Those Who Support Any Interventionist War Support Economic Fascism [ far leftism ]

Those Who Support Any Interventionist War Support Economic Fascism [ far leftism ]

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War requires massive state/government intervention in the economy, which is justified by the left as the needs of war. This allows those who have grown the state as a need for the existing war keep pursuing this growth by starting yet another war [ endless wars ]. The monetary inflation [ both the economic policy of inflation [ currency devaluation ] and the subsidies [ corporate welfare ] to corporations [ state sanctioned institutions via he 14th amendment […]

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Who Gives Two Hoots About the Houthis!

Who Gives Two Hoots About the Houthis!

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Yesterday we noted that the ascension to NATO of the Balkan Five (Croatia, Slovenia, Macedonia, Montenegro and Albania) and the Baltic Three (Lithuania, Latvia and Estonia) amounts to some kind of bad joke. Their combined active military forces total just 66,000 servicemen, which is exactly equal to the combined 66,000 man police forces of New York City, Chicago, Los Angeles and Philadelphia. Likewise, their combined defense budgets are $8 billion annually or about the level of Pentagon spending […]

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The LSAT Is Not What It Used to Be

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The Law School Admission Test (LSAT) has undergone significant changes over the past two decades–changes in its composition, administration, and score reporting–that may be affecting its reliability as a predictor of law school performance. In addition, US News has changed its weighting and treatment of LSAT scores, altering the incentives for law schools to prioritize the LSAT scores of applicants, though it is not clear many law schools have altered their admissions practice accordingly (at least not yet). Derek […]

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Quotation of the Day…

Quotation of the Day…

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Tweet … is from page 172 of F.A. Hayek’s 1950 essay “Economics,” written for Chambers’s Encyclopaedia, as this essay is reprinted as chapter 11 in Essays on Liberalism and the Economy (2022), which is volume 18 (expertly edited by the late Paul Lewis), of The Collected Works of F.A. Hayek (footnote deleted): There is ground for doubt whether we shall ever be able fully to explain why individuals act as they do; and in so far as we […]

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