Headlines

“Headline real GDP growth was revised higher in the third quarter, but domestic demand growth remained soft. Caution is warranted.” ~ Robert Hughes

Henry Hazlitt was not an economics professor.

"Theorizing usefully about trade and other economic phenomena isn’t especially difficult, but doing so does indeed require care, wisdom, and humility." ~ Donald J. Boudreaux

One of the most popular and fastest-growing educational trends today is microschooling.

"Risky Business will appeal to readers more interested in selection markets than in real-world insurance products, and to people with a high tolerance for ahistorical assumptions about the need for detailed insurance…

“Existing-home sales fell again in November as reduced affordability pushes buyers out of the market. The outlook for housing remains unfavorable.” ~ Robert Hughes

“Consumer confidence rebounded in December, but consumer expectations remain at recessionary levels. An aggressive Fed tightening cycle, elevated price pressures, and the fallout from the Russian war in Ukraine remain risks…

"Suppressing people’s votes in the marketplace for the benefit of those who think themselves entitled to a comfortable life at another’s expense, or for those who really know what is good for other people, does not help…

"No matter what virtue-signalers claim, we would be shooting ourselves in the foot by trying to mitigate the effects of industry on the environment by reversing technological advancement." ~ Jason Reed

There’s nothing like the Christmas season: sparkling trees, family gatherings, hot cocoa, red noses, snowflakes, sledding, snacks, and, of course, deadweight losses.