Pertinent Category: Daily Economy

Fake Meat: More Entrée or Agenda?  

– December 5, 2023

“The plant-based alternatives industry appears to be facing its first true market test and doing poorly. It is a much smaller market than producers perceived, due to the noisy signals and political distortions of Conspicuous Production.” ~Phillip W. Magness and Peter C. Earle

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Argentina’s Rampant Inflation, Explained (in One Chart)

– December 5, 2023

“Whichever definition one prefers to use — an expansion of the money supply which leads to price increases, or a broad and sustained increase in consumer prices — inflation is caused by the governments and central banks who control the money supply.” ~Jon Miltimore

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A Short Guide to ESG: Goals

– December 4, 2023

“ESG goals are not primarily about shareholder value and enterprise value. The goals are often counter to the interests of shareholders and large segments of society.” ~Paul Mueller

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Business Conditions Monthly October 2023

– December 4, 2023

“While we continue to impartially and vigilantly assess incoming data, our current analysis still points to a recession occurring before September 2024 as the most probable scenario.” ~Peter C. Earle

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Let the Market, Not Government, Decide the Fate of EVs

– December 3, 2023

“Both for equity and economic efficiency, government inducements to hasten the number of EVs or charging stations are a bad idea. Governments can better spend taxpayers’ monies. EVs have a promising future.” ~Kenneth W. Costello

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What Might Have Been

– December 3, 2023

“Wasteful uses of resources necessarily result in some economic opportunities that are possible being rendered impossible. What were these foregone opportunities?” ~Donald J. Boudreaux

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Even More Ways to Cook The Benefit-Cost Analysis Books

– December 2, 2023

“In disciplining our thinking to make better decisions, benefit-cost analysis also teaches those determined to mislead others how to do that better. Knowing how to do it ‘right’ also provides a template for how to be wrong in the desired direction.” ~Gary M. Galles

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Frank Capra’s Timeless Vision of American Exceptionalism

– December 2, 2023

“Each film contains a large dose of middle-American values magnified time and again against the traps and situations of a complicated impregnable bureaucratic world. And in each case, the little guy wins.” ~Will Sellers

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School Choice Can Promote Evasive Entrepreneurs

– December 1, 2023

“Evasive entrepreneurs are having their moment. Education entrepreneurs and parents are working to find educational options for children outside of the highly regulated traditional public schools.” ~Angela Dills

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Disinflation Dream Come True

– December 1, 2023

“The Fed will probably keep the fed funds target range unchanged in December. Officials previously signaled additional tightening, but things have changed.” ~Alexander W. Salter

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Politicians Talk; Entrepreneurs and Scientists Do

– November 30, 2023

“The worse the inability to get universal political agreement becomes, the better and more cost-efficient become the small-scale, positive-externality, science-based attempts at just doing the work.” ~Joakim Book

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Where Have You Gone, Alex P. Keaton?

– November 30, 2023

“Respect for individual freedom, in particular the freedom of thought, is much lower than at any time in my life. It is easy to imagine a latter-day Alex showing up at Leland’s freshman orientation only to be canceled and chased from campus by an angry mob.” ~Paul McDonnold

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