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