Author: Thomas L. Knapp

Source: EconLog
by Jon Murphy

“We rely on experts for a lot of our information. By ‘expert,’ I mean someone who is paid for their opinion. Roger Koppl uses this definition in his 2018 book Expert Failure, and I use the same definition in my research, which is based on his book. This definition is useful because it allows us to sidestep the endless (and, frankly, arbitrary) discussion about who counts as an expert. … When we deal directly with an expert (our doctor, our mechanic, our meteorologist), we can get the information firsthand. But in a large organization, there are often several layers of communication between the expert (the one producing the opinion) and the non-expert using the opinion.” (06/25/26)

https://www.econlib.org/econlog/bureaucratic-information-gathering

Source: The Daily Economy
by Thomas L Hogan

“The Fed pays banks billions more in interest than it earns on assets. Could a floor system save the central bank from future losses?” (06/25/26)

https://thedailyeconomy.org/article/why-is-the-federal-reserve-paying-banks-billions-in-interest/

Source: Antiwar.com
by Dennis Kucinich & Elizabeth Kucinich

“The United States Congress, on the very eve of the 250th anniversary of our Declaration of Independence from Great Britain, is preparing to formally diminish American independence and sovereignty through a proposed merger and long-term integration of executive functions throughout the government, coordinated by the Department of Defense. Treacherous provisions in the 2027 National Defense Authorization Act (NDAA) mandate that the U.S. State Department, the U.S. Commerce Department, and the heads of other relevant Federal departments and agencies cooperate with their Israeli counterparts for the purpose of consolidating U.S. and Israeli military activities in order to align efforts and avoid duplication.” (06/25/26)

https://original.antiwar.com/kucinich/2026/06/24/congress-is-preparing-to-surrender-american-sovereignty-on-the-eve-of-americas-250th-anniversary/

Source: Persuasion
by Andrea Miotti

“As today’s AI companies race to create artificial intelligence that is smarter than humans, governments around the world are failing to meet the moment. … The only solution is an international prohibition on the development of superintelligent AI.” [editor’s note: In other words, only “rogue states” would develop superintelligence. How’s that likely to work out for everyone else? – TLK] 06/25/26)

https://www.persuasion.community/p/time-for-a-global-moratorium-on-superintelligenc

Source: Karl Dickey’s Freedom Vanguard
by Karl Dickey

“The new federal ROAD to Housing Act focuses on relief for community banks, changes to manufactured housing rules, and updates to existing federal programs. It limits large investors from buying single-family homes. The bill authorizes no new funds in most of its sections. Proponents say the country faces a severe housing shortage. As usual, the federal government is behind the curve. But the ROAD Housing Act is a mixed bag, like most laws. The positive: loosens some regulations. The negative: it will restrict supply (opposite of its intent).” (06/25/26)

https://palmbeachexaminer.substack.com/p/why-the-road-to-housing-act-will