School World Order
John Klyczek joins Michael on the first episode of REKT. John (jakE) is the author of School World Order: The Technocratic Globalization of Corporatized Education. Topics include the behaviorist, collectivist, and eugenicist roots of public (and state-sanctioned private) education, the globalist organizations
Sound Money Is Required for Real Budget Discipline
The usual suspects are "relieved" that Congress gave President Biden what he wanted on the so-called budget deal. Without sound money, however, the borrowing and spending regime will collapse sooner or later. Original Article: "Sound Money Is Required for Real Budget
There Are Limits to What Testing Tells Us, But The Latest Scores Are Troubling
Neal McCluskey Today we received the latest National Assessment of Educational Progress (NAEP) Long‐Term Trend results, this time for 13‐year‐olds in math and reading. And as you can see below, they are not good, with scores dropping precipitously.
Assumptions Matter Both in Economics and in the Real World
To explain Japan’s economic problems, Paul Krugman employed a model that assumes people are identical and live forever. While admitting that the model is not realistic, Krugman nonetheless argued that his model could still offer solutions to the crisis. In The
Modi’s India Is Better in Economics than History
Swaminathan S. Anklesaria Aiyar Indian Prime Minister Narendra Modi is in the United States for a state visit that is expected to highlight India’s importance as a rising economic and military power, and the only country in Asia that can be a counter to
How Capitalism Redefined Masculine Virtue
In the pre-industrial world, aggression and physical domination were often labeled as "masculine" virtues because they were useful for survival. The rise of the cooperative market economy changed all that. Original Article: "How Capitalism Redefined Masculine Virtue"
Powell Sends Mixed Messages as He Chickens Out on Rate Hikes
The Federal Reserve’s Federal Open Market Committee (FOMC) on Wednesday left the target policy interest rate (the federal funds rate) unchanged at 5.25 percent. This "pause" in the target rate suggests the FOMC believes it has raised the target rate high
After the Debt Ceiling Deal: Look for Liquidity Problems in the Markets
Everything seems to be lining up perfectly for individual investors with Joe Biden and Kevin McCarthy making a debt ceiling deal. In fact, a sentiment poll reflects an ebullient investor class. According to an Investors Intelligence article titled "Assume the Positioning"
ICE Has Increased Enforcement Since Trump Left Office
David J. Bier President Biden has received significant criticism from people who want to see more immigration enforcement for supposedly “gutting” Immigration and Customs Enforcement (ICE). While most measures of ICE enforcement remained below pre‐pandemic levels, they also have almost uniformly
Three Reasons to Be Very Skeptical of U.S. “Carbon Tariffs”
Gabriella Beaumont-Smith Senators Christopher Coons (D‑DE) and Kevin Cramer (R‑ND) introduced a bill, the PROVE IT Act, on June 7, 2022, that lays the groundwork for a carbon tariff. A carbon tariff is a tax on imports based on their carbon intensity, a measure of carbon