving ‘fiduciary’ cover to large institutional investors who invest trillions of dollars of other people’s money in ways that advance mostly political priorities.” ~Paul Mueller

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Despite CPI Uptick, Monetary Policy Remains Tight

– December 12, 2023

“The slight bump in inflation won’t spook them into going even tighter. And despite the cries from financial markets, it’s too early to contemplate cuts.” ~Alexander W. Salter

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Argentina’s New President Should Reframe Its Central Bank Even If He Later Proceeds To Eliminate It

– December 12, 2023

“Establishing trustworthy monetary rules is needed to incentivize fiscal responsibility. Constructing robust institutions that allow monetary authorities to act within constraints is even more imperative.” ~Joaquín Henault

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New Hampshire’s Lesson for America

– December 11, 2023

“an ounce of prevention is worth a pound of cure: Never give government tools it will be tempted to abuse in the first place.

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Lessons from Argentina’s Dollarization Debate: The Challenge of the Commitment Device

– December 11, 2023

“If a large country like Argentina were to fare better under dollarization, economists would be forced to reconsider the role of central banks in monetary theory.” ~Nicolas Cachanosky

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