Keating’s CyberColumn

May 18th, 2021 by

by RAYMOND J. KEATING- Housing starts fell more than expected in April, according to the latest report from the U.S. Census Bureau. Privately‐owned housing starts came in at a seasonally adjusted annual rate of 1,569,000 in April, which was down by 9.5 percent compared to the revised March estimate of 1,733,000. However, it must be […]

May 12th, 2021 by

  by RAYMOND J. KEATING- The Biden tax agenda amounts to a comprehensive attack on business, investment and wealth creation, and therefore, it also is an assault on entrepreneurship and American workers. President Biden and his administration emphasize the notion that since they are directly raising taxes on businesses and those earning more than $400,000 […]

May 5th, 2021 by

  by RAYMOND J. KEATING- In both the manufacturing and service sectors, the latest reports capturing purchasing managers’ activities and views point to strong growth continuing in April. Indeed, looking ahead, as the pandemic retreats, the expansion of government emerges as the biggest threat to our economy. The Institute for Supply Management’s Manufacturing PMI registered […]

April 29th, 2021 by

  by RAYMOND J. KEATING- Americans are a resilient bunch – including U.S. entrepreneurs, small businesses and their employees, and investors – as illustrated by the fact that real GDP growth in the first quarter of this year accelerated compared to the previous quarter’s growth rate, as reported by the U.S. Bureau of Economic Analysis. […]

April 24th, 2021 by

by Raymond J. Keating- Given the lag in data on the state of small businesses, it’s a challenge to nail down the extent of damage to American small businesses caused by the COVID-19 pandemic, and how small businesses are faring on the recovery front. However, there are assorted sources of numbers that can provide parts […]

April 14th, 2021 by

by RAYMOND J. KEATING- U.S. Senator Josh Hawley (R-MO) doesn’t seem to like large businesses and mergers. He also isn’t too fond, apparently, of the work economists can do in terms of informing public policy on such matters. Senator Hawley has just introduced the “Trust-Busting for the Twenty-First Century Act.” If the title sounds a […]

April 12th, 2021 by

by Raymond J. Keating- Back in 1819, Chief Justice John Marshall summed up the straightforward economic problem with taxation in nine words: “the power to tax involves the power to destroy.” Over two hundred years later, far too many politicians have ignored this eloquent expression of an economic truth, as most recently evidenced by President […]

April 2nd, 2021 by

by Raymond J. Keating- A new index – the Draper Innovation Index – went live at the end of March from the Draper Hero Institute. It assesses and ranks ecosystems for entrepreneurship around the globe. Ranking #1 was the United States, followed by Singapore, Hong Kong, Switzerland and the United Kingdom. As explained on the […]

April 1st, 2021 by

by Raymond J. Keating- Well, that didn’t take very long. Various politicians and special interests are back to attacking the pharmaceutical industry. Let’s quickly review the facts: First, a deadly, global pandemic breaks out. Second, as COVID-19 hits, spreads, and takes hundreds of thousands of lives in the U.S., far too many politicians stumble, bumble […]

February 24th, 2021 by

  by Raymond J. Keating- Since its inception in the late 19th century, antitrust regulation has rested more on the whims of progressive and populist politics rather than on sound economics. Indeed, that has remained the case now more than 130 years after the first major piece of antitrust legislation was signed into law, and […]

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