Headlines

"The media’s incentive is to tell us the portion of the truth that is entertaining. And what we have demonstrated by our behavior is that bad news entertains us." ~ Antony Davies

You don’t hear much about “call-out culture” anymore.

"Here’s a pop quiz. Some questions are conceptual, others ask about particular facts. The correct answers are supplied at the end. (But don’t cheat by peeking beforehand at the answers!) Good luck!" ~ Donald J. Boudreaux

This week I have a question from Ryan who asks about economic development in America.

"I would keep my eye on the LEI (and AIER’s equivalent) but pay special attention to the manufacturing variables. Outside of the LEI, I would also carefully watch real wage trends and its downstream knockoffs (credit…

"Without a symmetric response to deviations from the target, the Fed’s so-called average inflation target will not produce 2 percent inflation on average. Instead, it will tend to produce inflation that exceeds 2…

"AIER's Everyday Price rose 0.93 percent in January, following a decline of 1.3 percent in December 2022. Some persistently high and rising prices amid a slowing and uneven deflation is likely to raise the…

"Student borrowers will pay substantially less than before. The Department justifies this by saying that many are struggling with their loan repayments. Some are, but why should the government shield them from the…

"The long-documented black/white differences in returns from schooling, which are similar to those observed between French and English speakers in Quebec pre-1940, could begin to recede." ~ Vincent Geloso

We are living in dark times.