The Daily Economy
Inflation Continued to Decline in April
“While inflation is declining once more, members of the Federal Open Market Committee (FOMC) have suggested rates would need to remain high for longer than they had previously projected.” ~William J. Luther
Helping Social Security by Helping Yourself
“Not retiring — instead, doing age-appropriate jobs — is at least a partial solution to the prospect of an insolvent Social Security trust fund.” ~Jimmy Alfonso Licon
“A Child Is Not the Mere Creature of the State”
“The educational diversity that exists today — district schools, private schools, charter schools, home schools, and microschools among them — are an enduring testimony to the Pierce decision and to that bedrock principle.” ~Jeff Ziegler
Communism’s Routine Evil: East German Edition
“Hoyer attempts to provide a sympathetic reading of an alternative to capitalism – one that engaged in brutality, sure, but made such wonderful strides for inequality, women, and workers, and in which individuals did make their way and find meaning. In doing so, she ignores one big problem: the bodies.” ~Nikolai Wenzel
Why Does the Federal Government Borrow?
“Policymakers have an incentive to finance spending with money printing and debt to hide the cost of spending from taxpayers. These costs cannot be hidden forever, though.” ~Thomas Savidge
On the Efficiency and Morality of Free Markets
“Conservatives should be among the first to recognize that the struggle for political power when the state enforces concrete moral codes is destined to lead either to tyranny or to society-shredding violence.” ~Donald J. Boudreaux
Robinson-Patman Deserves Last Rites, Not Resurrection
“It strips consumers’ freedom to choose for themselves in an area they are far more competent at than government ‘enforcers,’ combined with the chutzpah of claiming that its purpose is to benefit competition.” ~Gary M. Galles
The Origins of The War on Prices
“The past decade…has normalized the view that tampering with specific prices is no big deal. An unexpected inflation, arbitrarily redistributing income as it does, creates a fertile environment to justify controlling more prices still.” ~Ryan Bourne
Whither the American Dream?
“While the American dream was in its ascendancy, the Democratic left splintered, creating two factions which helped kill the American dream.” ~Ryan Bourne
The Martyrdom of Jimmy Lai
“Anyone who watches the documentary on Lai’s life is likely to find himself asking a question: ‘Would I have the courage to do what Jimmy Lai is doing?'” ~Jon Miltimore
More Housing Fixes (Almost) Everything
“The right should like that housing deregulation means fewer rules burdening businesspeople and people earn higher real incomes. The left should like that housing deregulation means higher real incomes and lower inequality.” ~Art Carden
Anthony Blinken Is Playing a Dangerous Game with Ukraine
“Great powers do not like their neighbors joining military alliances with their rivals. A Ukraine that is a member of NATO is likelier to behave in ways that would provoke Russia.” ~Andrew Byers
