Headlines
Nature’s Proximal Origin Paper Was a Work of ‘Fraud and Scientific Misconduct,’ Say Scientists Demanding a Retraction
A growing number of people, including prominent scientists, are calling for a full retraction of a high-profile study published in the journal Nature in March 2020 that explored the origins of SARS-CoV-2. The paper, whose…
The Federal Reserve’s Quasi-Fiscal Deficit
"Although realizing losses—or, running quasi-fiscal deficits—is new to the Fed, it is more common in developing countries. The consequences of running quasi-fiscal deficits include inflation and lack of central bank…
The Federal Reserve’s Quasi-Fiscal Deficit
"Although realizing losses—or, running quasi-fiscal deficits—is new to the Fed, it is more common in developing countries. The consequences of running quasi-fiscal deficits include inflation and lack of central bank…
Waller Explains Why the Fed is Still Raising Rates
"While Waller sees the recent slowdown in inflation as positive, he is not ready to declare victory as it is only a single data point." ~ Bryan P. Cutsinger
The 1983 Video Game Crash and a History Lesson for Lina Khan
The video game industry is getting a lot of attention lately thanks to both exciting tech advancements and unprecedented interference by the Federal Trade Commission (FTC). The sector has witnessed substantial growth in…
Doctors Sue California Regulators over Mandatory Implicit Bias Training for Physicians
A federal lawsuit filed by the Pacific Legal Foundation (PLF) on August 1 argues the state of California is violating the free speech rights of doctors by mandating that they include “implicit bias” training in their…
In Defense of Tipping, Part II: Price Discrimination
"Whereas most price discrimination is instigated from the side of the seller, tipping represents a cultural mechanism that obligates consumers to reveal their own preferences and share their consumer surplus with the…
The Fed Hits 3,000 Percent Inflation
"US inflation was not always as persistently high as it has been under the Fed. Before the Fed, the purchasing power of the dollar was determined by supply of and demand for gold." ~ Thomas L. Hogan
US Credit Rating Downgraded, Again
"The reduction of the US credit rating is overdue in light of the long and enthusiastic abandonment of fiscal soundness in Washington DC, recently abetted by monetary policy authorities." ~ Peter C. Earle
Why Are Some US Street Lights Turning Purple?
I saw it for the first time in Wichita, Kansas. My coworker was driving a shuttle carrying myself and a few students from a guest speaker event, and I noticed something strange—a purple street light. I initially brushed this…
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