Economy Retail Sales Post Strong Gains in April by May 17, 2022 by May 17, 2022 Retail sales and food-services spending rose 0.9 percent in April following a 1.4 percent gain in March, with the increase from a year… 0 FacebookTwitterPinterestEmail
Economy Industrial Output Posts Fourth Consecutive Strong Gain by May 17, 2022 by May 17, 2022 Industrial production increased 1.1 percent in April following a 0.9 percent gain in March, a 1.0 percent increase in February, and an 0.8… 0 FacebookTwitterPinterestEmail
Economy Gun Control, States’ Rights, and Bernie Sanders by May 17, 2022 by May 17, 2022 American households are more likely to own a gun than a swimming pool, an electric car, or a pet cat. Pew Research data… 0 FacebookTwitterPinterestEmail
Economy Should the Fed Devalue Our Currency to Implement Negative Interest Rates? by May 17, 2022 by May 17, 2022 Reprinted from Alt-M In a thought-provoking article published by the IMF in April, Ruchir Agarwal and Miles Kimball argue for moving away from a… 0 FacebookTwitterPinterestEmail
Economy Reducing Unemployment Is Not a Free Lunch by May 17, 2022 by May 17, 2022 One of the fundamental lessons of Econ 101 is captured in the acronym TANSTAAFL (pronounced “tan-stah-full”): “There ain’t no such thing as a… 0 FacebookTwitterPinterestEmail
Economy A Musk Inspired Anti-ESG Takeover Wave? by May 16, 2022 by May 16, 2022 It’s fun to see memes suggesting that Elon Musk should buy Alphabet, Amazon, Coca Cola, Disney, Meta, Netflix, YouTube, and so forth, but… 0 FacebookTwitterPinterestEmail
Economy The Life of Democracy’s Interpreter by May 16, 2022 by May 16, 2022 Reprinted from Law & Liberty Given his family history and background, Alexis de Tocqueville had every reason to become a reactionary monarchist. Born… 0 FacebookTwitterPinterestEmail
Economy Income Distribution and Inequality by May 16, 2022 by May 16, 2022 Italian economist and engineer Vilfredo Pareto (1848-1923) conjectured that for any population, income naturally follows a log-normal distribution. The normal, or Gaussian distribution… 0 FacebookTwitterPinterestEmail
Economy Which Economists Should Have Gotten Nobels Before They Died? by May 15, 2022 by May 15, 2022 A colleague lent me George Stigler’s Memoirs of an Unregulated Economist, and the book has me thinking about economists who could have gotten… 0 FacebookTwitterPinterestEmail
Economy Book Review: Peter Ward’s ‘The Price of Immortality’ by May 15, 2022 by May 15, 2022 Reprinted from RealClearMarkets The late J.R. Richard was a Major League Baseball phenomenon of the 1970s for the Houston Astros. If the radar… 0 FacebookTwitterPinterestEmail
