Danial Ellsberg Was Right. So Are Assange and Snowden.
Daniel Ellsberg died on June 16, and he remains one of the nation's most prominent whistleblowers who leaked secret government information to the public. Upon his death the general consensus among the writers of memorials for Ellsberg was that he was
Mallory v. Norfolk Southern: Boom Days Ahead for Forum‐Shoppers?
Walter Olson Should a state be allowed to set, as a condition for out of state firms to do business, that they consent to being sued there in disputes with no relation whatever to the state? Today in Mallory v. Norfolk Southern Railway
Why Are Cops in Charge of Medical Research and the Practice of Medicine?
Jeffrey A. Singer Earlier this week, the Food and Drug Administration issued a draft of proposed guidelines for clinical researchers conducting trials on psychedelic drugs. Even though the Drug Enforcement Administration categorizes psychedelic drugs as Schedule I (meaning that the law enforcement
The MMT-and-Bailey Fallacy
One hears this kind of thing from modern monetary theory (MMT) advocates whenever their economic theories are attacked: “We say not spending constrained,” they grumble, “We don’t mean ‘now spend’.” However, what politicians hear is that they can have anything
Moore v. Harper: Supreme Court Rejects Independent State Legislature Theory
Walter Olson State legislatures, like other actors in our system of government, are creatures of constitutional law. They are ordinarily subject not only to the federal Constitution but to the constitution, laws and legal decisions of their own states. That’s basic
A Great Man Cannot Salvage a Bad Idea
Einstein might have been one of history's most brilliant men, but even his great mind could not have made socialism work. Unfortunately, he wasn't smart enough to see that. Original Article: "A Great Man Cannot Salvage a Bad Idea"
Americans Should Not Expect the Fed to Lower “Services” Inflation
Norbert Michel and Jai Kedia Testifying before the Senate Banking Committee last week, Fed Chair Jay Powell acknowledged inflation has come down but suggested it hasn’t slowed because of monetary policy. Insisting that the Fed still has work to do to
Implications of the Commercial Real Estate Collapse for Local Government Revenues
Marc Joffe Over the last year, news media have run numerous stories of offices, shopping malls, and other commercial properties going into foreclosure or being sold at substantial discounts. Given local government’s reliance on property tax revenues, a collapse in commercial property
Do Boycotts Really Work? Another Look at the Bud Light Situation
For the past ten weeks, American conservatives have been boycotting Bud Light in response to a beer can featuring transgender figure Dylan Mulvaney. Since then, sales of the beer have been plummeting. However, this week, a new benchmark has been
Radical Decentralization was the Key to the West’s Rise to Wealth and Freedom
[This article is Chapter 2 of Breaking Away: The Case for Secession, Radical Decentralization, and Smaller Polities. Now available at Amazon and in the Mises Store.] It is not uncommon to encounter political theorists and pundits who insist that political centralization is a boon to economic growth. In