Why Government Is Unromantic
“As we see from Austen’s archetypes and the track record of governments, these interfering third parties have the potential to ruin the romance between two individual actors in the market. Relationships between a business and customer or two lovers can last a lifetime and engender terrific prosperity without requiring the involvement of outside participants.” ~ Amelia Janaskie
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Why We Need Simple Rules for a Complex World
“Our current bias towards trying to make a government rule for every single issue that arises in society is not only ignorant of the very institutions of freedom that make our society prosper, but it also threatens to continue a vicious cycle that fuels an ever-encroaching state. A more optimal solution to address societal issues would be a paradigm shift to a system that understands the power and promise of simple rules in an ever more complex world.” ~ Ethan Yang
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A Nuanced Approach to China Part 3
“When it comes to protecting our intellectual property and ensuring good business practices, it is important that we are guided by reality and not a fantasized version drummed up by politicians for political gain. Harsh retaliation is neither productive or justifiable but standing idle is not a solution either. Our response to China must be measured, nuanced, and intelligent, as such an approach is the only way we will ever succeed.” ~ Ethan Yang
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Sovereignty Still Rests with the People, Not Congress
“No amount of selective quotes from the Constitution by Raskin and other righteous legislators will curb the contempt that politicians have richly earned. Many Americans instinctively recognize that, as Thomas Paine declared, ‘the trade of governing has always been monopolized by the most ignorant and the most rascally individuals of mankind.'” ~ James Bovard
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How Will We Pay for a $1.9 Trillion Spending Bill?
“Politicians are quick to ignore the costs of government spending in proposing legislation and obscure those costs by issuing debt rather than raising revenues. It is politically popular to issue debt and send checks to everyone. The benefits of the policy are clear: people get checks. The costs, which ripple out through financial markets as interest rates are bid up, are difficult to tie to the policy.” ~ Nicolás Cachanosky
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Would You Support the Lockdowns If It Meant Losing Your Own Job?
“Belief in the corona-religion is thin, but much worse, it’s gutless. People believe as long their jobs and their businesses aren’t being destroyed. Twenty or one hundred years ago they wouldn’t have been so sanguine. Let’s never stop reminding them of this truth.” ~ John Tamny
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Yellen was Right, the Federal Debt “Should Keep People Awake at Night”
“If the burden of interest payments increases, will Congress make the difficult decisions required to reduce federal spending? What contingency plan do Yellen and Powell have in their back pocket if the dollar suffers a speculative attack owing to an unsound fiscal position? Yellen was right: ‘It’s the type of thing that should keep people awake at night.'” ~ James L. Caton
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Life After Burma: The Saga of Bo Bo Nge
“When Suu Kyi won her reelection early this year in a landslide, Myanmar’s generals had had enough. They reassumed power and on February 1 dispatched five soldiers to arrest Bo Bo at his home in Myanmar’s new capital Naypyidaw. Commented a banker in Yangon, ‘It’s a circular firing squad around here.’ Free Bo Bo! Free the world economy from zero sum generalists.” ~ George Gilder
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Is the Public Interest Really In the Public’s Interest?
“The fact that something is popular doesn’t mean it is right or even beneficial. A better way forward is to simply lay out arguments in full, detailing why and how such proposals would result in the best outcomes for the most people while being prepared to own the consequences. This discussion should be accepting of contributions from all backgrounds and specializations and be open to hearing all solutions, state or market-based.” ~ AIER Staff
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Presidential Impeachment and US Equity Markets
“The gradual pace of what is fundamentally a political (as opposed to legal) action tends to result in dampened, rather than heightened, volatility. And nearly as soon as any latent uncertainties are ironed out, broader economic trends resume driving the direction of financial markets. A more profound degree of political upheaval, with a more sudden onset, is required to throttle the stock markets.” ~ Peter C. Earle
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Liberty or Subjugation?
“Regardless of the origins of the SARS-COV-2 virus, Big Government caused the pandemic and the resulting economic pain by rendering resistance futile and breaking the will of all but a few outlets (like this one). The sooner Americans come to terms with that reality, the sooner they can take steps to render lockdowns, and God knows what other harmful, irrational policies lurking in the shadows, less likely, if not impossible.” ~ Robert E. Wright
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Changing DC’s Status Remains Unconstitutional
“By reducing the buffer zone around the core parts of the federal government, DC statehood could very well jeopardize the security of the nation’s capital. One would think that the recent attempt to overrun the White House and the temporary loss of government control of the Capitol would, if anything, have policymakers thinking about reexpanding the government’s buffer zone to the maximum size allowed in the Constitution, not to shrink it.” ~ Robert E. Wright
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