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    Editor's PickInvesting

    Trump’s Blast of Hot Air on Flag Burning

    by August 25, 2025
    August 25, 2025

    Walter Olson So far as I can see, Trump’s Executive Order today denouncing flag burning is a legal nothingburger. Under the Supreme Court’s 1989 decision in Texas v. Johnson, famously…

  • Editor's PickInvesting

    The Price of Freedom: The True Cost of Pretrial Detention

    by August 25, 2025
    August 25, 2025

    Mike Fox As a former public defender, I represented hundreds of poor individuals relegated to cages, having never been convicted of a crime, not because they were dangerous but rather…

  • World News

    It’s the Root That’s Killing Us

    by August 25, 2025
    August 25, 2025

    For all of the talk about the need for “limited government,” we should always remember that the government has a legal monopoly on violence, and it uses that legal privilege…

  • World News

    QJAE: The Incompleteness of Central Planning

    by August 25, 2025
    August 25, 2025

    Even if all the practical challenges could be overcome, social economic calculation and planning are still impossible from a computation-theoretic point of view.

  • World News

    Full text of Jerome Powell’s Jackson Hole speech

    by August 25, 2025
    August 25, 2025

    Rate cut to “stimulate” jobs? Powell: “while the labor market appears to be in balance, it is a curious kind of balance that results from a marked slowing in both…

  • Editor's PickInvesting

    Patients Using Popular Meds May Face a Tariff Hit: US–EU Trade Deal Targets Branded Drugs Like Ozempic and Wegovy

    by August 25, 2025
    August 25, 2025

    Jeffrey A. Singer Patients taking popular GLP‑1 drugs like Ozempic and Wegovy could face higher costs as new tariffs hit European-made branded medicines under the free trade agreement between the…

  • World News

    JLS: “Some Necessary Iconoclasm”: Contesting Liberty in the Progressive Era

    by August 25, 2025
    August 25, 2025

    Though progressive reformers were met with mixed success, the theoretical shift away from natural rights left a lasting legacy in the American political landscape.

  • World News

    Israel’s Man Inside the CIA Betrayed the US, New Files Show

    by August 25, 2025
    August 25, 2025

    The files provide a fresh and often disturbing look at a spy described by historian Jefferson Morley as “a leading architect of America’s strategic relationship with Israel.”

  • World News

    The Fed Is To Blame For The Dollar’s Recent Weakness. Still, There Is No Fiat Alternative.

    by August 25, 2025
    August 25, 2025

    Post Content

  • World News

    Does a Government Budget Surplus Contribute to National Savings?

    by August 25, 2025
    August 25, 2025

    Keynesian economists like to claim that government budget surpluses amount to “national savings.” However, real savings are used to spur capital development, which government surpluses have nothing to do with…

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