America needs immigrants as much as they need liberty’s blessings

Source: Washington Post
by George F Will

“Two dissimilar government agencies have inadvertently combined to clarify the immigration debate. Stomach-turning excesses by Immigration and Customs Enforcement have turned many Americans’ abstract political preference into something uncomfortably concrete. And the Census Bureau has demonstrated that the nation needs immigrants as much as they need the blessings of American liberty.” (03/13/26)

https://archive.is/HEOLJ

Warsh: The Fed Helped Create Fiscal Dominance

Source: The Daily Economy
by William J Luther

“For decades, economists have warned about the risk of fiscal dominance. Over the past year, the topic has graduated to news headlines. At first glance, the US’s deteriorating fiscal situation appears to be the culprit. Kevin Warsh sees it differently: fiscal dominance is an outgrowth of Federal Reserve actions that enabled profligate federal spending, led the Fed to stray from its monetary mission, and ultimately undermined Fed independence. In other words: the problem of fiscal dominance is actually one of monetary policy run amok.” (03/13/26)

https://thedailyeconomy.org/article/warsh-the-fed-helped-create-fiscal-dominance/

Pope Leo moves into papal residence eschewed by Pope Francis

Source: ABC News

“Ten months after taking office, Pope Leo XIV on Saturday finally moved into his apartments in the Vatican’s Apostolic Palace, a historic papal residence that his predecessor had eschewed. … Leo, the first U..S pope, decided to move into the apartments in the wake of his May 8, 2025, election as head of the world’s 1.4 billion Catholics. But after being abandoned under the late Pope Francis, who chose a more modest dwelling elsewhere in the Vatican, they required extensive renovation. During the interim, the 70-year-old Leo continued staying at the Palace of the Holy Office, near the Vatican, where he had lived as a cardinal.” (03/14/26)

https://www.cbsnews.com/news/pope-leo-moves-into-historic-papal-apartments/

Why Does the Division of Labor Matter?

Source: EconLog
by Brianne Wolf

“The division of labor increases production and makes it more efficient by dividing the separate tasks of making an object among different individuals and thereby simplifying the job each person must perform. On the economic side of things, this innovation that Smith recognized helped spark the Industrial Revolution, and was a precursor to comparative advantage …. As part of Gen Z, the generation of side hustles and multitasking, my students should appreciate the division of labor more than most, and yet when I think about most of them, the marvel that is the division of labor — that we don’t have to make each and every thing we use in our daily lives from start to finish ourselves or pay the price for someone else to do this — is lost on them.” (03/13/26)

https://www.econlib.org/econlog/why-does-the-division-of-labor-matter

Over 100,000 without power as major storm batters Hawaii

Source: SFGate

“A slow-moving storm is battering Hawaii with heavy rain, flash flooding and damaging winds, knocking out power for more than 100,000 Hawaiian Electric customers, including parts of Waikiki. Some streets are also underwater.” (03/14/26)

https://www.sfgate.com/hawaii/article/hawaii-storm-flooding-dam-22076847.php