At the end of the Constitutional Convention, when Benjamin Franklin was asked what form of government the delegates had given America, he said, “A Republic, if you can keep it.” […]
Tag: Daily Economy
A Cooler Assessment of Heatwave Deaths
“Lawn watering banned: mercury 101.3” read one Toronto newspaper. “Heat kills 100 Twin Citians” titled a St-Paul newspaper. These titles are not from the current heavily discussed heatwave. They are […]
When the Turmoil Subsides, We Will Be Living Differently
I have been in only one big earthquake. It was years ago in Izmir, Turkey. As I was standing in the garden of my hotel, the ground underfoot was sloshing […]
Five Negative Consequences of Price Ceilings
No government intervention into a market economy is as certain to do damage as price controls. Market prices make possible the successful, productive coordination of the efforts of countless specialized […]
Gun Control, States’ Rights, and Bernie Sanders
American households are more likely to own a gun than a swimming pool, an electric car, or a pet cat. Pew Research data show that roughly one-third of Americans own […]
Services-Sector Survey Suggests Continued Price Pressures and Perhaps Some Weakening in Demand
The Institute for Supply Management’s composite services index decreased to 57.1 percent in April, falling 1.2 points from 58.3 percent in the prior month. The index remains above neutral and […]
Justifying Liberalism in Singapore
The Heritage Foundation’s Index of Economic Freedom rated Singapore as the most economically free country globally. Further, Transparency International ranked it as being in the top ten of least corrupt […]
Ideas Shaped the Words That Made the Modern World
For anyone who hasn’t read Deirdre McCloskey’s voluminous Bourgeois trilogy, I invite you to look at it and seriously consider her arguments. To summarize her account (I promise I’m not […]
Back in the USSR
Clifford Thies provides his top-ten list of Cold War songs, and it is a treat. But it is more than delightful. It’s a knockout. When I discovered the list, I […]
The Case for Paying College Athletes
St. Peter’s University’s run of upsets wasn’t the only storyline from this year’s March Madness tournament. The other is that the Memphis Tigers men’s basketball team is in trouble for allegedly paying […]