03/18/2021
Today

Why Is Today's Econ Journalism So Unrelentingly Bad?

Jeff Deist, Mises Institute

Niall Ferguson holds a PhD in philosophy from Oxford, taught history at Harvard and NYU, and wrote perhaps the definitive biography of Henry Kissinger. So, naturally, Bloomberg hired him to write on economics.

Biden's Muscular Stimulus Reveals the Power of Bernie

Jeet Heer, The Nation

The stimulus bill shows how much Sanders has changed the Democratic Party on domestic policy. Foreign policy is the next hurdle.

Berenstain Bears Could Curb 'Stimulus' Crowd's Enthusiasm

John Tamny, RCM

"Besides," added Papa, "sometimes the price of things goes up, like gas. The price of gas for our car went up twenty cents just last week! Maybe the same thing happens with teeth." - Jan & Mike Berenstain, The Berenstain Bears and the Tooth Fairy, p. 8 Sister Bear has just lost a tooth. It had been loose for a time, and it finally came out in this children's book series about first experiences. Mama and Papa Bear tell her to put the tooth under her pillow so that the Tooth Fairy can replace it with money. There's quite a bit of economic learning that can be had from this simple story. It's...

Biden 'Rescue' Animated by Blind Faith In Govt Spending

James Bovard, AIER

In the Biden era, federal competence has been defined down to mailing government checks to people who didn't earn them to buy votes for politicians who don't deserve them. AWashington Post headline whooped that Biden's American Rescue Plan Act "showers money on Americans, sharply cutting poverty and favoring individuals over businesses." On Monday, President Biden boasted of "100 million shots in people's arms" and "100 million checks in people's pockets" in the next ten days. The Biden administration is launching a nationwide "Help is Here" victory tour promoting its achievements.

Why Won't the Right Support Biden In Helping Poor?

Dean Obeidallah, MSNBC

Why did most Republicans vote against Biden's $1.9 billion Covid-19 relief bill?

How Biden's Climate Directives Could Cool Coastal Housing

Paul Brandus, MW

Under the new president, it could get more expensive to live in Florida and other areas besieged by rising temperatures and tides.

Higher Mortgage Rates Not Yet Cooling Hot Housing Mkt.

Paul La Monica, CNN

Mortgage rates have been steadily rising this year, but that doesn't seem to be slowing demand for housing â?" yet.

Don't Be Fooled About Who Will Pay for Biden Taxes

Editorial, Issues & Insights

Raising taxes on the wealthy has a way of backfiring. Why? It leads to lower wages and fewer jobs for those who need them most.

Biden Mimics Trump Economic Policies

Veronique de Rugy, The American Spectator

Trump is gone, but realize that many of his policies are still firmly in place in the Biden administration.

Define Net Neutrality, Then Write the Rules

Harold Furchtgott-Roth & Kirk Arner, RCM

On the campaign trail, the Biden campaign voiced its support for network neutrality—"net neutrality" for short. The topic has resurfaced in recent weeks and months thanks to a few key events. These include the appointment of a new acting FCC chairwoman, the DOJ dropping a lawsuit against the state of California, and Biden's choice of Tim Wu, the so-called "father of net neutrality," for a National Economic Council role. How exactly will the Biden administration act on the issue of net neutrality? How will these decisions affect AT&T, Verizon, T-Mobile, Comcast, Charter, and countless...

Manufacturing Not Coming Back. Make Health Jobs Great.

Gabriel Winant, NYT

Health care workers are crucial to our society, yet we reward them with low wages and dangerous conditions.

How Elon Musk Wants to Fix TX's NRG Grid

Mark Whittington, Washington Examiner

Since the deep freeze that brought down the Texas energy grid, causing millions of Texans to freeze in the dark, a variety of fixes have been proposed to ensure that such an event never happens again.

Residential Construction: A Pause, Not An End

Richard Moody, Regions Bank

Back to Future of FI: Search for Income

Adam Phillips, BMO Global Asset Management

Timing the End of the Tech and Bitcoin Manias

Martin Pring, Pring.com

A bubble develops when the price of an asset, such as a stock or commodity, has been advancing for many years. The process culminates with an almost exponential rise that push prices to levels that cannot be sustained by the underlying fundamentals, eventually resulting in exhaustion and the bubble bursting.

One Way to Look at Inflation

Brian Wesbury & Robert Stein, First Trust Advisors

February Retail Stumble Won't Derail Robust Q1

Richard Moody, Regions Bank

A Budget Plan for the Next New York City Mayor

Steven Malanga, Manhattan Institute

New York City Mayor Bill de Blasio took office amid an economic expansion and immediately increased spendingâ?"granting raises to tens of thousands of workers, adding new programs, and increasing the size of the city workforce by tens of thousands of new positions. He will leave office amid a...

