The Daily Economy
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April’s Disinflation Delivery
“In the first quarter of 2024, the US economy expanded at a rate of 1.6 percent per year. That’s hardly an impressive growth rate, but it’s significantly faster than money supply growth. Money looks somewhat tight.” ~Alexander W. Salter
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Sloppy Utopia
“The book is irrelevant in the exact meaning of that word: It does not answer the question it sets for itself, does not rise to the task of chronicling the big economic changes of the extended twentieth century, does not adequately and accurately capture a believable grand narrative.” ~Joakim Book
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Private Governance Will Make You Free
“Enforcement of these emergent rules can be accomplished largely by what Adam Smith called ‘propriety,’ rather than by armed employees of the state.” ~Michael Munger
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Japanese Immigrant Exclusion: 100 Years Later
“Scientists and academics nationwide embraced these outward intentions to divide the ‘desirable’ immigrants from those more susceptible to crime, disease, and incompetence.” ~Will Sellers
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Is The Fed Manipulating the Market?
“We cannot just look at the Fed’s target rate to determine whether it is manipulating the market. We must consider its target rate relative to the natural rate.” ~Bryan Cutsinger
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Unleashing Educational Freedom: A Blueprint for Future Generations
“We should ‘fund students, not systems,’ as DeAngelis loves to say, and empower parents, not politicians and bureaucrats.” ~Vance Ginn
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Substitution Effects and Steering-Wheel Daggers
“Because of substitution effects, we should always be aware that outcomes quite different from those that seem most obvious are possible. Mandating greater automobile safety might reduce traffic fatalities. Or it might not.” ~Donald J. Boudreaux
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Importing Votes, Not Steel
“Cooperation between conglomerates can be swept aside by the government for political gain. Ultimately, it is the public who pays for these political plays.” ~Stefan Bartl
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Illiberal Youth Threaten Freedom
“Like National Socialist youth, individual rights mean nothing to young people today. The loss of talented people with different opinions was a plus for the Nazis.” ~Barry Brownstein
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Every Village a Republic
“Article I, Section 10 might protect local communities from federal abuse, as intended by the Founders, but offers no tools to simultaneously protect ourselves from local tyrannies.” ~David Gillette and Thaddeus Meadows
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Climate “Reparations” Numbers Are Rigged
“Human living standards have improved in unprecedented ways over the past 300 years. These remarkable improvements in human welfare are not limited to wealthy, developed economies but are enjoyed around the world.” ~Paul Mueller
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Bipartisan But Brutal: Lessons from the Chinese Exclusion Act
“This bipartisan consensus was not a middle ground, but rather a race to the bottom driven by the worst impulses of politicians and voters.” ~Vincent Geloso
