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“Robots handle repetitive tasks or heavy lifting that cause substantial wear on the human body, reducing the risk of injury to employees. Robotics with AI would complement, rather than substitute, human labor.” ~Janna Lu
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“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
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“Although Black Friday is a day of discounts, rebates, and other sales promotions, examining the price changes in the most-marketed merchandise categories may provide some insights as to what consumers face this year.” ~Peter C. Earle
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“Browsing the websites of ESG-advocating organizations gives the sense that ESG is cutting edge, technologically sophisticated, a wise investment strategy, and the road to increasing profitability.” ~Paul Mueller
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“The October inflation release provides a welcome respite from resurgent price increases over the past few months. But while the most recent CPI and EPI readings relay a positive state of affairs in the resumption of disinflation, challenges and uncertainties persist.” ~Peter C. Earle
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” As they continue to reduce tax burdens, they create environments where individuals and businesses can retain more of their earnings, which invites innovation, improves the quality of life, and encourages moving to those states.” ~Vance Ginn
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“While I have attempted to clarify the ESG advocates’ terms, the devil is in the details. One of the weakest parts of ESG is the ambiguity and disagreement, even among its advocates, as to how to define and measure many of their objectives.” ~Paul Mueller
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“Companies founded in easy money periods will tend to be the most vulnerable. Many firms will survive the credit crunch, but few will emerge unscathed.” ~Peter C. Earle
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“While we refrain from providing a specific magnitude for our recession forecast and acknowledge the possibility of inaccuracies or outright error, we maintain our contention that the US will enter an economic recession by September 2024.” ~Peter C. Earle
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“Rather than work with shippers and receivers to fix these issues, the trucking industry has decided that it is more cost effective to stick taxpayers with the bill for replacing truckers who, having discovered that the business neither respects nor pays for their time, make the rational choice to quit.” ~Gord Magill
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“Blinder thinks deflation always and everywhere causes economic harm. ‘It takes a truly sick economy to cause deflation,’ he warns. But he’s wrong.” ~Alexander W. Salter
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“If protectionism makes supply chains more robust, then we should expect to see that in the data. A quick overview shows, however, that protected industries are more vulnerable to shocks than less-protected industries.” ~Jon Murphy
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