Jeffrey Miron and Jacob Winter According to the Food and Drug Administration (FDA), its mission is partly to “[regulate] the manufacturing, marketing, and distribution of tobacco products to protect the public health.” Is it achieving that mission? Research suggests not. A recent study (Cato Research Brief no. 427) [evaluated] the full effect of FDA drug regulation—from initial application preparation to post-market activities—for [e‑cigarettes], which the Circuit Court for the District of Columbia unexpectedly exempted from drug regulation in December […]
The brief, just filed yesterday in district court is here; I was pleased to be one of the very many signers. Here’s the Summary of Argument: The President’s Order is a self-declared act of retribution that targets a law firm for representing clients and causes the President disfavors. In inflicting this retribution, the Order contradicts centuries of precedent safeguarding free speech, the right of association, and the right to petition. These precedents establish that the First Amendment “prohibits […]
Sometimes, when a pendulum swings too far, there’s an urge to replace the weight with a wrecking ball. In some ways, that’s good. Eyesores should be demolished after over-eager architects get out of hand. Insane and Suicidal The Biden border policy was insane to the point of being suicidal. That administration didn’t merely allow illegal aliens, it welcomed them… like a Maître d’ showing diners to their table. From the far reaches of the world, “migrants” were funneled thru the […]
Last Saturday the New York Times completely abandoned the official narrative of the Ukraine Conflict, thus overturning the apple cart full of lies. Jeff Childers gives us the gist of the New York Times abandonment of the ruling lie. See here. What is the explanation? My guess is that the Deep State has decided to abandon the conflict and is most likely the author of the Times’ article. The purpose of the article is to set up Zelensky […]
Are you a tech optimist or pessimist? Do you think our advancing technology—in areas such as artificial intelligence, quantum computing, robotics, and space technology—will make our world better or worse? And do you think the new technologies of the last two centuries have more helped or harmed the advancement of mankind? I’ve found that the more traditional a Catholic is, the more likely he is to answer those questions pessimistically. He’s more inclined to be skeptical of the claims […]
Ludwig von Mises’s 1927 path-breaking work in political theory speaks to the current generations. In section 5 of his introduction to Liberalism: The Classical Tradition, Mises sounds impeccably relevant in describing how the opponents of liberalism and the market economy twist facts that are plainly before our eyes. You’ll see how he refuted the absurd claim that capitalism serves only a tiny privileged and exploitative group. The work of most thinkers passes away soon after they do. Not […]
Given that the VC is a blog that is heavily focused on the law and the legal profession in all of its various manifestations, I think it is incumbent upon us to at least pay a little bit of attention to the Trump Administration’s continuing attacks on lawyers and judges, if only to ensure that our silence is not construed as capitulation. So no, I’m not going to let it go—no one’s forcing you to read anything I […]
With Cris Sheridan Apr 1, 2025 – FS Insider welcomes Alan Hibbard, a precious metals and alternative money specialist at GoldSilver.com, about the ongoing bull market in gold and silver. With gold up 19% year-to-date and silver up over 16%, outperforming stocks…