“In general, states that were still closed on May 9 had the highest average insured unemployment rates relative to the average for that same group on March 1. The unemployment rate of fully locked down states was at least double than states that had no formal lockdown.” ~ Abigail … | Continue reading
“Distributing EIP cards instead of checks should reduce the government’s costs of paying relief, speed up the payments pipeline, and provide Americans with a cheaper way of accessing funds than going to check cashing outlets.” ~ J.P. Konig | Continue reading
“The real problem is epistemic: who is to decide what is normal, mild, moderate, or severe pandemic? Leave that decision to politicians and bureaucrats, and you have a problem. They do not know, and, as we’ve seen, immediately adopt the most extreme measures and go beyond them.” … | Continue reading
So far as anyone can tell, the intellectual machinery that made this mess was invented 14 years ago, and not by epidemiologists but by computer-simulation modelers. It was adopted not by experienced doctors – they warned ferociously against it – but by politicians. | Continue reading
In the course of their press conference, they addressed the question of whether or not California should have shut down much of its economy. Their answer is no. They conclude with the need to open up immediately, on grounds of health and human rights. | Continue reading
America has implemented a lot of really bad policies since the New Deal and fought needless wars and endured long, senseless occupations of places like the Philippines and Afghanistan. But at least all those policies were vaguely constitutional. The economic lockdowns, by contras … | Continue reading
"I think people in the United States and maybe other countries as well are more docile than they should be. People should talk with their politicians, question them, ask them to explain, because if people don’t stand up to their rights, their rights will be forgotten." | Continue reading
The response of Swedish society has been pretty remarkable: do your part. Help your loved ones and your local business owners. Trust those who know what they’re doing. Be mindful of others – and don’t sacrifice economic well-being at the altar of extreme disease control. Work The … | Continue reading
What’s the better for dealing with pandemic disease: martial-law quarantines imposed by the state or keeping society open while trusting individuals, families, and communities to make intelligent decisions? | Continue reading
These regulations have caused an infuriating and devastating degradation of the quality of appliances and the quality of life in our homes. | Continue reading
We should never take the victories of previous generations of liberals for granted. Free movement is one of those. | Continue reading
The legend of the twenty-something business wunderkind is everywhere in pop culture. Here’s the problem. The data are in. It turns out that the whole thing is a gigantic myth. | Continue reading
By Michael Munger | You can kill the process of innovation, and harm the very workers you think you are trying to help. California has made a terrible mistake. | Continue reading
By Michael Munger | If you care about the environment, you should put your bottles and other glass in the regular garbage, every time. | Continue reading
By Steve H. Hanke | Today’s currency war with China promises to deliver what currency wars always deliver: instability and uncertainty. | Continue reading
By Stephen Davies | "The idea of meritocracy requires a totalitarian state if you are going to take it seriously." ~ Stephen Davies | Continue reading
By Michael Munger | If nuclear power is cheap, clean, and efficient, of course, that spells trouble for traditional fossil fuel producers and users. | Continue reading
By Nicolás Cachanosky | The consequences of proposed exit strategies deserve serious attention. Schnabl’s work is a step in the right direction. | Continue reading
By Jeffrey A. Tucker | There is no chance of finally censoring the future with any of the tools that molded the past. It’s done, that great migration from a things-based economy regulated by the state to an idea-based economy regulated only by the choices of the individuals that … | Continue reading
The era of monetary cosmopolitanism was brief. But its effect on human welfare was enormous. | Continue reading