04/09/2021
Today Jeb Bush, CNN America doesn't have a jobs problem. It has a pathways-to-jobs problem. Our economy is producing jobs -- there were 7.4 million open jobs as of February in the midst of a pandemic -- but our education system isn't preparing people to fill those jobs. |
Ryan Cooper, The Week Billionaires who want to ... raise their own taxes? |
Rick Geddes, RCM The announced goal of the Biden's administration newly released plan to spend over $2.3 trillion to improve America's aging physical infrastructure seems laudable. However, upon closer inspection, many of the assorted activities included in the proposed legislation will go to projects not defined as infrastructure. "Less than 6% of this massive proposal goes to roads and bridges," according to Senator Mitch McConnell (R-KY). Worse yet, the proposal sharply increases corporate taxes to cover the plan's massive cost while ruling out higher fuel taxes or mileage-based user fees. It abandons the... |
Brad Bannon, The Hill President Biden's big bet is that if he solves the two biggest problems plaguing the nation — the COVID-19 pandemic and the economic crisis — voters will likely reward him in the midterm elections. |
Brian Johnson, RCM President Biden recently proposed a massive infrastructure package, The American Jobs Plan, which will be funded by the Administration's Made in America Tax Plan. There are a lot of policy goals outlined in this proposal that will create jobs in certain sectors and move the country toward an economy the President has repeatedly stated he supports over the current one we have now. An economy and tax code that chooses specific jobs over others. A claim that, with respect to energy policy, he has made multiple times on the campaign trail, and an economy that provides tax incentives to keep... |
Veronique de Rugy, The American Spectator "A crony anti-infrastructure plan" is, sadly, the best description of the Biden administration's proposed $2.3 trillion infrastructure plan. |
Jonathan Chait, New York Magazine They expected to be off moral probation after Trump. Then came Georgia. |
Samuel Gregg, Law & Liberty Contributing Editor Sam Gregg reviews Benjamin Friedman's Religion and the Rise of Capitalism. |
Geoff Williams, U.S. News & World Report |
Jeff Snider, RCM Always, always the interest rate fallacy. Like last week my examination of Economics tardily discovering interesting and key facts on collateral in the world's primary monetary arrangements, there's some (very slight) movement in the direction of solving the related "puzzle" over persistently low rates. These are textbook stimulus yet the world hasn't reacted to them at all in the way predicted. This has been a long-sought problem, an unforced error in the forced transition from money-based understanding to expectations-based manipulation central banks had begun by default half a century ago.... |
Emily Jashinsky, The Federalist The "one-size-fits-all" response to the pandemic did nothing but destroy the economy, said author John Tamny on the Federalist Radio Hour. |
Tom Palmer, FEE The captain of the ship that blocked the Suez canal for six days deserves an award. In mere minutes, he did what protectionists have been struggling to do for decades. |
Chris Edwards, Cato Institute Nations competing to have better policy is not a zero‐sum game. |
Carrie Schwab-Pomerantz, Charles Schwab When it comes to maintaining good credit, don't let myths and misconceptions fool you into bad decisions. |
Bret Swanson, American Enterprise Institute |
Richard Moody, Regions Bank |
Market Minder, Fisher The latest data are fueling rather rosy expectations for the US economy. Take it with a big grain of salt. |
Dan Mitchell, International Liberty Way back in 2007, I narrated this video to explain why tax competition is very desirable because politicians are likely to overtax and overspend ("Goldfish Government") if they think ta… |
Solomon Teller, Green Harvest Asset Management |
Andrew Wilford, Reason Corporations get attacked for not paying taxes in a certain year, but they're just spreading out their losses. |
Allison Schrager, CJ If President Biden really wants to raise revenue, there are better ways to do it. |
Gregg Wolper, MStar IVA had an auspicious launch, an unusual life, and a startling end. |
Ben Carlson, A Wealth Of Common Sense There's no question residential real estate in the United States is on fire. The latest Case-Shiller Index data showed an 11% year-over-year increase:And this data is only through January. |
Caleb Watney, Agglomerations We need to rapidly expand vaccine manufacturing around the world — are IP suspensions the best way to do it? |
Editors, OilPrice.com Rio Tinto has kicked off lithium production from waste rock at a plant located at a borates mine it controls in California |
Eric Posner, Project Syndicate The NCAA is asking the US Supreme Court to endorse the fiction that it is preserving amateurism in athletics, rather than presiding over a profitable scheme of labor exploitation. But the fact is that the NCAA's behavior in any other part of the economy would be illegal. |
Susan Dziubinski, Morningstar Here are our analysts' top ideas in each sector for the coming quarter. |
Peter Suderman, Reason When everything's infrastructure, nothing is. |
Eilene Zimmerman, NY Times When life is disrupted by crisis, some people see opportunities — for change, action, introspection — they might not otherwise. |
Jim O'Neill, Project Syndicate After last year's economic collapse, the prospects for a strong cyclical recovery have always been strong. And judging by a series of must-watch high-frequency indicators, the long-awaited boom has arrived and seems likely to continue building – at least in the near term. |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
John Timmer, Ars Technica Across many experiments, participants tried to fix problems by adding stuff. |
David Merkel, The Aleph Blog Our culture thinks prosperity is its birthright, and so we incur many debts. |
Michelle Celarier, Institutional Investor Jim Chanos' Kynikos Associates and Jim Carruthers' Sophos Capital got much smaller in 2020, according to new regulatory filings. |
Jerusalem Demsas, Vox Housing prices are out of control. Biden's infrastructure bill could be the first step — of many — to changing that. |
Gordon Corera, BBC News Their predictions include growing uncertainty and instability, and more polarisation and populism. |
Macromon, Global Macro Monitor How much does it take to get US GDP back to its pre-COVID level? |
Joel Zinberg, City Journal An idea whose time may never come |
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