Most people agree that we are closer to nuclear war than at any time since the 1962 Cuban Missile Crisis. Some would even argue that we are closer now than we were in those fateful days, when Soviet missiles in Cuba almost triggered a nuclear
While many believe that technology is key to a growing economy, technology is useless without entrepreneurship, which develops uses for technology. Original Article: "Technology Is Meaningless without Entrepreneurship"
Walter Olson In the aftermath of Donald Trump’s efforts to remain in office notwithstanding the 2020 election, many lawyers who assisted him along the way are facing disciplinary and disbarment proceedings. New York and District of Columbia bar authorities suspended Rudolph Giuliani’s license to practice after
Chris Edwards The recent debt‐ceiling deal put caps on discretionary spending for 2024 and 2025. But House conservatives want larger reforms and are seeking additional cuts in fiscal 2024 appropriations bills. House Appropriations Chair Kay Granger is right that “the debt ceiling bill set a ceiling, not
There is a sea change in how society views false accusations of sexual abuse. And it’s about time. The lawsuit John C. Depp, II v. Amber Laura Heard (2022) points to this transformation. Depp and Heard sued each other for defamation with “actual malice” over public
Romina Boccia There’s a well‐defined budget process that members of Congress are supposed to follow each year to debate how much the federal government will spend and how much money the government will collect in taxes or borrow from credit markets. That’s not happening. “Protecting America’s Economic
Jeffrey Miron This article appeared on Substack on June 19, 2023 A common view attributes economic inequality to the evils of markets—greed, corruption, family connections, luck, and so on—rather than to differences in economic productivity. Some wealth is no doubt “ill‐gotten,” or at least not directly related to
Jennifer Huddleston As headlines have gotten the attention of parents and policymakers, a new Surgeon General’s report has raised concerns about children’s and teens’ time on social media. Some states, including Utah, Arkansas, and California, have introduced bills that claim to “protect children,” but these bills would
US trade deficits seem to be expanding, placing pressure on the dollar. However, central banks around the world are just as irresponsible as the Fed, masking the relative devaluation of US money. Original Article: "US Trade Deficits Are Growing Larger. Or Are They?"
I put for the general inclination of all mankind, a perpetual and restless desire of power after power, that ceaseth only in death.—Thomas Hobbes, The Leviathan California continues to attack businesses and entrepreneurial freedom. Leviathan has awakened, this time with Assembly Bill 257, promoting a state-controlled