Headlines

“Weekly initial claims rose, but the low level suggests the labor market remains tight. Rapid price increases and aggressive Fed tightening remain major risks for the economic outlook.” ~ Robert Hughes

“AIER’s Everyday Price Index rose 0.7 in October, driven by gasoline and food prices. An aggressive Fed tightening cycle, consumer pessimism, and fallout from the Russian invasion of Ukraine remain threats to the economic…

"The economy is suffering enough under Biden’s overregulation, Congress’ overspending, and the Fed’s overprinting; the last thing it needs is another barrier to growth and organic competition." ~ Vance Ginn

The popular phrase, “speak truth to power,” implies that power is hostile to truth and that power might benefit from giving truth a hearing.

"At a time when we often not only forget that liberty is both America’s rationale and its greatness, but routinely violate it, Americans would profit from returning to Adams’ wisdom." ~ Gary M. Galles

"The best that can be said of Xi is that he values stability, and would not intentionally plunge China into anything like the chaos in which Mao thrived." ~ Doug Bandow

"Admirers of The Theory of Moral Sentiments range across academic and scholarly fields and disciplines, across countries and continents, and, most remarkably, across landscapes of political ideology." ~ Daniel B. Klein

My recent article on how the Federal Reserve creates money drew a lot of responses.