“A federal judge in Manhattan blocked New York state from enforcing a first-of-its-kind law prohibiting landlords and real estate industry professionals from using algorithmic pricing tools to set, and potentially inflate, residential rents. US District Judge Valerie Caproni issued a preliminary injunction on Tuesday in favor of RealPage, a software provider owned by private equity firm Thoma Bravo, which said the law violated its First Amendment free speech rights by restricting use of its software’s pricing recommendations. … Richardson, Texas-based RealPage sued two days after reaching a settlement with the US Department of Justice and agreeing to restrict its algorithmic software from using non-public data from competitors to generate price recommendations.” (09/30/26)
Source: Foundation for Economic Education
by Nima Sanandaji & Klas Tikkanen
“Since 2017, the geography of knowledge-intensive employment in Europe has been closely studied by examining the share of adults in 34 European countries and 244 regions who are employed in highly knowledge-intensive technology jobs—in other terms, roles that rely heavily on expertise, technology, and research as well as advanced information processing and cognitive skills. The results are very clear: countries in Europe with lower taxes have a higher concentration of knowledge-intensive jobs and are also where new knowledge-intensive jobs are growing.” (09/30/26)
“Trump had the most zealous followers of anyone this side of Osama bin Laden, and in his first term, he did a certain amount of fan service. He cracked down on illegal (and legal) immigration, made gestures toward building a wall on the southern border, cut taxes, withdrew from the Iran nuclear deal and the Paris Climate Accords, and insulted and belittled everyone from Hillary Clinton to John Lewis. Was there profiteering as well? Sure. … But it was all pretty low-key compared with the sequel. In his second term, Trump has been a caricature of a plutocrat, gilding the Oval Office, grinding the White House East Wing into dust to build his garish ballroom, plastering his name on everything in his line of sight, issuing commemorative coins with his face on them, and vacuuming up wealth for himself and his family on a scale that has never been seen in American history.” (09/30/26)
Source: David Friedman’s Substack
by David Friedman
“Looking into the controversy over Ritalin and related drugs for controlling ADHD I was struck by a puzzle. Currently, about twelve percent of children are diagnosed with ADHD; those so diagnosed are widely claimed to be unable to function in a classroom without medication. The number is twice what it was thirty years ago.” (09/30/26)
“Romania’s parliament rejected Siegfried Mureșan’s attempt to form a government Wednesday, deepening a crisis that began when the coalition collapsed in May. President Nicușor Dan, an independent moderate, proposed MEP Mureșan for the job — but lawmakers in Bucharest refused to back his candidacy in a crunch vote Wednesday. It is the second time parliament has formally voted down Dan’s nominee, and under Romania’s constitution that means a snap election is now a possibility. But Dan does not want to dissolve parliament for a national vote that would likely benefit the far-right Alliance for the Union of Romanians (AUR) party, which is currently ahead in the polls. He wants the feuding political leaders to put aside their differences and make a deal to support a new coalition.” (09/30/26)
“Britain has a million young people doing nothing. Not studying, not training, not working. The ONS counted 981,000 NEETs in April to June 2026, and 393,000 of them were unemployed and looking for work. The number has been climbing for four years. Only one EU country, Romania, now has a higher NEET rate than ours. This is not just a statistic. It is a slow waste of talent, energy and ambition. … We might limit job-seeking benefits for under-25s to six months. After that, the benefit stops and a job starts. Every young claimant still out of work at six months would be offered a fixed-term public service job. … Those who refuse the place would not receive benefit. The deal is simple. Society will not leave you idle, and you will not be paid to stay idle.” (09/30/26)
