The Joe Biden administration has agreed to ease sanctions on Venezuela, offering to scale back penalties if the government commits to a meeting with opposition leaders. Despite the rare diplomatic outreach, one US official said the economic war launched by President Donald Trump would continue regardless.
For parents who rely on baby formula—whether by choice or due to medical necessity—the nationwide baby formula shortage has become increasingly difficult to ignore. According to the Wall Street Journal, Walgreens, Target, CVS, and Kroger have all begun rationing supplies of formula. Covid lockdowns, combined with a product recall by formula manufacturer Abbott Nutrition has created a very real shortage in a product that is key for proper nutrition in many children. With the shortage has come the usual half-baked bromides about "evil corporations" and how baby formula companies are...
I sometimes coach (MMA etc) cops and military types. They know my opinion on certain things and I am not shy about expressing them. I at times feel a hypocrisy in working with them and have even mentioned that to them. Those few I work with, are "nice" men. Easy to get along with and just regular blokes. This past Thursday I had a heavier debate with one lad, he is ex military and now a cop. He said that it is important to have a strong government to rule over others. He says that disarmed populace is good because statistically Aus has very low stranger gun deaths (this may be due to...
“We appear to be in the process of killing the goose that has laid some very golden Eggs.”- Douglas Murray, author of The War on the West “[A]s recently as 2006, about 18% of social scientists self-identified as Marxists.”- Bryan Caplan, Ph.D., The Prevalence of Marxism in Academia (March 21, 2015, EconLib.org) I was always ashamed to be a Westerner. A civilization, I was told all through my public schooling years, uniquely contributed to the world in the following ways: slavery, child labor, bad working conditions, greed, sexism, genocide, racism, McCarthyism, and a bunch of useful...
This past week marked the 27th anniversary of the Oklahoma City bombing. As the worst terrorist act committed on U.S. soil at the time, we all know the reported facts of the horrific event well: a 27-year-old Desert Storm-vet, Timothy McVeigh, acting with minimal help from Terry Nichols and Michael Fortier, detonated a 7,000-pound fertilizer bomb from a parked Ryder truck outside the federal Alfred P. Murrah building, killing 168 people, 19 of them children. Two years later, in 1997, McVeigh was convicted of "Using a weapon of mass destruction resulting in death," among other federal...
The Case against Education: Why the Education System Is a Waste of Time and Money by Bryan Caplan (Princeton University Press, 2018, 395 pages). Almost every book on education policy (and I have read a great many of them) springs from the set of assumptions that education “experts” embrace: that schooling builds our stock of knowledge and skill, that it needs to be done mainly by government, that it makes us better human beings, and that we owe our prosperity to our great “investment” in education, kindergarten through college. Among the tiny number of books that challenge the...
In the Yucatan, we stayed at several all-inclusive resorts. These resorts were a good fit for my family: When you’re travelling in a Third World country with four kids during a pandemic, you want a convenient supply of abundant and tasty food – and enough variety to please each and every picky eater. (Me included). Since portions were smallish, we routinely ordered 12-15 dinners for dinner, all at zero marginal cost. At least in Mexican resorts, tips are appreciated but not expected. Economically speaking, there’s a straightforward win-win case for these Mexican resorts: Not only do...
Congress. Seinfeld. Both offer amusing forms of entertainment, one being about nothing and the other starring people that know nothing. The entertainment value of watching Congress is that their intentions and the effects of their actions are frequently 180 degrees from each other. Kind of like that Seinfeld episode where George Costanza decides to do the exact opposite of his instincts. For example, he insulted the owner of the New York Yankees during an interview, yet he got the job. Unfortunately, America is not a Seinfeld episode and such legislative failures can cause devastating...
The latest filing by Special Counsel John Durham, investigating Russiagate and the Hillary Clinton campaign, suggests the rabbit hole goes a bit deeper than we thought. One hates to sound like Rachel Maddow, but it is just that much more likely the walls are closing in. Durham filed a new, 34-page motion on April 15, 2022, in answer to defendant Michael Sussman's request to dismiss the case against him. Durham accused Sussman of lying to the FBI about his working for the Clinton Campaign while he was trying to sell the Bureau on an investigation into Trump's ties to Russia, focusing on...
According to a new report released Wednesday by the US Bureau of Labor Statistics, the Consumer Price Index increased in March by 8.6 percent, measured year over year (YOY). This is the largest increase in more than forty years. To find a higher rate of CPI inflation, we have to go back to December 1981, when the year-over-year increase was 9.6 percent. March’s surge in consumer price inflation is also the twelfth month in row during which the increase is well above the Federal Reserve’s arbitrary 2 percent inflation target. March’s CPI inflation rate was up from February’s rate of 7.9...
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