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Fading Covid Boosts Consumer Confidence in October
“Consumer attitudes recovered slightly as new Covid cases decline, supporting a more positive economic outlook. However, the psychology of rising…
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Crowding Out Under Quantitative Easing
"The data speaks loudly. An accommodative monetary policy has failed to facilitate a robust economic recovery. And an artificially low…
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Core Capital-Goods Orders Suggest Business Investment Remains Robust
“New orders for core capital goods rose again, hitting another new high. Continued strength for business investment is a positive…
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Why Bother?
"Apparently, when it comes to maintaining peaceful relations with all, as Adam Smith, Alexander Hamilton, and scads of other political…
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New Single-Family Home Sales Rose in September as Prices Continue to Surge
“New-home sales rose in September while inventory held steady. Rising prices will likely continue to force some buyers out of…
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What Progressives Miss in the Bitcoin Energy Debate
"If progressives such as Elizabeth Warren extended their publicly held values of 'fearless consumer advocacy' to also apply to those…
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All Value Is Subjective, and That’s a Good Thing
"If anything had intrinsic value, we could only either exchange it for a price precisely matching that value, with neither…
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The Semantic Revolution
"Our decisions on semantics express broader moral and political sensibilities. On my semantics, the revolutions of 1848 were not liberal.…
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