Pertinent Category: Daily Economy

Beware of Mistaking Artifacts for Economic Realities

– September 21, 2023

“Recognition that the size, or possibly even the very existence, of any measured US trade deficit depends heavily on the accounting conventions used to record international commercial transactions should be sufficient to calm the fears that arise whenever this accounting artifact shows a deficit.” ~Donald J. Boudreaux

READ MORE

Truck This: Why I’m Leaving the Long-Haul Industry

– September 21, 2023

“However well-intentioned these rules and regulations might be, it’s clear that no one is consulting with the long haul truckers about the totally foreseeable bad outcomes.” ~Christopher Wilcox

READ MORE

Fed Continues to Signal Another Rate Hike

– September 20, 2023

“If core inflation is more or less on track, why are most FOMC members projecting another rate hike?” ~William J. Luther

READ MORE

Get Ready to Kiss Your Credit Card Rewards Goodbye

– September 20, 2023

“The benign-sounding Credit Card Competition Act is a double whammy. It’s not just a threat to my credit card rewards; It’s a violation of my libertarian principles.” ~Jon Miltimore

READ MORE

Thinking Harder about “Special” Benefits

– September 20, 2023

“To the extent we believe in giving government assistance to those with incomes, we should trust them to love themselves and their families more than the government does and give them that aid in cash.” ~Gary Galles

READ MORE

Orangeopia

– September 19, 2023

“Perhaps an Orangeopian union or minimum wage can at least decrease income inequality, or maybe even increase the per capita standard of living?” ~Bruce Rottman

READ MORE

Nothing Was “Normal” on the Other Side of the Wall

– September 19, 2023

“Nothing was ‘normal’ about the totalitarian life in socialist GDR, if by ‘normal’ we mean pursuit of human happiness and fulfilment.” ~Robertas Bakula and Luis Carlos Araujo Quintero

READ MORE

AI, Critical Thinking, and the Future of Freedom

– September 18, 2023

“Civilization advances by extending the number of important operations which we can perform without thinking about them.” ~Emile Phaneuf III

READ MORE

Is Dollarization a Mirage?

– September 18, 2023

“Dollarization would serve as a firewall, protecting the private sector from the fiscal policy fallout.” ~Nicolas Cachanosky

READ MORE

Should Buying Or Selling “Hidden Cities” Air Tickets Be Banned Or Punished?

– September 17, 2023

“Hidden-city opportunities emerge when there are significant differences in the price elasticity of demand relating to certain itineraries with stopovers.” ~Christopher Lingle

READ MORE

Corporatism and Convict Leasing in the American South

– September 17, 2023

“This was not a product of capitalism, it was the direct consequence of government’s colluding with business to prevent a market for labor.” ~Marcus M. Witcher and Patrick Schmucker

READ MORE

Freedom of Choice in Education: the Origins of a Slogan

– September 16, 2023

“The Virginia Education Association, the state’s largest teachers’ union, linked arms with segregationist attorney John S. Battle, Jr. to attack the tuition grants.” ~Phillip Magness

READ MORE