In 1989, the economist John Williamson introduced the phrase “Washington Consensus” to the politico-economic lexicon. It was shorthand for a set of interrelated policies that, taken together, would free trade within states and between them while boosting overall...
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Vector Auto-Regression and Classical Economic Theory: Will the Keynesian Saga Ever End?
by Mike Steele | Jul 13, 2023 | Economics, Featured Articles
Economists rely on Vector Autoregression (VAR) models to forecast macroeconomic time series that may infer the effects of structural shocks and estimate unobservable cyclical components of macroeconomic aggregates. A VAR model is made up of a system of equations that...
The Legacy of Cluster Bombs
by Kym Robinson | Jul 12, 2023 | Featured Articles
A decade ago I attended a charity event dedicated to children from all over the world that had experienced horrible things. There was a little girl, around 11, who had lost both of her legs and her eight year old brother. International doctors had managed to save her...
Who Is Doing the Discriminating?
by Laurence Vance | Jul 12, 2023 | Featured Articles
Conservatives are cheering and progressives are crying about the recent Supreme Court decision in the case of Students for Fair Admissions v. President and Fellows of Harvard College, which was consolidated with Students for Fair Admissions v. University of North...
France to Provide Ukraine with Long-Range Cruise Missiles
by Kyle Anzalone | Jul 11, 2023 | News
French President Emmanual Macron announced Paris will join London in providing long-range missiles to Kiev. “In view of the situation and the Ukrainian counter-offensive, I have decided to increase deliveries of weapons and equipment,” Macron said upon arriving in...
White House Looks to Prevent Oversight of Ukraine Aid
by Kyle Anzalone | Jul 11, 2023 | News
The Joe Biden administration has come out in opposition to Congress creating an inspector general’s office to oversee weapons transfers to the Ukrainian government. The National Defense Authorization Act (NDAA) includes a provision that will create an inspector...
COI #445: Netanyahu Goes to War in the West Bank
by Kyle Anzalone | Jul 11, 2023 | Conflicts of Interest
On COI #445, Kyle Anzalone and Connor Freeman cover escalations against China, Iran, and Palestine. Kyle discusses Secretary of State Antony Blinken’s upcoming trip to Indonesia where he will attempt to wrangle members of the Association of Southeast Asian Nations to...

Is the United States Pursuing a Permanent Cold War with Russia?
by Ted Galen Carpenter | Jul 11, 2023 | Featured Articles, Foreign Policy
There is growing speculation about how the Russia-Ukraine war might eventually end. Three competing scenarios are strong possibilities. The most likely outcome is a definitive Russian victory after a grinding, bloody struggle lasting several more years. As time drags...
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Cop Kills Woman
An innocent unarmed woman. No harm no foul, other cops rule.
Deputy Joshua Jaynes is Guilty of Perjury and Murder
He should be locked in a cage like a beast for the rest of his life.
The Cop That Killed Breonna Taylor Claims He Doesn’t Remember It At All
16 rounds I fired, you say? Er uh well could be I guess. Sullum at Reason: Myles Cosgrove, a Louisville, Kentucky, detective who participated in the fruitless and legally dubious drug raid that killed Breonna Taylor last March, told investigators the incident unfolded...
Street Gangs Run the LAPD
In argument-ad-absurdum news: LA TImes: ‘Gang-like’ deputy clique exerts ‘undue influence’ at East L.A. station, report says: Los Angeles County’s top watchdog said Monday that substantial evidence exists that a secretive group of tattooed deputies at the East L.A....
Cops Kill Man
For "breaking into" his own home, they had their German Shepherd maul him for two minutes and then laughed as he bled to death. And, of course, they all got away with it and they will all get away with it because they are government employees so they can do whatever...
Cop Kills Man
An entirely innocent, unarmed man; a "pillar of the community" who had stopped to break up a fight. It is already a foregone conclusion of course that there will be no accountability whatsoever for this heinous murder because the guilty criminal perpetrator is a...
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