“A better approach is to ensure that employers and employees are on equal footing when it comes to job mobility and competition, by requiring that the terms of the noncompete apply equally to both the company’s and the employee’s competitors.” ~ Antony Davies
READ MORE“The indictment of the New Deal’s treatment of blacks could go on for many more pages. Suffice it to say here that the New Deal was a raw deal for Americans, especially African Americans.” ~ Robert E. Wright
READ MORE“Current politicians, educators, and others encourage Americans to adopt tribal identities. It ended badly in Cyprus. The outcome of tribalist mindsets dividing Americans may differ only in degree.” ~ Barry Brownstein
READ MORE“This global retreat in economic freedom is worrisome. It means that economic crises are going to be longer and more painful. Thus, they are more likely to result in political backlash. Defenders of economic freedom should bear this in mind when they emphasize how important that freedom is.” ~ Vincent Geloso
READ MORE“The incremental fees associated with the great plethora of goods and services at our fingertips are an essential prerequisite to satisfying consumer demand. Their abolishment, whether by prohibition or concealment via aggregation, will prove consequential.” ~ Peter C. Earle
READ MORE“Paying more to produce goods domestically that could be acquired cheaper from elsewhere, wastes resources, kills jobs in other industries, and makes us poorer as a result.” ~ Brian Balfour
READ MORE“By making the Fed so much more controlled by Washington, and removing even the appearance of private-sector influence, the proposed amendment could fatally weaken the Fed’s political legitimacy.” ~ Dror Goldberg
READ MORE“The media’s incentive is to tell us the portion of the truth that is entertaining. And what we have demonstrated by our behavior is that bad news entertains us.” ~ Antony Davies
READ MORE“Here’s a pop quiz. Some questions are conceptual, others ask about particular facts. The correct answers are supplied at the end. (But don’t cheat by peeking beforehand at the answers!) Good luck!” ~ Donald J. Boudreaux
READ MORE“I would keep my eye on the LEI (and AIER’s equivalent) but pay special attention to the manufacturing variables. Outside of the LEI, I would also carefully watch real wage trends and its downstream knockoffs (credit card and other debt and defaults, and the personal savings rate).” ~ Robert E. Wright
READ MORE“Without a symmetric response to deviations from the target, the Fed’s so-called average inflation target will not produce 2 percent inflation on average. Instead, it will tend to produce inflation that exceeds 2 percent. That’s a far cry from price stability.” ~ Alexander William Salter
READ MORE“Student borrowers will pay substantially less than before. The Department justifies this by saying that many are struggling with their loan repayments. Some are, but why should the government shield them from the consequences of bad decisions?” ~ George Leef
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