Headlines
Economic Development Deals Are a Curse, Not a Blessing
"Bribing businesses to locate in your state is not free enterprise; it’s a form of cronyism. It turns what should be a competitive process between firms into a political competition between states. The first step toward…
DC’s Dim-Witted Lightbulb Moment
"In Mercantilist Europe, and in the ever-murkier swamps of Washington, DC, cozy relations between industry and government result in such price-fixing contrivances and anti-public conspiracies being issued by regulation…
The Politics of Banking: The Story of Silicon Valley Bank
In this video, we take a closer look at the collapse of Silicon Valley Bank (SVB), which was one of the banks that went down during the ongoing banking crisis. SVB was a politically correct and extremely diverse operation…
Fed Raises Rate, But Signals Potential Pause in May
"In 2021 they were looking for help from recovering supply chains. Now, they are looking for help from tight financial markets. It’s time FOMC members help themselves — or, God help us all." ~ William J. Luther
Moral hazard is a fact of life. The Fed should focus on inflation.
"To the shame of two generations of economists-turned-policy-advisors, moral hazard is a fact of life. We don’t need to add permanent dollar depreciation to this mess." ~ Alexander William Salter
The ATF Expansion of the Gun Registry Turns Law-Abiding Gun Owners into Felons
The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has followed through on their plan to turn millions of lawful gun owners into felons in the name of "public safety" by reclassifying pistols with…
Tennis Star Novak Djokovic Forced to Withdraw From Miami Open Due to U.S. Vaccination Requirements for Foreign Travelers
The world’s top tennis player—currently ranked #1—Novak Djokovic of Serbia was deported from the Australian Open in 2022 because he was not vaccinated. Then again, he was forced to withdraw from the Indian Wells Open (located…
Liberalism Needs No Enemies
"Minds can be creative or destructive. Be right-minded. Stop justifying grievances. Embrace liberalism. Value voluntary cooperation; as you help others flourish, you will flourish." ~ Barry Brownstein
What Even Is a Non-profit?
For Ask an Economist this week I have a question from Hal who asks, “What is the difference between a 'non-profit' and a ‘not for profit'?” In order to address this question, I think it’s important to discuss…
Business Conditions Monthly March 2023
"The AIER Leading Indicator remained essentially neutral in February 2023, maintaining the level of 58 from the previous month. Our Roughly Coincident Indicator rose from 50 to 92 in February 2023, with the Lagging…
