The Conversation Fri 11. 24. 2017.

Here’s To Another Year Of American Hilarity
George Will, National Review

'Black Friday' Entertainingly Mocks A Confused Federal Reserve
John Tamny, RealClearMarkets

ObamaCare’s Death Payments
The Wall Street Journal

Michael Flynn Made A Move That Indicates He May Soon Cooperate With The Mueller Probe
David Choi, Business Insider

Trumps Spend Thanksgiving Serving Meals To Active Duty Armed Forces
Benny Johnson, Daily Caller

Why, Exactly, Are Democrats Opposed To Trump's Tax Reform Bill?
Weekly Standard

Fusion GPS Paid Journalists, Court Papers Confirm
Todd Shepherd, Washington Examiner

How Free Trade Helps Americans Have Higher Incomes And More Jobs
Patrick Tyrrell, Daily Signal

Seattle's Income Tax On 'The Rich' Has Collateral Damage: The Poor
Brian T. Hodges, American Thinker

Is Health Care A Human Right?
Trevor Burrus, Foundation for Economic Education

I Got Fired For Calling Out Liberal Hypocrisy On Clinton Accusers
Larry Elder, RealClearPolitics

NFL Ratings Slide Is Getting Worse, With No End In Sight
Warner Todd Huston, Breitbart

Sarah Silverman: I ‘Fell In Love’ With Trump Voters While Traveling Across Country
Andrew Mark Miller, American News

The Administrative State Under Siege
Francis Menton, Manhattan Contrarian

How Grocery Stores Got Good
Steven Horwitz, Reason

FMC Barometers

FreeMarket Central

Numbers as of last Friday close.

[Total = Federal, state & local
Source: usgovernmentspending.com]

FreeMarket Central What is Gross Output?


Why are these numbers important?

Shadow Stats Snapshot


FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 4.1%
    FreeMarket Central Shadow Stats: 21.6%
  • Inflation:
    FreeMarket Central October Year-to-Year: 2.23% (CPI-U*)
    FreeMarket Central Shadow Stats: 10.0%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]

Wisdom


FreeMarket Central

Socialist 'Freebies' Are The Least Free Of All

The more subsidized it is, the less free it is. What is known as 'free education' is the least free of all, for it is a state-owned institution; it is socialized education - just like socialized medicine or the socialized post office - and cannot possibly be separated from political control.

-- Frank Chodorov,

Calendar


FreeMarket Central

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In Search Of History

When America Was Truly The Land Of Opportunity

For [early immigrants] America was truly the land of opportunity. For the first time in their lives, many were truly free to pursue their own objectives. That freedom released the human energies which created the United States. There were few government programs to turn to and nobody expected them. But also there were few rules and regulations. There were no licenses, no permits, no red tape to restrict them. They found, in fact, a free market, and most of them thrived on it. 

-- Milton Friedman,