10/28/2020
Today Donald Boudreaux, American Institute for Economic Research At my blog, Café Hayek, I recently posted several entries in opposition to the Covid-19 lockdowns specifically, and, more generally, to Covid-caused hysteria. These posts sparked negative reaction in the comments section and in my email box. This negative reaction is, I think, unwarranted. Unwarranted Faith Among the most frustrating features of the pro-lockdown argument is the blind faith that those who make it place in the politicians who issue the orders and oversee the enforcement. This frustration is hyper-charged when such faith is displayed by classical... |
Ryan Cooper, The Week Official site of The Week Magazine, offering commentary and analysis of the day's breaking news and current events as well as arts, entertainment, people and gossip, and political cartoons. |
Paul Krugman, New York Times The president plays the climate-denial playbook on a pandemic. |
John Tamny, RCM The Great Brain is an excellent collection of children’s books that was written by John D. Fitzgerald, and was said to be loosely based on his life growing up in Adenville, UT. Tom is the “Great Brain” in possession of remarkable skills when it comes to making money while helping out other kids in his somewhat idyllic, early 1900s world. Early 1900s is instructive because in Tom’s family, illness is a family affair. If one brother gets sick, they all do. By design. Translated for readers who probably don’t need it, “herd immunity” is a very old... |
Christopher Ingraham, Washington Post The rising 401(k) balances so often cheered by President Trump are virtually meaningless to most Americans, data show. |
Market Minder, FI For the campaign's home stretch, we bring you some FAQs. |
Paul La Monica, CNN Washington will need to spend more to combat the coroanvirus pandemic -- regardless of who wins next week's presidential election. But the good news for either President Trump or Joe Biden is that interest rates are likely to remain incredibly low. |
Benjamin Zycher, RCM I betray no secret when I note that Donald Trump is not a man of policy sophistication. It is obvious that he is uninterested even in details that are crucial; instead, he goes with his “gut,” that is, his instincts, which often are sound but sometimes are dreadful. And despite, or perhaps due to, almost five decades in the Beltway, Joe Biden is not a man driven by central principles; instead, it is reasonable to hypothesize that he believes whatever he has heard from whomever he has spoken with last. Nonetheless, the second presidential... |
Michal Barzuza & Quinn Curtis & David Webber, Hill As much as $30 trillion is at stake in the fight to manage Millennial wealth. |
Mark Mills, The Daily Caller The Green New Deal has at its core an impossibility in physics: the idea of "free" and "renewable" energy. |
Ryan Ellis, Washington Examiner Pretend it's April 2021. President Joe Biden, House Speaker Nancy Pelosi, and Senate Majority Leader Chuck Schumer are putting the finishing touches on the conference report for H.R. 1, the "COVID Emergency Relief Reconciliation Act of 2021," which everyone on Capitol Hill calls by its acronym, "CERRA." It only requires a bare-majority, party-line vote in both chambers (without resorting to any Senate nuclear options), since Democrats have chosen to use budget reconciliation rules. Because CERRA raises tax revenue outside the budget window, all of its tax increases are permanent law. Using... |
Michela Tindera, Forbes Regardless of what happens with his casino empire, the 87-year-old billionaire has more than enough cash to remain one of the biggest political donors in the country. |
Brian Wesbury & Robert Stein, First Trust Advisors |
Solomon Teller, Green Harvest Asset Management |
Ryan Detrick & Nick Pergakis, LPL Financial Research |
Market Minder, Fisher Investments A rundown of tax information to help you organize your thoughts as this tax year nears its end. |
Kathy Jones, Charles Schwab Given current low yields, some investors wonder whether bonds can continue to provide diversification in a portfolio. Here's why those fears may be overblown. |
Richard Moody, Regions Bank |
Bret Swanson, American Enterprise Institute Surprisingly successful spectrum policy. |
