David French Gets to Sit with the Cool Kids at the NYT Lunch Table
New York Times columnist David French likes to think of himself as an honest broker. In reality, his "Never Trump" mentality leads him to overlook government lawbreaking. Original Article: "David French Gets to Sit with the Cool Kids at the NYT Lunch Table"
The Reality of the Market Process
As we enter the dog days of summer, I have heard several media conversations and a few private ones that express exasperation over languishing capital markets. Why do things take so long to unravel? What will happen next? When will
Housing Prices Are Falling As Reality Sinks In
The local paper’s headline posed the question, “Do renters have the upper hand in Las Vegas right now?” “[The apartment project] offered us two weeks of no rent to get us moved in on the timeline we wanted,” said a
You Can’t Depend on the State to Maintain Public Order
Crime is increasing in American cities, but don't count on police to protect you. The Defund the Police movement has less to do with that than most people think. Original Article: "You Can’t Depend on the State to Maintain Public Order"
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"