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It’s the result of a much-overdue price war among producers from which the consuming public will benefit. Amid the waves of bad economic news, this is actually good news.
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With the virus priced, investor are now hedging themselves against a typically obtuse and alarmist reaction from policymakers that will enhance the power of government at the expense of the private sector where all growth takes place.
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Are we really ready to imprison the world, wreck financial markets, destroy countless jobs, and massively disrupt life as we know it, all to forestall some uncertain fate, even as we do know the right way to deal with the problem from a medical point of view? It’s at least worth debating.
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Have you noticed how philosophical COVID-19 is making us? The possible presence of imminent death of so many – true or not – is causing a reassessment of fundamental issues.
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At a campaign speech on February 29, Senator Elizabeth Warren (D-Mass.) introduced her economic plan for combating COVID-19, more commonly known as the coronavirus. The Warren plan has two elements. […]
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It is high time that Americans stop pretending government can protect everyone, in every possible way, all the time and tell Washington to stop overstepping.
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Much has been made in the media about the Surgeon General’s recent Twitter exhortation, “Seriously people – STOP BUYING MASKS! They are NOT effective in preventing general [sic] public from […]
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There is a growing buzz in the media that the Federal Reserve and other central banks should provide support due to any slowdown that accompanies the coronavirus.
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The best approach to a shocking event like a global pandemic disease with a high death rate is to free the markets and eliminate barriers to trade as soon as possible. This would at least minimize the damage, get goods and services to those who need them, calm the panic, and reward traders and investors…
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If headline writers possessed a clue about what moves stocks, or even if they possessed a clue about whom to ask about what moves stocks, they wouldn’t be headline writers.
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We should take a sober, dispassionate look at forces acting upon the U.S. financial markets. Headlines indicating a “panic” are vastly overwrought.
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Soft-handed measures are cheaper and more effective in diminishing contagion than heavy-handed measures.