Stephen Moore, RealClearMarkets President Trump promised Americans lower drug prices and in some areas drug price inflation has come down. Under Obama prices rose by more than 50% according to White House statistics. But Americans are still demanding lower prices. How do we achieve that without slowing the innovation process that leads to new life saving drugs and vaccines? The administration is now moving forward with its years-long effort to implement an international pricing index (IPI) for prescription drugs. This time, it includes a “most-favored nation” (MFN) provision that would implement even stricter... |
Anneken Tappe, CNN The government's third-quarter GDP report, released this Thursday, is expected to show the economy partially rebounded from coronavirus lockdowns in the summer months. But economists warn, it's not as impressive as it may sound. |
Marc Busch, The Hill Legal arguments about the nexus between tariffs and foreign policy goals have been sharpened over the past 18 months, both at home and in Geneva. |
Ellora Derenoncourt & Claire Montialoux, NYT Diversity and inclusion programs for elites are tokens. A large wage increase that would most benefit the Black working class is far better. |
Tyler Cowen, American Institute for Economic Research I criticized (here and here) a recent article that Tyler Cowen wrote in Bloomberg about COVID-19 and lockdowns. Last week he doubled down by raising the issue of the elderly. The title fits his theme, is “Yes, Covid-19 Is More Serious for the Elderly. So What?” |
Jessica Guynn, USA Today Relocating during COVID-19? Pulling up stakes could come with a substantial pay cut. With the pandemic upending office life, some employees working remotely are contemplating moves from densely packed cities to less costly and greener destinations where they can be closer to family or fresh air. |
Robert Daugherty, Forbes University Where does entrepreneurship go from here? |
Sam Swenson, Motley Fool Creating a financial plan involves a blend of evaluating your tolerance for risk, gauging your relevant time horizon, and developing personal goals. If we've learned anything over the past several months, it's that having cash available is not only preferred, but also an absolute necessity. At the same time, we're all faced with the challenge of saving for retirement – the longer you wait to begin investing, the more you'll need to save down the line to reach levels high enough to retire. With these competing priorities at hand, it's valuable to think about the different considerations... |
Patricia Cohen, New York Times The president has shifted the way both parties talk about trade, immigration and deficits â?" and despite dismal economic news, many voters still reward him for it. |
Naomi Jagoda, Hill Businesses and wealthy individuals are preparing for the potential for former Vice President Joe... |
Editorial, New York Post Rents are collapsing while vacancy rates soar citywide. This is clearly the time to finally free NYC from its unjust, destructive rent laws. That way, at least one good thing would come from this pestilence of a pandemic. |
Wayne Brough, American Institute for Economic Research fter more than a yearlong investigation into America’s largest tech companies, Reps. Jerrold Nadler (D-N.Y.) and David Cicilline (D-R.I.) finally released the long-awaited House Judiciary’s Majority Staff Report on antitrust. Not surprisingly, the report calls for substantial new oversight and stringent antitrust enforcement by both the Department of Justice and the Federal Trade Commission. While offering few new empirical demonstrations of economic harm, it calls for remaking the nation’s antitrust laws out of whole cloth. This includes abandoning the... |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Fisher Investments Editorial Staff, Fisher Investments |
Ben Hunt, Epsilon Theory Three weeks ago, I didn’t see a narrative path for Trump to win a turnout-based election hinging on four or five swing states. Today I do. It’s the same funny feeling I got in 2016, but with a twist. |
David Kopel, Quillette "When people are free to do as they please, they usually imitate each other." â?" Eric Hoffer, 1955 We are the company we keep. Although our beliefs and actions are personal, they are often heavily a? |
Nick Gillespie, Reason The former vice president's vision of an all-powerful government goes far beyond massive spending and tax hikes. |
Izabella Kaminska, FT Alphaville Beware of Chinese central bankers bearing frictionless and cheap CBDC payment gifts. |
John Rekenthaler, Morningstar Why is a balanced fund 60% stocks and 40% bonds? Is that the ideal portfolio? |
Barry Ritholtz, The Big Picture Low interest rates and COVID have pushed up suburban house prices. |
Ashby Daniels, Retirement Field Guide A rant about perma-bears. |
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