The Daily Economy
Inflation to the Nines
“Americans will have to decide for themselves if the claim made by Biden was a lie intended to mislead anyone not familiar with the trajectory of prices over the past several years, or an innocent error.” ~Peter C. Earle
Texas Continues to Push Back Against ESG, But Is It Enough?
“The TPSF manages funds designated for education on behalf of Texas taxpayers. If the funds have lower returns because of asset managers’ ESG crusades, Texas taxpayers are on the hook.” ~Paul Mueller and Thomas Savidge
‘Tyranny’ by Any Other Name
“The liberal version of true democracy is everyone getting to decide, peaceably, how to manage their own lives — not everyone being perpetually subjected to the whims of 50-percent-plus-one of their fellow men.” ~Richard Morrison
FISA Destroys the Rule of Law
“Evidence…cannot be challenged by opposing counsel and are highly classified. This has resulted in the drone-like ‘rubber stamping’ of warrantless surveillance conducted without oversight or challenge.” ~Spence Purnell
Creating So Many Jobs that Destroy Wealth
“Many of the jobs created directly or indirectly by government policies impose net costs on society rather than producing benefits, which worsens rather than improves Americans’ wellbeing.” ~Gary M. Galles
The Demise of the Dual Banking System
“The issue comes down to whether a state-chartered bank that fulfills the legal requirements for a master account can be denied one by the Federal Reserve.” ~Gerald P. Dwyer
Protectionists’ Cheap Tricks
“Gains from trade are mutual, a reality that isn’t changed one iota by imposing a political boundary between the traders. Protectionism therefore strips both foreigners and Americans of these gains.” ~Donald J. Boudreaux
Bootlegger in a Baptist’s Mask
“Bob Lighthizer wants you to join him in what he claims is a moral crusade to save a few American jobs. He fails to mention that ultimately, we will all pay much higher costs to do this.” ~G. Patrick Lynch
Are You a Servant of Tyranny or Liberty?
“What happens to a country with no constitution or deep-seated commitment to curbing the use of power? Absent those limits, virtue wanes, and it is easy for people to become servants of tyranny.” ~Barry Brownstein
Proof That Net Neutrality Was Never about ‘Saving the Internet’
“Net Neutrality isn’t so much about creating a better Internet as much as a key step toward an Internet under government control.” ~Jon Miltimore
‘Consumer Reports’ Jettisons Objectivity on Climate Change
“Scaring the public into action simply does not work — indeed, Chicken Little can proclaim only for a short time that the sky is falling until people begin to see through the ruse that Chicken Little is really Chicken Liar.” ~David Legates and E. Calvin Beisner
When Ideological Bubbles Trump Economic Thinking
“That a Nobel Prize-winning economist can hold these naïve views and fail to use simple economic reasoning should give us pause about how ideology and echo chambers can dull our reasoning.” ~Paul Mueller
