Author: Thomas L. Knapp

Source: Foundation for Economic Education
by Jake Scott

“After a recent Andean Community (CAN) ruling, Ecuador and Colombia have been forced into a climbdown from an escalating trade war that has been heating up since the beginning of 2026. … CAN, formed in 1969 following the Cartagena Agreement and composed of Bolivia, Colombia, Ecuador, and Per — since then expanding to include Argentina, Brazil, Paraguay, and Uruguay as associate members and Chile leaving in 1976 — is explicitly set up to deal with trade in goods and services, the regulation of a customs union between members, a common market, and even foreign policy.” (05/17/26)

https://fee.org/articles/good-trade-deals-make-good-neighbors/

Source: Garrison Center
by Thomas L Knapp

“Because California is the ‘authoritarian law idea? Hold my beer!’ state, governor Gavin Newsom signed legislation last October which requires operating system providers to collect age information on each new user account, and provide an API that lets Internet platforms and app developers access that information so as to exclude users Gavin Newsom doesn’t think should be using those platforms and apps [“for the chillllllllllldren”]. It’s almost, but not quite, funny. It’s almost funny because it won’t take the chillllllllllldren in question more than a few minutes to figure out ways around this kind of thing. ‘Age verification’ laws are, and always have been, political fantasy, as you know yourself if you were ever a 19-year-old college student who used a fake ID to get into a nightclub. It’s not quite funny because it isn’t, and never was, about ‘the chillllllllllldren.'” (05/17/26)

https://thegarrisoncenter.org/archives/20620

Source: Ludwig von Mises Institute
by Joshua Mawhorter

“Like it or not, for several centuries now, Hobbes’s nation-state concept has been the default paradigm and context for modern people whenever they think about government. Without having ever read Hobbes, people will unknowingly repeat his assumptions, presuppositions, concerns, and arguments for the state. Yet — with some simple logic and using Hobbes’s own presuppositions — we can internally critique Hobbes’s argument and see that his proposed solution of the state solves none of the problems he presents.” (05/15/26)

https://mises.org/mises-wire/hobbess-self-defeating-theory

Source: The Daily Economy
by David Hebert

“The legal foundation for taxing every import into the US has now rested, at various points in the past year, on a 1977 emergency powers law, a 1974 statute designed for a monetary system that no longer exists, and — if the administration’s next move is what trade lawyers expect — a Depression-era provision that has never once been used to impose actual tariffs in almost a century. At some point, running out of legal justifications is a signal worth heeding.” (05/15/26)

https://thedailyeconomy.org/article/the-endless-search-for-emergency-tariff-authority/

Source: Libertarian Institute
by Charles Goyette

“Someone, somewhere is making a lot of money. It’s the most brazen plunder since Hillary Clinton was trading cattle futures in Little Rock. Or since Nancy Pelosi was placing stock trades. Come to think of it, there seems to be a whole lot of plunder going on in the world of politics. It’s not just oil in the ‘Age of Trump.’ As President Ronald Reagan’s budget director and a Wall Street veteran, David Stockman is a seasoned observer of political plunder. When Donald Trump suddenly offered up the suggestion that ‘we’ (the taxpayers) buy struggling Spirit Airlines, Stockman wrote a piece called, ‘Was It You, Barron? Someone Made 3.5X On The Donald’s Spirit Airlines Socialism.’ This chart shows Spirit Holdings share price spiking when Trump started his takeover talk on April 21 (and then quickly collapsing).” (05/15/26)

https://libertarianinstitute.org/articles/plunder-war-profiteering-and-spirit-airlines