Part of the fight over the $1.9 trillion “stimulus” package recently passed by President Biden and his allies in Congress was whether we could really afford nearly $2 trillion more in spending amid skyrocketing debt and already having spent record-levels of money ostensibly on ‘COVID’ relief. But according to a recent report, the latest legislation … Continue reading Latest ‘Stimulus’ Plan Could Cost Twice as Much As Expected, Report Warns
The “social cost of carbon” is a calculation that the Biden administration is looking to use to justify stringent regulation of carbon dioxide emissions. Missouri Attorney General Eric Schmitt—joined by Arkansas, Arizona, Indiana, Kansas, Montana, Nebraska, Ohio, Oklahoma, South Carolina, Tennessee, and Utah—have now filed a lawsuit, arguing that the use of this metric in … Continue reading The Social Cost of Carbon and Climate Sensitivity Is Model Manipulation at Its Finest
The Biden administration on Wednesday released details of the first part of its latest enormous spending plan. Although President Joe Biden is promoting the plan as a way to create jobs through infrastructure projects, its combination of tax hikes and central planning would leave the nation poorer and more dysfunctional. Amazingly, this $2 trillion-plus in spending and … Continue reading Biden’s Tax-and-Spend ‘Infrastructure’ Plan Would Slow Economy, Deepen Swamp
Every hoary myth about the private market's unfitness to supply means of exchange has roots that trace back to the hoariest monetary platitude of all, namely, the claim that governments alone, whether republican or absolutist or otherwise, are fit to coin money. That commonplace credendum dates from ancient times, and was a staple of medieval and early-modern monetary … Continue reading Lawrence White on Private Gold Mints
Japan was the first country to run scheduled passenger trains faster than 125 miles per hour. Since then, France has run faster trains and China has built more miles of high‐speed rail lines, but Japan is still considered a model for a nationwide high‐speed rail system. Yet there is a dark side to Japan’s bullet trains. Japan’s economy ground to a halt in 1991 and … Continue reading The Dark Side of the Bullet Trains
Honesty is always the best policy. That is, unless you work in a low-level federal job for the Biden administration—in that case, it might get you demoted or fired. Young White House Staffers ‘Sandbagged’ Over Past Marijuana Use “Dozens of young White House staffers have been suspended, asked to resign, or placed in a remote … Continue reading Why the Biden Administration Fired Staffers Over Smoking Pot But Let Kamala Harris Get Away With It
Depending on your age, you may think the answer to that question is Kamala Harris, Hillary Clinton, Sarah Palin, or Geraldine Ferraro. But in fact the first woman to receive an electoral vote, 12 years before the historic nomination of Ferraro in 1984, was Theodora (Tonie) Nathan, the 1972 Libertarian Party vice presidential nominee. Tonie Nathan … Continue reading Who Was the First Woman to Receive an Electoral Vote?
The Wall Street Journal reports that skyrocketing construction material costs are inflating home prices, pressuring homebuyers and threatening the booming U.S. housing and construction industries: Lumber, one of the biggest costs in home-building after land and labor, has never been more expensive and is more than twice the typical price for this time of year. Crude oil, a … Continue reading How U.S. Trade Policy Helped Construction Materials Costs Go Through the Roof
President Biden’s $1.9 trillion “American Rescue Plan'' could soon become law. The budget-busting legislation, sold as emergency COVID response and “stimulus,” passed the Senate over the weekend. But even the liberal-leaning fact-checking website PolitiFact is pointing out that almost all of the bill’s spending is unrelated to the health effects of COVID-19. “Total spending directly … Continue reading PolitiFact: 90% of Biden Stimulus Spending Not Directly Related to COVID-19
My daughter had a friend over this week whose parents just took her out of public school for homeschooling, and my neighbor recently unenrolled her child from public school to homeschool for the rest of the academic year. These families are much more than local anecdotes—they are representative of a national trend. New Census Bureau … Continue reading New Census Data Show Homeschooling Tripled During the Pandemic—And One Key Group is Driving the Surge
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