Data This Week Could Be More Noise Than Signal

Richard Moody, Regions Bank

Comparing Joblessness: Free vs. Locked Down States

Jordan Schachtel, AIER

The economic results of America's ongoing experiment with COVID-19 top-down authoritarianism are in, and they provided for the clearest picture to date about the very real, devastating side effects of lockdowns.

There Are Better Ways To Offer Income Guarantees

Bryce Covert, New York Times

There are better ways to follow the Rev. Dr. Martin Luther King Jr.'s call for a guaranteed income.

What Follows Stimulus Fueled Short-Term Boom?

Vivekanand Jayakumar, The Hill

There are a few serious headwinds that are likely to pose a threat to the US economy, especially over the medium to long run.

Misguided Big Tech Antitrust Efforts Hurt Consumers

Will Hild, Washington Times

In what has become an increasingly rare occurrence, there appears to be growing bipartisan consensus forming that America's "Big Tech" industry needs regulatory reform.

What to Know About the $3,000 Child Tax Credit

Maryalene LaPonsie, U.S. News

Here's what you should know about the new tax credit.

What a Corporate Tax Hike Could Mean for U.S.

Dan Mitchell, International Liberty

Thanks to globalization (as opposed to globalism), jobs and investment are now very mobile. This means the costs of bad policy are higher than ever before, and it also means the benefits of good policy are higher than ever before. Which is why it's very useful to look at various competitiveness rankings, most notably the?

The Virus Won't End Movie Theaters, But It May Change Them

Bill Carter, CNN

Are the movies over?

Time for Truth About Lockdowns

Edward Stringham, Am. Institute for Economic Research

One year ago, between March 13 and 16, 2020, began what most of us would agree were the most difficult days of our lives. We thought our rights and liberties were more or less secure or could only be hobbled on the margin. We took certain things for granted, such as that our governments would not - and could not - order us to stay home, close most businesses and schools, shut down travel, padlock churches and concert halls, cancel events, much less lock down society in the name of virus control.

Rumors of Treasury Demand's Demise Exaggerated

Market Minder, Fisher Investments

This week's successful bond auctions suggest rumors of Treasury demand's demise are greatly exaggerated.

Biden Relief Plan Isn't Wasteful, It's New Start for America

Jennifer Horn, USA Today

Finally, in Joe Biden, we have a president who cares. "I know it's been hard. I truly know," he said, reflecting on a year of loss of both life and living. "I will not relent until we beat this virus, but I need you, the American people. I need you. I need every American to do their part, and that's not hyperbole."

What Fate Awaits President Biden's 1-Year Child Tax Credit?

Ira Stoll, New York Sun

No sooner had the ink dried on the American Rescue Plan Act signed into law by President Biden than calls began to make permanent the expanded child tax credit that the law provides as a one-year emergency measure for 2021.

Who Is Making Sure the A.I. Machines Aren't Racist?

Cade Metz, The New York Times

When Google forced out two well-known artificial intelligence experts, a long-simmering research controversy burst into the open.

Fisher Investments on Election-Year Uncertainty: This, Too, Shall Pass

Fisher Investments Editorial Staff, Fisher Investments

Ken Fisher on Nixing the VIX

Fisher Investments Editorial Staff, Fisher Investments

Will Uncle Sam Force Big Tech to Break Up?

Fisher Investments Editorial Staff, Fisher Investments

Shattering the Debt Ceiling Myth

Fisher Investments Editorial Staff, Fisher Investments

Biden's Corporate Tax Hike Would Cost Jobs & Growth

Eric Boehm, Reason

The White House is reportedly considering hiking the corporate income tax to 28 percent and raising individual income taxes on high earners to pay for more federal spending.

Bill Bernstein on The "Wisdom" of Crowds

Christine Benz, Morningstar

The author and financial advisor on popular mass delusions and whether we're in a bubble.

Is Quality on Sale?

Jack Forehand, Validea

The rise of high quality within value

When All News Is Good News

Charlie Bilello, Compound Advisors

What a difference a year makes.

The Renewable Shift From Carbon To Metals

Frances Coppola, Coppola Comment

The world is transitioning from a carbon-intensive to a metals-intensive economy.

Banks Need To Be Freed From Fed Deposits

Robert McCauley, FT Alphaville

A deadline approaches for bank leverage.

Token Citizens of the World, Decentralise!

Izabella Kaminska, FT Alphaville

Is this how liberty dies? With the transparent tokenisation of people?
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