The US Recovery Is Weak, Especially Given the Size of the “Stimulus”
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The United States: Hardly A Recovery
Thanks to the Fed, the High-Risk, Small-Time Borrower Is Becoming a Thing of the Past
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Banks and accounting trickery go together. Last year, as I remember back to my banking days, financial institutions followed the advice once proffered by one of our board members, “If we’re going to the dump, let’s take a full load.”
An Austrian Critique of Robert Mundell’s “Impossible Trinity”
Robert Mundell, winner of the Economics Nobel in 1999, recently passed away at the age of eighty-eight. As many of the obituaries have explained, Mundell is considered the intellectual father of the euro and was associated with the supply-side revolution in economics in the early 1980s.
Why Empowering Organized Labor Will Definitely Not Help the Economy
Paul Krugman has a very prominent perch from the editorial page at the New York Times and he has used his influence, among other things, to shill for two things that are anathema to a strong economy: inflation and organized labor. My analysis examines what Krugman says about labor unions and explains why once again his economic prognostications are off base.
Supreme Court Reforms? Ask America’s First Homegrown Legal Philosopher
President Biden has just appointed a commission to study Supreme Court reform. However, I noticed that no one seems to be talking about reform to mean “re-form to better reflect the Constitution than under current precedents and interpretation,” reflected in the notable paucity of defenders of the Constitution as understood at the time it was adopted. That is why the commission could use some guidance from James Wilson for insight.
Not Even Gretchen Whitmer Wants More of the CDC’s Lockdowns
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The US state with the fastest growing covid-19 caseload is a state that has experienced some of the harshest and longest lockdowns and covid restrictions: Michigan.
Texas Ended Lockdowns and Mask Mandates. Now Locked-Down States Are Where Covid Is Growing Most
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Early last month, Texas governor Greg Abbott announced he would end the state’s mask mandate and allow most businesses to function at 100 percent capacity.
The Left Understands Taxation Is Theft, That’s Why They Support It
George Floyd and Generalized Justice
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Minneapolis police officer Derek Chauvin was tried for the crime of second-degree unintentional murder under Minnesota law. The essential questions of fact for the jury were whether Chauvin actually caused George Floyd’s death, and whether he did so while committing a felony offense with force. Quoted below is the relevant Minnesota criminal statute: