No, Politicians Can't 'Fix' Prices—and That's OK
Price controls lead to the misallocation of resources, shortages, diminished product quality, and black markets.
Price controls lead to the misallocation of resources, shortages, diminished product quality, and black markets.
Plus: Gaza's updated child-casualty numbers, Kamala Harris being a cop, birthrate worries, and more...
Plus: A listener asks the editors about President Joe Biden holding up arms shipments to Israel.
President Biden is holding up a shipment of 3,500 bombs to Israel, after months of resisting any conditions on U.S. aid to Israel.
Plus: Airbnb ban has predictable consequences, AI nudify app, the death of swagger, and more...
Plus: San Francisco can't fix homelessness, future lawyers can't handle cops, and more...
Plus: Ceasefire negotiations, Chinese regulators, American crime, and more...
Plus: College protest follow-up, AI and powerlifting, tools for evading internet censorship, and more...
Plus: A listener asks the editors about the magical thinking behind the economic ideas of Modern Monetary Theory.
Plus: NatalCon, Cuban economics, AI priest defrocked, and more...
The ruling builds on the same court's two prior decisions to the same effect.
Plus: Supreme Court takes up ghost guns, Abbott takes on trans teachers, the literalism of Civil War, and more...
House Speaker Mike Johnson worked with President Biden to push through a $95 billion foreign military aid package—most of which goes to the American military-industrial complex.
It's a good idea that will hopefully be imitiated by our allies.
Plus: Skirting New York residency requirements, undisclosed AI use in documentaries, prison commissary markups, and more...
Elica Le Bon, an attorney and Iranian-American activist, talks about Iran's recent strike on Israel on the latest episode of Just Asking Questions.
Many of the Washington hawks calling for war with Iran had sworn up and down that more pressure was not a path to war.
It's a test of the unofficial coalition that's effectively ruling the House right now.
Plus: A listener asks the editors for examples of tasks the government does well (yikes).
Plus: Trump's trial, MMA fighter trots out Mises, the forgotten canceling of Brendan Eich, and more...
Washington quietly funded Israeli-Iranian proxy wars for years. Now American men and women are directly involved.
President Biden said that we will “do all we can to protect Israel’s security” after Israel killed an Iranian general.
Alex Garland's latest post-apocalyptic thought experiment is a war movie without a take.
Plus: A listener asks the editors for examples of left-leaning thinkers who also hold libertarian ideas.
Joe Biden is the latest of a string of presidents to deny Congress its rightful role in war making.
The U.S. is dispensing munitions to Ukraine and Israel faster than they can be replaced.
The U.S. is dispensing munitions to Ukraine and Israel faster than they can be replaced.
In the process, the court also rejected Texas's argument that illegal migration and drug smuggling qualify as "invasion."
It only took a generation to go from ration cards to exporting electronics.
Texas is wrong to equate illegal migration and drug smuggling with invasion. If accepted by courts, the argument would set a dangerous precedent.
The state's position is at odds with the text and original meaning of the Constitution and would set a dangerous precedent if accepted by federal courts.
In his State of the Union address, Biden promised indefinite U.S. involvement in Ukraine, Gaza, Yemen, and beyond.
Jack Teixeira shared documents on the war in Ukraine to a gamer group on Discord.
The ruling has the most extensive discussion of the meaning of "invasion" in the Constitution ever included in a court decision.
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Listening to the sounds of war at the site of the October 7 Hamas attack.
Plus: Moscow subway stations, climate activists souping and glueing, Rachel Dolezal's plight, and more...
It’s true that the U.S. pays too much of the continent’s defense bills even as it’s going broke.
Plus: An immigration deal that's already collapsing, more expensive Big Macs, and Taylor Swift (because why not).
Director Takashi Yamazaki brings to the screen the most dreadful version of Godzilla since the franchise began.
Sitting with the mother of Ahmad Abu Latif, a Bedouin killed on the Gaza border.
Plus: Trump vows a costlier trade war, Elon Musk's brain implant, and more...
Plus: A listener asks if libertarians are too obsessed with economic growth.
The U.S. base on the Jordanian-Syrian border has long been "strategic baggage."
The argument is badly wrong, and would set a dangerous precedent if ever accepted by courts.