The Daily Economy
Why the ‘Green Economy’ Is Suddenly in Retreat—in EU, US, and on Wall Street
“Green parties and environmentalists have had success largely by getting people to focus on the desired effect of their policies (saving people from climate change) and to ignore the costs of their policies.” ~Jon Miltimore
Red States, Blue States: A Tale of Two Economies
“States like Texas and Florida, prioritizing low taxes and minimal regulation, have created environments where businesses can thrive. This is reflected in their strong job growth and relatively low unemployment rates.” ~Vance Ginn
Against YIMBY Leninism
“Some people truly value restrictive land-use governance. They should be able to impose these strict rules on themselves, so long as they leave their non-consenting neighbors alone.” ~Jason Sorens
Inflation Remained Low in June
“Despite the progress made on inflation over the last three months, and the risk of overtightening noted by Waller and Powell, the FOMC is unlikely to cut its federal funds rate target next week.” ~William J. Luther
Beware of Conflict Theories of Inflation
“This perspective emphasizes that social conflicts are the central cause of inflationary pressures. The Marxist undertones of CTIs suggest that inflation results from social injustice, implying a moral imperative for government intervention to right the supposed wrongs.” ~Nicolás Cachanosky
How Rent-Seeking Wrecks the Soul of Enterprise
“The more the state becomes involved in everyday affairs, the more we move to a rent-seeking society, enabling a power dynamic based on what can be accessed rather than on what can be earned.” ~Kimberlee Josephson
Economic Observations of Beach Parking
“The idea of ‘line up!’ is deeply ingrained in most of us, to the point where we are angry if someone ‘cuts’ in line ahead or, for that matter, behind us.” ~Michael Munger
How Climate Catastrophists at NOAA Mislead without Lying
“When it comes to ‘missing context’ about climate change, official government agencies can be among the worst offenders, not just on social media but also on agency websites.” ~E. Calvin Beisner
The Virtues of Social Market Order: Review of ‘Abundance, Generosity, and the State’
“Goods and services received gratuitously are not the same as those obtained as a right, especially when governments have extorted tax-‘payers’ at the point of a gun.” ~Joakim Book
On America’s ‘Trade Deficit’ With China
“The negative connotation conveyed by the term ‘trade deficit’ is so very useful to the protectionist cause that protectionists seem to have no interest in getting their — or their audiences’ — thinking straight about this concept.” ~Donald J. Boudreaux
Techno-Tyranny of Gilliam’s ‘Brazil’ is ‘1984’ for 2024
“This movie that routinely appears on ‘best British film’ lists impressed me with its entertainment value, but even more with how relevant its message has become in 2024.” ~Paul McDonnold
Gen Z’s Financial Nihilism
“Not only are Gen Z Americans unprepared to reform our country’s spending programs and revive the nation’s fiscal health, they are also engaging in the very behavior that will undermine their ability to achieve the American Dream.” ~Michael Peterson
