Pertinent Category: Daily Economy

20th Century Ideology, Modern Mixed Economies

– April 4, 2024

“Neither the Chinese communists nor the Russian communists ever redistributed significant resources from the able to the needy. If anything, they did the reverse.” ~John Goodman

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How the Subsidy Straw Is Sucking The Colorado River Dry

– April 4, 2024

“A trifecta of farming-sector entitlements have incentivized producers to grow thirsty plants, underpriced water extraction, and created moral hazard….Subsidies have made water 10 times cheaper in Arizona than in Michigan.” ~Peter Clark

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Principleless, Panicked and Power-Hungry

– April 3, 2024

“The authoritarian response to COVID amounted to the biggest inroads on our civil liberties in two hundred years… the judges were as frightened and panicked as most everyone else.” ~James Allan

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Quality Boosts in Sports Collectibles

– April 3, 2024

“An hour of labor today might not buy many more baseball cards than an hour of labor a generation ago, but it would be a mistake to conclude that living standards haven’t changed much because the quality has improved so much.” ~Art Carden

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US Manufacturing is Doing Just Fine

– April 2, 2024

“Faced with the increased prosperity that has correlated with lowered trade barriers, making the case that trade liberalization has led to widespread harm is no easy task.” ~Colin Grabow

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Assessing Bidenomics: The Fatal Conceit of National Commercial Policy

– April 2, 2024

“Roughly 50 cents out of every dollar of economic activity in the US is controlled by a government, rather than an entrepreneur, consumer, or investor. That is bad news for efficiency and growth. It’s also bad news for liberty.” ~Nikolai G. Wenzel

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Eating The Rich Won’t Feed the Beast

– April 2, 2024

“The hungry behemoth that is the US federal government is already eating the rich… Jeff Bezos’ great fortune would finance the government for… less than a week. ” ~Joakim Book

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Did Government Red Ink Make the US More Dynamic than Europe?

– April 1, 2024

“The new ‘reshuffling’ thesis of American recovery doesn’t make much sense on the evidence. It serves a convenient political purpose, helping to justify massive federal stimulus.” ~Jason Sorens

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Government Project: The Eternal Folly of Central Planning

– April 1, 2024

“Edward Banfield’s careful case study of the Casa Grande project, based on his review of the detailed government records, is a sobering critique of government planning and social engineering.” ~Mark Pulliam

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Inflation Remained Elevated in February

– March 29, 2024

“Market participants continue to expect three cuts this year — and that those cuts will begin in the first half of the year. But they have adjusted the odds.” ~William J. Luther

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Baseball, a Beer, and a Dog

– March 29, 2024

“The most expensive beer in the major leagues is found where everything seems to be most expensive: Washington, DC. At Nationals Park a single beer will set you back $14.99.” ~James R. Harrigan

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Biden’s ‘Strike Force’ Recalls Nixon’s Economic Plan

– March 29, 2024

“The so-called Strike Force is likely to act as a bludgeon for government attacks on private interests, and in particular, those viewed as adversaries to the administration.” ~Peter C. Earle

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