A Century of Failure: Why It’s Time to Consider Replacing the Fed | George Selgin
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Prof. Eric Goldman (Technology & Marketing Law Blog) has the details; an excerpt from the majority opinion that Prof. Goldman highlights: [H]uman communication is often subtle. Words, phrases, gestures and symbols may carry more than one meaning. All of this gives rise to the potential for ambiguity and uncertainty and, indeed, litigation. The law has long accommodated for this, and courts are often called upon to determine the legal import of a multitude of communication types between individuals. […]
With Cris Sheridan Dec 11, 2024 – Bitcoin recently hit the $100,000 milestone, fulfilling a forecast made by Bloomberg Intelligence’s Mike McGlone four years ago. However, McGlone now believes this price represents a significant peak, both in the short and long term…
Tweet Here’s a letter to a commenter on Facebook: Mr. T__: Reacting to my recent letter in the New York Times that is critical of Trump’s understanding of trade, you post on Facebook that “imports as % GDP doesn’t seem to correlate with the wealth of a country; e.g., US @ 13.89%, Ethiopia @ 13.99%. Argentina @ 13.89%.” One response to your post is simply to say “Great! Trump and other protectionists can stop worrying that an increase […]
Mass surveillance authority Section 702 of FISA, which allows the government to collect international communications, many of which happen to have one side in the United States, has been renewed several times since its creation with the passage of the 2008 FISA Amendments Act. This law has been an incessant threat to privacy for over a decade because the FBI operates on the “finders keepers” rule of surveillance which means that it thinks because the NSA has “incidentally” […]
Tweet Dartmouth’s renowned trade economist, Doug Irwin, explains how real-world experience convinced several prominent scholars to reject protectionist policies. A slice: Thus, [Ian M.D.] Little began the 1960s believing in planning and import substitution and ended the decade supporting trade liberalization and import decontrol. “I am widely regarded as having shifted from uncritical belief in dirigiste planning to excessive trust in the price mechanism,” Little observed. “Apart from the adjectives, this is broadly true.” He characterized his change […]
Travis Fisher and Adam N. Michel President Biden’s signature climate law — the misleadingly named Inflation Reduction Act — must be Republicans’ top target for repeal in the upcoming legislative session. It represents the madness they campaigned against: the Washington establishment remaking America’s energy sector by shoveling tax dollars onto the inflation bonfire while advancing a social justice project that would make Greta Thunberg blush. , The Inflation Reduction Act’s energy and environment subsidies will cost taxpayers about […]
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Federal law requires certain officials to submit financial disclosures. And under 28 U.S.C. §13106(a) the Attorney General can bring a civil action if a covered official “knowingly and willfully fails” to file such a report. Section (b) permits agencies, including the Judicial Conference, to make referrals to the Attorney general: (b) Referral to Attorney General.-The head of each agency, each Secretary concerned, the Director of the Office of Government Ethics, each congressional ethics committee, or the Judicial Conference, […]