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Posts Tagged: “small business“

October 1, 2026 ・Original Analysis

The Cult of the Colossal and Industrial Strength

Wilhelm Röpke warned us 80 years ago about a threat that would only grow after his death. He saw that Nietzsche and other philosophers of the 19th century almost worshiped size. They believed that scale was a good in itself and they pedestalized it. Whether glorifying powerful states or leaning into the depersonalized aesthetic, the […]

October 1, 2026 ・Original Analysis

Myopic Regulators Hurt the Poor

To help simplify this analysis, imagine that there are only two components of a good life: agency and material goods. Agency is the ability to make choices and have those choices be capable of enabling real change at least in a person’s immediate circumstances. While an individual doesn’t need agency in every part of life, […]

September 29, 2026 ・Original Analysis

Distributism is Built for Failure

Distributism is a recently resurgent form of social and political thought that attempts to create a free society ordered in a specific way through state intervention. This sounds like a paradox, because it is one. Distributists do not like to believe that they are proponents of larger forms of government, however their policies almost inevitably […]

September 28, 2026 ・Original Analysis

The Crisis of Ownership

In 1775 roughly 80% of Americans owned their own businesses. Most of these were farmers, and their responsibility to the nation became deeply intertwined with their own livelihoods as they owned a bit of earth and let their love of self turn into love of country. They planted the seeds of survival and reaped the […]

September 3, 2026 ・Original Analysis

Private Hiring Grinds to a Near-Halt as Job Growth Hits Seven-Month Low

U.S. private employers added just 38,000 jobs in August 2026, according to the ADP National Employment Report released this week, the slowest pace of hiring since January. The report, compiled from aggregated and anonymized payroll data covering more than 26 million U.S. employees in collaboration with the Stanford Digital Economy Lab, showed weakness spreading beneath […]

March 19, 2026 ・Original Analysis

The State and the Death of The Small Town

In 1800, only 5% of the American population lived in cities, yet by 2020 that proportion had flipped dramatically and now only 20% live outside of them. This is not a result of mere preference or expediency, but rather a long process of natural momentum accelerated by regulatory overreach. Vast increases in agricultural productivity and […]

December 5, 2025 ・Original Analysis

ADP Numbers: Private Sector Dumps Over 30K Jobs

U.S. private-sector hiring slipped into negative territory last month, according to the November ADP National Employment Report released December 3rd. Payrolls fell by 32,000 positions—an abrupt reversal that economists say underscores gathering economic headwinds and a wary consumer. Small businesses were the hardest hit, shedding 120,000 jobs, while the spot price of gold briefly punched […]

October 4, 2025 ・Key Gold Headlines

Payrolls Shrink, Gold Brushes $3,900 Amid Labor Squeeze

U.S. private employers unexpectedly cut 32,000 jobs in September, according to the latest ADP National Employment Report released Tuesday, marking the first aggregate decline since early 2024. Goods makers shed 3,000 positions and service industries bled another 28,000, with layoffs concentrated in leisure and hospitality (-19,000) and professional and business services (-13,000). The dismal headline […]

July 5, 2025 ・Original Analysis

ADP Logs Surprise 33,000 Job Drop 

Hiring hit the brakes in June, with the ADP National Employment Report showing U.S. private-sector payrolls shrinking by 33,000 positions—the first monthly contraction of 2025. Goods makers managed to eke out modest gains, but service industries bled jobs, and small businesses took the biggest hit. Wages, meanwhile, kept climbing faster than the official inflation gauges, […]

April 30, 2025 ・Original Analysis

Hands off! A Case for Price Discrimination

Everyone knows that discrimination is wrong. Of course, everyone in that circumstance would be assuming that discrimination was referring to judging people by their underlying traits, but it becomes very easy for the meaning of the word to take on a negative connotation that can be used to inform policy in unhelpful ways. Price discrimination […]

October 30, 2024 ・Original Analysis

That Which Cannot be Taught

While the upcoming election has people discussing policy, and economic policy in particular, we rarely ask the question of whether we need economic policy in general. I’m being facetious here, however, the reach of economic policy that we employ and are attempting to enact in the future must be questioned. Rather than questioning any specific […]