“Thank the Trump tariffs on imported washing machines, washing machine parts, steel, and aluminum for the largest three-month price increase—16.4% from February to May this year—in the 40-year history of the Bureau of Labor Statistics (BLS) series for Major Appliances: Laundry Equipment.”
“The year the Declaration of Independence was signed — 1776 — was the same year that saw the publication of Adam Smith’s famous treatise on economics, An Inquiry into the Nature and Causes of the Wealth of Nations. That is quite a coincidence, one that had enormous ramifications for liberty.”
Read more: https://www.fff.org/2018/07/03/the-revolutions-of-adam-smith-and-thomas-jefferson/
“At the end of the Korean War, both North and South Korea were poverty-ridden hellholes. But they took different routes. And got very different results.”
Read more: https://bonnerandpartners.com/trumps-trade-deals-are-a-futile-conceit/
“Millions of Americans are falling for a dangerous and destructive argument about the need for tariffs and other trade barriers.”
Read more: https://banyanhill.com/corporate-foreign-income/
“Government is the employer of first resort — even when it has nothing much for its employees to do. That’s part of a tacit agreement between ruling families and citizens.”
“New research adds to an increasing body of evidence that restricting opioid prescribing has not solved the opioid crisis but instead worsened it.”
Read more: https://stopthedrugwar.org/chronicle/2018/jun/16/making_matters_worse_deas_move
“Price increases are ‘clearly a result of antisocial behavior by participants in the industry,’ he said.”
“The cause of the most serious problems in Obamacare can be summarized in a single word: Dumping. Group plans are dumping their sickest, most costly enrollees on the individual market. Within that market, health plans are dumping their most costly enrollees on each other. And individuals are dumping costs on other individuals by waiting to insure until they get sick.”
“‘Law-abiding people’ must fear state surveillance because it makes it more more likely that they will become non-law-abiding without any change in their behavior.”
Read more: http://www.econlib.org/archives/2018/06/why_the_surveil.html
“Was it General Eisenhower who saw more clearly than any of us?”
Read more: https://bonnerandpartners.com/trumps-not-like-ike/