“How would you reform the economics profession to make it better …?” Cowen asked Cochrane. “You’re in charge. You pick the reforms as if you would run the whole gliding committee. What would you do?”
Economy
More Damning Evidence: A Mandated Minimum Wage Hike Will Harm, Not Help
Eugenicists and racists, mostly Democrats, crafted the original minimum wage idea to harm the same people that our modern-day Democrats now claim would benefit. Their ideological forebearers had it right, so are their 21st-century social re-engineers ignorant, stupid, or evil?
Notable Quote – The Case against Socialist Control of the Economy
There is therefore no ground for the pretence that in order to maintain equilibrium between production and demand, we must employ the foresight of an army of administrators and surveyors, whose duty it should be to prescribe what every produce should provide, and consequently how much each consumer should enjoy. Inhabitants of our metropolis see … Read more
They Don’t Even Have to Pretend Anymore
It’s one thing to hear outsiders making claims about conspiracies among political insiders to use the COVID panic to implement power grabs in areas having nothing to do with public health.
They’re just conspiracy nuts, right?
You Can’t Unionize Jobs That Don’t Exist
Remember when Amazon pulled out of Seattle in part because of the city was planning to target its largest employers with a ‘head tax’? Remember when Amazon scuttled its plans to open a center in New York City, because AOC and other progressives organized opposition to the move? Clearly this is a company that is … Read more
Notable Quote – No, Government was never supposed to be “entrepreneurial” by design
Do you remember how bad the Obama Administration was at being a “green Venture Capitalist” (think: Solyndra)?
Data Point: China – Sorry About That – We Missed Our Reductions Again
WHY do we have to be in the Paris Accord? Any reduction in CO2 emissions is being swamped by China – which has promised to only come up with a figure for the Paris Accord by 2030.
Is Biden’s Energy Agenda Suicide or Murder?
The Biden administration is preventing the development of multitrillion-dollar domestic resources. There are differing views on this but look at the difference between the Trump economy and the Obama economy.
Joe “Job Killer” Biden Rides Again!
On Day One, president asterisk took a tire iron to New Mexico’s economy and that of some Utah Indians as well. They’re not happy. But the damage is a lot worse than that. His promised changes could easily cost Americans 6 million jobs, and he’s just getting started.
If You Think That the Wuflu Lockdowns Have Been Bad for Company Bankruptcies, You Ain’t Seen Nuttin’ Yet.
There is no one, no one group or even “groups of groups” that could effectively handle the billions of economic decisions that are made daily (or even hourly) by the 320 million residents of America.
Biden Plans to Address COVID, the Economy, the Climate, and Race in First Ten Days
Joe Biden has announced that he plans to fix a few things in the first ten days in office. Let’s assume that happens, and he’s not in jail. “Fixed” has a very different meaning to Democrats. For example, their idea of fixing the climate will ruin any economy.
In Other News, The Economy is Still Doing Great Under Trump and the Media is Ignoring That
The media is purring and licking its paws after it successfully elected Joe Biden to the White House. The media doesn’t decide these things, but you can’t tell them that. You also can’t make them cover news that contradicts their preferred narratives. Like, how great Trump’s COVID recovery Economy is doing!
Are You a Casual China Watcher?
Are you a casual China watcher? If you are there was a key policy meeting, the four day plenum in Beijing this week. It wraps up came with a statement; China will not let external pressures sway it from becoming a great power. It goes on to say China is entering a period of ‘strategic … Read more
Joe Biden’s Economic Agenda Is a Marxist Template for Control
What Biden brings should be self evident. Joe Biden’s economic agenda is a Marxist template for control. It would destroy millions of American jobs. His plan would crush economic recovery from the virus.
CATO: NH Ranks #2 in the Nation for Economic Freedoms
CATO’s Freedom in the 50 States is out, and as usual, New Hampshire Ranks near the top. This year’s survey put the Granite State at number two for economic and social freedom, behind Florida, but notes that New Hampshire is the most improved state overall.
WHO Says Lockdowns Are Dangerous – Harm Economically Vulnerable
The World Health Organization has a new concern. They want world leaders to “stop using lockdown as your primary control method.” Their reasoning? It isn’t good for people’s lives and livelihoods. Sound familiar?
Economic Recovery is slow, Susan Page?
That was one of the “issues” that Susan Page (USA Today), the moderator of the VP Debate between VP Pence and Kamala Harris, had on her plate. Problem is, well, you’ll see: SHOT: “Vice President Pence, your administration has been predicting a rapid and robust recovery, but the latest economic reports suggest that is not … Read more
Debate Night for the VP’s – Taxes and the Economy
If you did not watch debate night for the VP’s you missed this bit on taxes and the economy.
What Is Great News for Normal People Is Bad News for the Media, and Leftist Politicians
The Bureau of Labor Statistics report for August says the U.S. economy is surging forward in strong recovery mode. September was more of the same. Sure 7.9% is not as pretty in comparison to the 3.5% rate in February. But that was before COVID-19 hit.