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“There are several steps to go before the Federal Reserve starts selling assets to reduce the size of its balance sheet. That type of active tightening will probably not begin for a while.” ~ Thomas L. Hogan
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“The relationship between Seinfeld and David has received more ink and attention than the one between Mandeville and Smith. That said, we would not have had a ‘Seinfeld’ without a Larry David. Would we have had a Smith without a Mandeville?” ~ Garret Edwards
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“If developers build cheap housing, the price of all housing except the very most luxurious will fall. Alternatively, if we build more luxury housing, then the price of all housing will fall, as there will be less pressure for gentrification or ‘teardowns.’” ~ Michael Munger
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“Recognizing the ability to see what isn’t there as something that makes many of economics’ graphical tools so useful can ground the understanding of those who teach economics, as well as those who take it.” ~ Gary M. Galles
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“In modern medicine, the enormous size of the cooperation horizon fosters specialization by professionals such as Dr. F and Nurse A. that would be unimaginable in a world without division of labor.” ~ Michael Munger
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“Tariff extensions burden the US solar market with slowed growth and exemplify yet another case against outdated trade policies. In the words of Gabriella Beaumont-Smith, the US should ‘let the sun set on solar tariffs.'” ~ Dorothy Chan
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“We are indeed smart and reasonable, but typically only when we each personally experience, in unambiguous ways, a significant portion of the material costs and benefits of each of our choices.” ~ Donald J. Boudreaux
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“Walter Williams was vastly instrumental in showing us that the best solutions to the racial problems that bedevil us don’t come from the government who all too often caused a problem in the first place.” ~ Tarnell Brown
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“The fact that so many workers in the industry have been unwilling to voluntarily ‘buy’ the union agenda for themselves is not a reason for giving unions more power, but is reason to question their claims that they will improve workers’ lives.” ~ Gary M. Galles
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“If you love jobs you can’t hate the individuals whose ideas and capital commitments make work possible. If the PPP money had to go somewhere, it was best that it went to those who paid the taxes in the first place.” ~ John Tamny
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“These are hardly the stories of hardened enemies of society. Their ‘crimes’ are like those of the American Robber Barons: They found new ways to give people goods and services they wanted at prices they were willing to pay.” ~ Art Carden
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“While pursuing their interests, business leaders have an incentive to serve the welfare of others. Business leaders challenge their assumptions. Politicians act on unexamined assumptions and compel others to obey.” ~ Barry Brownstein
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