The Daily Economy
‘Reagan’ Biopic Fails the Man and the Moviegoer
“Those who have longed for a satisfactory depiction of Reagan’s made-for-the-movies life will have to keep waiting.” ~Jack Butler
College Football’s Lesson About Political Economy
“College football fandom is a microcosm of the problem of a political economy. It shows that people are willing to pay a price to make their enemies suffer.” ~Art Carden
Is America’s Cultural Glue Weakening?
“Not so long ago in America it was considered rude to ask anyone other than one’s inner social circle which positive moral actions they undertook. But it now happens every second of every day.” ~David Rose
DNC Celebrates ‘Freedom,’ But Not Liberty
“As the DNC has just demonstrated so well, a host of rhetorical abuses can find a foothold in offering so many freedoms but so little liberty.” ~Gary M. Galles
Telegram Creator’s Arrest Makes the Supreme Court’s Murthy Ruling Look Even Worse
“The right to free speech is indeed indispensable, but it appears that those who believe otherwise may have already found bigger fish than Facebook and X to act as their censorship surrogates.” ~Jon Miltimore
Slumming It: How Commerce Once Communed with Sin
“The miracle of the modern economy owes as much to the accidental playhouse of 1576 as to the intentional jurisprudence of 1625 and the late-to-the-game Glorious Revolution in 1689.” ~Scott Drylie
Users, Not Regulators, Decide When Google Will Fall
“Congress should Google the benefits of economic freedom and also search up how to curtail the gargantuan levels of government spending…a bulging bureaucratic state is more costly for Americans than the growing success of our most innovative firms.” ~Kimberlee Josephson
What Americans Can Learn From Venezuela’s Crackdown on ‘Price Gougers’
“Ten years ago, Venezuela set out on a path to economic ruin and grave shortages of basic consumer goods, because of price controls on groceries and other products. Is the US really going to travel on the same road?” ~Michael Munger
To Grow Freely, Resist the ‘New Right’
“Under the guise of a new form of conservatism, this faction argues for increased government intervention in the economy, protectionist measures, and the strengthening of monopoly labor unions.” ~Vance Ginn
Inflation Slightly Below Target in July
“The federal funds rate target range is likely to be at least a full percentage point lower by the end of the year. That would significantly reduce the distance the Fed needs to travel in order to return monetary policy to neutral.” ~William J. Luther
Harris’s Child Tax Credit Plan Punishes Working Families
“Now is not the time to add even more spending to future taxpayers’ tab. The very Americans whom the Harris plan seeks to help — children — are the ones who will ultimately face the burden of repaying it in the form of higher taxes and dampened economic growth.” ~Kevin Corinth
Did the Bank of England Set Britain on the Road to Ruin?
“Officials sent out critical letters to Truss and her Chancellor, containing an analysis that has since proved incorrect, and which were immediately leaked to the press. The damage was done – the Bank and the blob had their fall guy.” ~Iain Murray
