Pertinent Category: Daily Economy

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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The Monroe Doctrine Turns 200

– December 10, 2023

“The Monroe Doctrine sought to express the consensus of American sentiment about its view of its place in the world. Americans wanted to limit involvement with the politics and factious belligerence of Europe.” ~Will Sellers

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Is China America’s Biggest Threat? 

– December 10, 2023

“Now is not the time to allocate excessive resources to confront external foes, but to address the fundamental issue plaguing us: a government that refuses to rein in spending of taxpayer money.” ~Vance Ginn

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