Commentary I recently led a group of about 100 citizens to tour Israel for nearly two weeks. Before returning to the United States, all participants had to indicate their vaccination status and take a COVID-19 test for reentry. Anxieties swept the group as Israeli testers swabbed them. Anyone testing positive would have to delay his…
This Is How Prosperity Dies
News Analysis Now that the lockdown, mask, and mandate wars have died down, I’m getting calls from friends who two years ago cut me off because of my writings and views. They are also looking for insight into the unfolding economic chaos around them. And of course they want some insight into how best to…
Foreign Investors Dumping the Yuan and Fleeing China
Commentary China’s COVID-19 lockdowns and rate cuts are driving down the yuan and exacerbating foreign capital outflow. “Uncertainty is really the keyword, because there’s no view, no outlook about how long this could last, and what will be next after Shanghai,” Massimo Bagnasco, vice president of the European Union Chamber of Commerce in China, told…
‘Mountain’ of Long-Lasting Harm From COVID Policies vs. ‘Mole Heap’ of Benefit: Economics Professor
At the start of the pandemic, professor of Wellbeing Economics at the London School of Economics and co-author of the book “The Great COVID Panic” Dr. Paul Frijters, saw that governments’ response to COVID-19 did not match the level of lethality of the virus and decided to develop a method to quantify the harm government…
UK Economy Will Stagnate Next Year, OECD Predicts
The UK’s economy is growing more slowly than expected in 2022 and will grind to a halt next year, the Organisation for Economic Co-operation and Development (OECD) has predicted. The international organisation projected that UK GDP (gross domestic product) will grow by 3.64 percent this year, a significant downgrade from the 4.75 percent growth it…
An Inside Look at the ‘Zero-COVID’ Lockdowns in China
Commentary State-run Chinese media have been trumpeting the supposedly glorious efforts of Chinese public health officials—with their local security enforcers in the background—in containing the spread of COVID-19 in Chinese cities under the umbrella of the Xi Jinping’s grand “Zero-COVID” policy. The continuous agitprop on this subject serves several purposes for the Chinese Communist Party…
Backlogs, More Staff Help German Factories Against Headwinds: PMI
BERLIN—German manufacturers slightly increased outputs in May, buoyed by order backlogs, increased staffing, and, in some cases, improved materials availability, but a further decline in new orders mean rough seas ahead, a survey found on Wednesday. S&P Global’s final Purchasing Managers’ Index (PMI) for manufacturing, which accounts for about a fifth of the economy, came…
The Loss of Trust Is Well Earned
Commentary Society is broken at many levels, and the economy too. We face a mental health crisis among young people following two years of unprecedented educational and social disruption. The highest inflation in most people’s lifetimes has people nearly panicked about the future, and that combines with strange and unpredictable shortages. And we wonder why….
Lockdowns Part of a ‘Battle’ Between God-Given Rights and Collectivism: Author
An author is warning that the world’s current response to monkeypox in the form of lockdowns is signaling a road back to lockdowns, which she calls the “conditioning” of Americans toward a socialist society. Cheryl Chumley, the author of “LOCKDOWN: The Socialist Plan to Take Away Your Freedom” and an opinion editor at The Washington…
School Closings and Violent Youth: A Potential Link
Commentary Our greatest fears have now seemed to materialize. The school closures, social dislocation, the two years of isolation, the lockdown psychosis, plus dehumanizing masking and the resulting anxiety, depression, and despair, may have unleashed and may have enhanced depraved and murderous behavior. Two major incidents have been in the news but the trend is…
US News
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