“The Trump administration’s suspension of the Jones Act is well-reasoned; the Jones Act has kept oil prices in America higher than they would otherwise have been by increasing the cost of transporting oil. The Jones Act forces domestic shippers to use expensive ships with expensive crews, which drives up shipping costs beyond what a free market would bear. However, paying more for domestic shipping could easily be worth the cost if it made America more secure. Unfortunately, the Jones Act is a hindrance to American security.” (03/27/26)
“Nepal’s former prime minister, K.P. Sharma Oli, was arrested on Saturday as police investigate whether he was negligent in failing to prevent dozens of deaths in a crackdown on Gen Z-led anti-corruption protests last September, officials said. Oli’s arrest, which his lawyer said was illegal and sparked protests by supporters who clashed with police, followed rapper-turned-politician Balendra Shah’s swearing in as prime minister on Friday and a recommendation by a panel investigating violence during the protests that he should be prosecuted for negligence. His former home minister, Ramesh Lekhak, was also arrested. Seventy-six people were killed last September during a police crackdown and arson and violent unrest during the protests, which led to Oli’s resignation.” (03/28/26)
“Our civil justice institutions are about 100 years old, dating back to the progressive era and the adoption of the Federal Rules of Civil Procedure. But the world has changed a lot since then. In particular, the number of transactions in society has exploded, as population growth, economic growth, and technological change have exponentially increased the activity in society that leads to disputes. Separately, alongside the rise in civil disputes, the cost of the time and attention of legally trained experts has skyrocketed, rising faster than inflation for generations.” (03/27/26)
Source: The Daily Economy
by Anthony Storer, James Hop, Patrick O’Keefe, & Timothy G Nash
“The forces propelling gold higher today extend beyond its safe-haven status. A mix of technological change and geopolitical restructuring is reshaping how investors view gold. The result is a powerful combination of structural demand and constrained supply. These conditions help explain gold’s strong performance and why many believe its appeal is far from over. Below are thirteen major forces shaping the modern gold market.” (03/27/26)
“[W]e require no heroic assumptions to understand that free immigration is good. New people and different ways of doing and seeing things mix with the existing cultural elements to produce, on the whole, innovation and immense general benefits. (See the work of Julian Simon and Matt Ridley.) All we need is freedom, an expectation of self-responsibility, and no government interference. In those conditions, reality and capitalism teach and reward virtue.” (03/27/26)
