The Daily Economy
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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
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The Bourgeois Deal Brought Us More than Pie in the Sky
“We didn’t need a worker’s revolution to get and enjoy pie in the here and now… Innovation and profit-seeking in a society that embraced the Bourgeois Deal made workers so much more productive that the pie grew. A lot.” ~Art Carden
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The Magic Food Cupboard
“Every small aspect of the work that people do to deliver and stock those Whole Foods grocery shelves is noble, in its own way. Dismissing the parts as meaningless fails to understand the power of the larger system.” ~Michael Munger
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Getting Monetary Policy Back on Track
“Experts seemingly identify much more closely with the central bankers — the practitioners of monetary policy — than with those forced to contend with the negative consequences of bad decisions.” ~Judy Shelton
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Apple’s Big Business: Mises is Right, Sen Warren is Wrong
“The government’s ever-growing interest in deterring business expansion, along with granting federal agencies greater say over marketplace matters, is a complete disservice to our nation’s progress.” ~Kimberlee Josephson
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Unlimited Growth, Forever
“Every popular scare of the past has been side-stepped, improved, or solved, by one or another human effort, usually serendipitously and rarely at all with well-meaning bureaucrats directing the process. ” ~Joakim Book
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Is Texas Really the Future of Freedom?
“Texas does several big things really well, and I’m rooting for them to improve elsewhere. But let’s not pretend Texas is the free-market archetype for the country.” ~Jason Sorens
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The Ratchet Effect on the Fed’s Balance Sheet
“The ratchet effect has locked us in a world with a massive Fed balance sheet — and the insidious problems of runaway deficit spending and easy bailout monetary expansion that come with it.” ~ Paul Mueller
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Does Market Concentration Signal Monopoly?
“The Coasean theory of the firm is noticeably absent from antitrust discussions. Failure to understand that firms arise to lower costs can lead to incorrect conclusions.” ~Jon Murphy
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Florida’s Faux-Meat Ban Slaughtered Free Enterprise
“The public interest is served when fraud, deception, and misleading labeling are prevented. Unfortunately, the Florida legislature has gone far beyond this, at the behest of the ranchers’ lobby.” ~Paul Mueller
