The Free Market Provides What We Need to Survive a Pandemic
It is human liberty operating within a market framework that saves us in times like this. In a disease panic, we are learning, people lose their minds and stop thinking clearly about things that matter. They also reach out to authority to save them.
READ MOREDon’t Sweat the Crash in Oil Prices
It’s the result of a much-overdue price war among producers from which the consuming public will benefit. Amid the waves of bad economic news, this is actually good news.
READ MOREEconomic Crisis Is the State’s Oxygen
With the virus priced, investor are now hedging themselves against a typically obtuse and alarmist reaction from policymakers that will enhance the power of government at the expense of the private sector where all growth takes place.
READ MOREWhy this Draconian Response to COVID-19?
Are we really ready to imprison the world, wreck financial markets, destroy countless jobs, and massively disrupt life as we know it, all to forestall some uncertain fate, even as we do know the right way to deal with the problem from a medical point of view? It’s at least worth debating.
READ MORECOVID-19 Prompts the Question: Why Value Human Life?
Have you noticed how philosophical COVID-19 is making us? The possible presence of imminent death of so many – true or not – is causing a reassessment of fundamental issues.
READ MOREThe Fed Cannot Combat Coronavirus
At a campaign speech on February 29, Senator Elizabeth Warren (D-Mass.) introduced her economic plan for combating COVID-19, more commonly known as the coronavirus. The Warren plan has two elements. First, it calls for “a major targeted fiscal st …
READ MOREShould Government Go Medieval During Pandemic Disease?
It is high time that Americans stop pretending government can protect everyone, in every possible way, all the time and tell Washington to stop overstepping.
READ MOREAnti-Gouging Laws Can Kill
Much has been made in the media about the Surgeon General’s recent Twitter exhortation, “Seriously people – STOP BUYING MASKS! They are NOT effective in preventing general [sic] public from catching Coronavirus.” But what is usually left out is the res …
READ MOREThe Coronavirus Reveals the Limits of Monetary Policy
There is a growing buzz in the media that the Federal Reserve and other central banks should provide support due to any slowdown that accompanies the coronavirus.
READ MOREEconomic Policy Must Prepare for Pandemic Disease
The best approach to a shocking event like a global pandemic disease with a high death rate is to free the markets and eliminate barriers to trade as soon as possible. This would at least minimize the damage, get goods and services to those who need them, calm the panic, and reward traders and investors for maintaining normalcy and growth insofar as it is possible.
READ MORESanders, Stocks, the Threat of Pandemic Disease
If headline writers possessed a clue about what moves stocks, or even if they possessed a clue about whom to ask about what moves stocks, they wouldn’t be headline writers.
READ MOREThe Effect of the Coronavirus on Financial Markets
We should take a sober, dispassionate look at forces acting upon the U.S. financial markets. Headlines indicating a “panic” are vastly overwrought.
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