Glenn Loury on Economics, Black Conservatism, and Crack Cocaine
"All you want, apart from the cocaine, is a lighter, water, baking soda, some Q-Suggestions, high-proof alcohol, a ceramic mug, and a chunk of cheesecloth or an previous T-shirt," writes Glenn Loury in his riveting Late Admissions: Confessions of a Black Conservative. The e book is definitely the one memoir by an Ivy League economist that features a recipe for crack cocaine together with technical discussions of Karl Marx, Ludwig von…
RFK Jr. Pays Lip Service to the Debt While Pushing Policies That Would Increase It
Robert F. Kennedy Jr. received applause on the Libertarian Nationwide Conference by criticizing authorities lockdowns and deficit spending, and saying America should not police the world. It made me need to interview him. This month, I did. He mentioned clever issues about America's rising debt: "President Trump mentioned that he was going to stability the funds and as an alternative he (elevated the debt extra) than each president in United…
J.D. Vance Has Changed a Lot Since the Days of ‘Hillbilly Elegy’
Vice-presidential nominee J.D. Vance's guide, Hillbilly Elegy, got here out in 2016—a number of months earlier than Donald Trump gained a stunning presidential victory thanks partially to widespread help from throughout the Appalachian hollers that Vance wrote about. Though he grew up in southwestern Ohio, Vance's household was from the mountains of hard-scrabble japanese Kentucky. "Elegy" affords a thought-provoking account of the problem poor folks face as they attempt to…
Sahm Rule Triggered by Alarming U.S. Jobs Report, Raising Recession Risk
A bummer of a jobs report launched Friday morning triggered a sharp drop within the inventory market and stoked worry of a coming recession—due to one thing often called the "Sahm Rule." So what's that? It's named after economist Claudia Sahm, who served as a prime financial advisor throughout the Obama administration and identified a historical indicator of coming recessions in 2019: each time since 1970 that the three-month transferring…
‘The New York Times’ Is Lying About Socialism in Venezuela
Nicolás Maduro is the authoritarian chief of Venezuela. Final weekend, he declared himself the winner of that nation's presidential election—an final result that's extremely disputed; the Carter Heart lambasted the Maduro regime's lack of transparency and mentioned the method "can't be thought-about democratic." 1000's of Venezuelans have taken to the streets in protest. In response, the federal government has carried out a crackdown, killing at least 16 people and detaining…
Is There a Libertarian-Nationalist Alliance?
Is the way forward for the GOP extra libertarian, nationalist, or, in some way, each? Becoming a member of us right this moment is Vivek Ramaswamy, entrepreneur, creator, and former presidential candidate. He is been making a tough pitch for what he is known as a "libertarian-nationalist alliance" for the previous a number of months. He was on the 2024 Libertarian Nationwide Conference the place he tried to convince libertarians…
J.D. Vance Wants To Use the Tax Code To Punish the Childless
Republican vice presidential nominee J.D. Vance has been within the information for an previous clip of him speaking about how the tax code ought to punish adults with out youngsters. Whereas Vance's proposal in all probability goals to deal with demographic considerations, it represents a misguided method that contradicts basic ideas of financial freedom and equity. And you already know what? That is exactly what our tax code already does,…
Proposed New York City Hotel Regulation Threatens To Push Prices Even Higher
Since banning most short-term leases in 2023, New York Metropolis has seen resort costs skyrocket. Now town is contemplating a measure that may nearly definitely power costs even larger. The invoice, proposed by New York Metropolis Councilwoman Julie Menin, targets non-union inns, prohibiting resort house owners from hiring contracted employees for a lot of positions, akin to housekeeping, safety, and bartending. The measure would require resort house owners to immediately…
Brickbat: Too High
Myanmar's navy authorities has arrested Hiroshi Kasamatsu, an government with a Japanese grocery store chain with a number of shops within the nation, for promoting rice above the utmost value set by the federal government. In whole, the federal government arrested 62 individuals for promoting rice above the official value. Kasamatsu and 10 others face six months to a few years in jail whereas the remainder face potential fines.The submit…
GOP VP Nominee J. D. Vance is an Enemy of Free Markets
J.D. Vance in 2022. (Lev Radin/ZUMAPRESS/Newscom) Ohio Senator J.D. Vance simply turned Donald Trump's working mate. In the event you care about free markets and liberty typically, he is simply concerning the worst individual the Republicans may have chosen, amongst those that bought critical consideration. Since being elected to the Senate in 2022, Vance has turn out to be one of many GOP's main champions of protectionism, economic regulation and…
