Republicans Fail on the Debt Ceiling in 2023
Despite "concerns" about increasing federal debt, in the end Republican legislators have gone along with whatever the ruling elites want. The Limit, Save and Grow Act of 2023 is more of the same. Original Article: "Republicans Fail on the Debt Ceiling
Colombia Should Legalize Adult Marijuana Use Today
Daniel Raisbeck Any American who smoked pot in the 1970’s likely came across Colombian marijuana. In 1979, in fact, Colombia was providing “roughly two‐thirds of all the pot smoked” in the United States, according to Time Magazine. The industry certainly was
Call Rent Control What It Really Is: Theft
As reported by Reason, Colorado—one of thirty-one states that had banned its local governments from imposing rent control—is considering repealing that ban. Recent efforts to allow or impose similar controls have also taken place in New York, California, Massachusetts, Oregon,
The STRIP Act Is a Good Step in the Right Direction. But Congress Should Go Further.
Jeffrey A. Singer Last month, Rep. Jasmine Crockett (D‑TX) introduced the Secure Testing Resources Instead of Prosecuting (STRIP) Act. The act would clarify the language in the Controlled Substances Act that defines federally prohibited drug paraphernalia to clarify that “fentanyl drug
The Phonics Resurgence
David Boaz Suddenly, and rather quietly, both public and elite opinion are turning against the “new” methods of teaching reading that have dominated our schools for a generation. I’ve been keeping an eye on this issue for a long time. In 1995 I noticed that
Edmund Phelps on Egalitarianism
The classical liberal economist Edmund Phelps wants government to aid poor people, but he clearly is not an egalitarian. His philosophy would be unacceptable to today's "woke" egalitarians. Original Article: "Edmund Phelps on Egalitarianism"
In An Ironic Twist, the AMA Seeks Alternatives to the Residency Matching Program
Jeffrey A. Singer Last weekend the American Medical Association House of Delegates passed a resolution tacitly claiming that the National Residency Matching Program (NRMP) is likely anti‐competitive and a violation of the Sherman Antitrust Act of 1890. The resolution concluded: RESOLVED, That our American
Wall Street to the Fed: Inflation Is Over. Give Us More Easy Money!
The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data Tuesday, and according to the report, price inflation during May decelerated, coming in at the lowest year-over-year increase in twenty-six months. According to the BLS, Consumer Price Index (CPI)
China Calls Out the USA for Instigating the Infamous Color Revolutions
Despite America’s attention abroad being largely Russia-focused recently, the bigger fish to fry in Washington’s eyes is China. Even as the US pours aid package after aid package into the Ukraine conflict with one hand, it still manages to raise
Peak oil (demand)
From the WSJ (Oil Demand Expected to Peak This Decade as EVs Boom): Rising demand for crude oil is set to slow to a trickle within five years and peak before the end of the decade, as electric-vehicle uptake surges and