Source: EconLog
by David Hebert

“If there’s one thing we can count on in America, it’s that our elected officials will see an affordability crisis and respond to it by stimulating the demand side of the market. Today, we’re seeing this in the case of the housing industry, with Administration officials floating both a new (and improved!) 50-year mortgage and a portable mortgage. Treasury Secretary Scott Bessent says that both of these will help break the ‘logjam’ of owners who are stuck with their 3% mortgages and are reluctant to move, which will help with the affordability ‘crisis’ in the American housing market. After all, if more houses come on the market for sale, won’t that push prices down? This statement belies a fundamental misunderstanding of the difference between supply and quantity supplied.” (12/05/25)

https://www.econlib.org/econlog/housing-supply-vs-quantity

Source: The American Prospect
by David Dayen

“In progressive circles, there is a great fear about the consolidation of Hollywood and the broader media into the hands of allies of MAGA. ABC’s capitulation to Trump is well documented. Larry Ellison’s son David bought Paramount: Stephen Colbert was suddenly off the air, and Bari Weiss was running CBS News. Oracle, Ellison’s company, is the main benefactor of the still-pending TikTok acquisition from its Chinese parent. And Paramount made several overtures to Warner Bros. Discovery (WBD) to buy the company, consolidate its TV and film studios along with its array of cable channels under one roof, and put a conservative oligarch family in charge of CBS, CNN, and a large segment of American entertainment and media. But WBD decided to look at other offers. And today, they chose the higher-value bid: an $82.7 billion merger with Netflix.” (12/05/25)

https://prospect.org/2025/12/05/netflix-warner-bros-entertainment-domination/

Source: Orange County Register
by Steven Greenhut

“Most people see America as an experiment in classical liberalism, whereby the founders created a system of limited government, religious pluralism and liberty. Religious leaders are free to spread their message through the culture — but not to take control of the levers of power and base lawmaking on their sectarian Bible interpretations. The Constitution protects everyone’s natural rights, with its main purpose limiting the sphere of government — not implementing rules to assure proper religious observance. There really is no other way to seriously read our Constitution, but many religious people still argue the founders were Christians who envisioned a Christian nation.” (12/05/25)

https://archive.is/hB2aO

Source: Independent Institute
by Alexander William Salter

“Markets want predictable interest rates. However, that isn’t the Fed’s job. Officially, the Fed has a three-part mandate: full employment, price stability, and moderate interest rates. An unspoken agreement between politicians and central bankers has made this a de facto dual mandate focusing on labor markets and price levels. Managing the money supply addresses both concerns. We need to change how we think about monetary policy, however, or else we’re setting ourselves up to get repeatedly fooled. Adjusting interest rate targets is a means to an end. The interest rate is not the price of money, but rather the price of time. When you borrow, you’re renting capital. Interest rates reflect the value we place on having capital right now, as opposed to later.” (12/05/25)

https://www.independent.org/article/2025/12/05/its-time-to-demystify-the-central-bank/