Can Other States Learn From California’s Property Tax Experiment?

Source: The Daily Economy
by Patrick Carroll

“Capping property taxes isn’t all upside, but California’s Proposition 13 shows how tax limits can protect property owners from sudden increases and provide greater predictability.” (10/06/26)

https://thedailyeconomy.org/article/californias-prop-13-solved-one-property-tax-problem-and-created-others/

Starbucks sued over ‘sugar-free’ claims for protein beverages

Source: Honolulu Star-Advertiser

“A proposed class-action lawsuit filed Friday in Seattle federal court accuses Starbucks of falsely advertising eight of its protein beverages as ‘sugar-free’ when they actually contain between 13 and 21 grams of naturally occurring sugar per serving. The lawsuit claims the Seattle-based coffee giant misled consumers who ordered 20-ounce or 24-ounce ‘venti’ sizes of its new protein-focused drinks. The complaint states that while the beverages may not contain added sugars, the milk used in them introduces lactose, a form of natural sugar, exceeding federal limits for ‘sugar-free’ labeling.” (10/05/26)

https://www.staradvertiser.com/2026/10/05/breaking-news/starbucks-sued-over-sugar-free-claims-for-protein-beverages/

Private Companies Will Finance the Welfare State

Source: Foundation for Economic Education
by Wojciech Wyszomierski

“Since the start of the 21st century, Poland has seemed like a textbook example of sustainable development. The break from a centrally planned economy in the late 1980s, the opening of the market, and relatively low labor costs attracted substantial foreign capital. GDP began to grow rapidly, and for the first time, money appeared in Poles’ pockets. While Western Europe focused on developing the welfare state, Poland consistently reinvested its earnings …. While in 1990, Poland’s GDP per capita did not exceed $2,000, 20 years later it had risen to over $12,000. However, not everyone was pleased with this. Poorer residents, bombarded with reports of an improving economic situation, began to voice their belief more and more boldly that they were entitled to a slice of the state’s pie.” (10/06/26)

https://fee.org/articles/private-companies-will-finance-the-welfare-state/

AI Versus Everything Else

Source: Paul Krugman
by Paul Krugman

“Until now, discussions of the potential economic problems created by the AI boom have mostly focused on the future. Will it destroy millions of jobs? Is there a bubble and will it cause a severe recession if it bursts? Will it destroy humanity? While these are doubtless very important questions, attempts to answer them are at best educated guesses. We don’t have to guess, however, about one major effect of the AI boom, because it’s happening right now: Massive spending on data centers is crowding out investment in everything else in the economy.” (10/06/26)

https://paulkrugman.substack.com/p/ai-versus-everything-else

Radical Decentralization: Liechtenstein’s Quiet Revolution

Source: Cobden Centre
by Thorsten Polleit

“The world’s highest per-capita incomes are found in small political units—such as Monaco, Liechtenstein, Luxembourg, Switzerland, Singapore, and the Cayman Islands. Economically, the finding is easy to explain: small political units are not autarkic; they compete internationally for talent and capital. That is why they must treat their residents and firms well and offer attractive living conditions and a business-friendly framework. Above all, small political units must keep the tax burden low, remain peaceful toward their neighbors, and refrain from military adventures. Yet even small political units are not immune to the abuse of state power.” (10/06/26)

https://www.cobdencentre.org/2026/10/radical-decentralization-liechtensteins-quiet-revolution/

What the Bond Market Reveals about Congress, the National Debt and the Middle Class

Source: Independent Institute
by Alexander William Salter

“High bond yields informally signal that the government absorbs too much of the nation’s scarce capital.” (10/05/26)

https://www.independent.org/article/2026/10/05/bond-market-revelations-congress-debt-middle-class/

Kosovo: Protesters Clash With Police Over War Crimes Court Law

Source: US News & World Report

“Protesters clashed with police outside ⁠Kosovo’s ⁠government and parliament buildings on ⁠Monday, calling for lawmakers to pass legislation that would limit the ​powers of a Kosovo war crimes court in The Hague. The protest came weeks after the court sentenced ‌former President Hashim Thaci and ‌three others to a combined 81 years in prison for war crimes. Police fired tear gas ⁠and used ⁠water cannon to disperse demonstrators who threw firecrackers and stones at ​officers guarding parliament and government buildings in central Pristina.” (10/05/26)

https://www.usnews.com/news/world/articles/2026-10-05/protesters-clash-with-police-over-kosovo-war-crimes-court-law