China’s leaders are flailing as markets drop
In recent weeks, China’s economic policymaking has been not just inadequate but a little skittish. On January 23rd draft rules on video games disappeared from the regulator’s website a month after their appearance, as if they had never existed. The regulations, which would have sprinkled games with pop-up warnings against “irrational consumption behaviour”, had triggered […]
Unseen Innovation | AIER
A modern kitchen is filled with little-noticed market miracles. Classical liberals have known since the time of Adam Smith that the market’s biggest failure, by far, is its propensity to keep many of its beneficial consequences hidden or camouflaged. This market failure ensures that ordinary people simultaneously underestimate the market’s achievements as they overestimate the […]
Bitcoin ETFs are off to a bad start. Will things improve?
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. The path to approval for the first bitcoin exchange-traded funds (etfs) was long and arduous. Applications appeared before regulators in 2013, when the price of a bitcoin was just shy of $100 and nobody had […]
Biden’s chances of re-election are better than they appear
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. AMERICANS HAVE not been impressed by President Joe Biden’s handling of the economy. In fact, according to polling averages, nearly 60% disapprove of it. Meanwhile, Donald Trump’s ratings on economic matters are considerably better. The gap […]
Recent EconLog Posts and Old EconTalk Podcasts
It’s been said there is nothing new under the sun. I don’t know if that’s exactly true, but still, much of what’s discussed today can be seen in past discussions as well. Recently, a memory fired off in my brain reminding me of an EconTalk podcast from 2008 that touched on two themes I’ve posted […]
2:00PM Water Cooler 1/31/2024 | naked capitalism
By Lambert Strether of Corrente. Bird Song of the Day Northern Shrike, Chemin Bradley, St-Armand, Brome-Missisquoi, Quebec, Canada. * * * Politics “So many of the social reactions that strike us as psychological are in fact a rational management of symbolic capital.” –Pierre Bourdieu, Classification Struggles The Constitutional Order (Invasion) “Election Countdown, 282 Days to […]
