A Handsome Settlement in the Dominion‐Fox News Case
Walter Olson You sometimes hear people talk as if even plaintiffs with meritorious cases can’t win libel suits in American courts because of the First Amendment protections of the Supreme Court’s 1964 New York Times v. Sullivan case. Not so. Today’s
Canada’s Impotent Justice System Is the Product of Dysfunctional Canadian Democracy
Violent crime is on the rise in Canada, and its progressive democracy is helpless to stop it. Further empowerment of the state makes things worse. Original Article: "Canada's Impotent Justice System Is the Product of Dysfunctional Canadian Democracy" This Audio Mises Wire
Government Proposes To Make Bad Standards on Race and Ethnicity Worse
John F. Early I recently laid out the case to stop government classification of people by race and ethnicity in a Cato Blog post. Those observations were stimulated by The Office of Management and Budget (OMB) posting a notice for comment in the
From Discipline to No Discipline: The Sorry Evolution of Modern Banking
Every decade or so bank failures and the subsequent bailout response via central bank intervention appear. The latest jangling of depositor nerves involved US regional banks and a certain Swiss bank of great systemic importance. As James Grant writes in
Where Did Your Tax Dollars Go? A Federal Budget Breakdown
Romina Boccia It’s officially Tax Day. Time to take stock. The federal government spent $6.3 trillion in 2022. Tax dollars paid for $4.9 trillion or 78 percent. The rest (22 percent) was borrowed. Borrowing is deferred taxation, so ultimately deficit spending too
With the Trump Indictment, America Is a Step Closer to Being a Banana Republic
Democratic politicians and supporters are cheering the Trump indictment, but the entire process has been so politicized that its legitimacy is easily called into question. Original Article: "With the Trump Indictment, America Is a Step Closer to Being a Banana Republic" This
Arbitrary Use of Power: Punishing Those Who Expose Not-So-Secret Government Secrets
Most readers might not remember Daniel Ellsburg, but for those of us who came of age during the Vietnam War, the maelstrom that formed around him and his actions helped to define that era. Ellsburg, of course, is famous because
Money-Supply Growth Fell to a 50-Year Low in February. Will the Fed Panic?
Money supply growth fell again in February, falling even further into negative territory after turning negative in November 2022 for the first time in twenty-eight years. February's drop continues a steep downward trend from the unprecedented highs experienced during much
State Department’s Human Rights Reports and Their Failures
Jordan Cohen In March 2023, the State Department released their annual “Country Reports on Human Rights Practices.” While these reports do provide useful information about individual countries’ human rights practices that allow for better policy research, analysis, and implementation, they do