Beltway libertarian economists are today hailing the Fed’s efforts to cure the economic crisis or are even suggesting they intervene to a greater extent to quell fears in markets. That is like saying we need to spread the coronavirus to more people to stop the...
Laws against so-called price gouging -- that is, price spikes during emergencies -- violate our natural right to engage in voluntary exchange at mutually acceptable terms. As economics has long taught, price ceilings that defy market forces make the affected goods...
US claimed everyone killed was a 'terrorist' US African Command (AFRICOM) is promising an investigation after an airstrike against a minibus full of people was reported by locals, including a Somali MP, of having killed six civilians. The US had reported on the strike...
From The Atlantic via Defense One: Two weeks ago, Italy had 322 confirmed cases of the coronavirus. At that point, doctors in the country’s hospitals could lavish significant attention on each stricken patient. One week ago, Italy had 2,502 cases of the virus, which...