Five Ideas to Survive a Hot, Dry Summer

Source: Property and Environment Research Center
by staff

“As American summers grow drier and hotter, the institutions built to manage lands, water, and wildlife have not kept pace. These institutions, made up of laws, policies, contracts, and other rules that govern how we allocate water, manage forests, prevent wildfire, and conserve wildlife, were designed for a cooler, wetter, and more stable environment. This report focuses on helping institutions adapt to our changing reality. It proposes practical recommendations within five topical areas that can help people and ecosystems weather this summer as well as the years ahead.” (06/18/26)

https://www.perc.org/2026/06/18/five-ideas-to-survive-a-hot-dry-summer/

Bank of England holds interest rates at 3.75% amid Iran war peace prospects

Source: CNBC

“The Bank of England held U.K. interest rates at 3.75% on Thursday, as policymakers continue to balance the need to address above-target inflation with lackluster economic output. The hold, which was in-line with the expectations of economists polled by Reuters, was backed by seven of the nine monetary policy committee members in the BOE’s May meeting. BoE chief economist Huw Pill and Megan Greene, an external member of the rates-setting Monetary Policy Committee, were the two dissenting voices. Pill and Greene both cast votes to hike the BOE’s ‘base rate’ by 25 basis points to 4%.” (06/18/26)

https://www.cnbc.com/2026/06/18/inflation-interest-rates-uk-bank-of-england-iran-deal.html

The Nanny-Statists Lack Evidence for Their Campaigns

Source: Foundation for Economic Education
by Christopher Snowdon

“In my new book, Inside the Sausage Factory, I examine four campaigns for ‘public health’ policies in the 2010s and examined all the evidence that was marshalled for and against them. It turns out that the evidence for them wasn’t very good and there wasn’t much evidence marshalled against them, but that isn’t really the point. Nor does it matter that all the policies failed. A bad policy introduced on the basis of poor evidence is still an evidence-based policy. The question—or my question at any rate—was whether the four policies were evidence-based at all.” (06/18/26)

https://fee.org/articles/the-nanny-statists-lack-evidence-for-their-campaigns/

Ecuador: Suspected gang leader shot dead in flower bouquet ambush at airport

Source: BBC News [UK state media]

“An Ecuadorean man, who police accuse of leading a faction of one of the country’s most feared criminal gangs, has been shot dead as he was leaving the airport in Ecuador’s largest city, Guayaquil. Security footage shows two young men waiting outside the arrivals terminal holding stuffed toys and flowers before one of them approaches the victim, pulls his gun from behind a teddy and shoots him point-blank. Police have detained two teenagers in connection with the crime, the latest in a widespread wave of gang violence. … Ecuador’s interior minister, John Reimberg, identified the victim of Wednesday’s attack as 39-year-old Carlos Alberto Suástegui Villanueva, who he said was the leader of the Los Águilas gang in El Triunfo, a region east of Guayaquil.” (06/18/26)

https://www.bbc.com/news/articles/c4gy2l30dd0o

1776 All-Stars: Why a Pseudonymous Anti-Federalist Is My Favorite Founder

Source: Reason
by Jesse Walker

“I do not know my favorite Founder’s name. I just know that in 1788 a Baltimore newspaper published a series of pseudonymous essays where he warned against standing armies, called for a bill of rights, and declared, paraphrasing Jonathan Swift, that ‘laws are cobwebs, catching only the flies and letting the wasps escape.’ See-sawing between fears of an aristocratic legislature and a tyrannical executive, he argued that we’d be best off with the highly decentralized democracy found in certain Swiss cantons.” (06/18/26)

https://reason.com/2026/06/18/1776-all-stars-a-farmer/

Three Saudi-flagged supertankers sail through Hormuz after Iran deal signed, data shows

Source: Reuters

“Three Saudi-flagged supertankers with six million barrels of crude onboard sailed through the Strait of Hormuz ​hours after U.S. President Donald Trump signed a deal with Iran over an ‌end to their war, ship tracking data showed on Thursday. Other tankers showed their positions sailing through the strait on public ship tracking on Thursday after weeks of ships concealing their voyages when crossing ​through the waterway. The sailings from Saudi ports were the biggest departures through ​the strait in weeks, according to Reuters analysis of shipping movements. Saudi Arabia ⁠has mainly used its Red Sea port terminal of Yanbu to ship out oil ​due to the conflict which started on February 28 and which has stopped hundreds ​of millions of barrels of oil from leaving from Gulf producer ports through the Strait of Hormuz.” (06/18/26)

https://www.reuters.com/world/middle-east/three-saudi-flagged-supertankers-sail-through-hormuz-after-iran-deal-signed-data-2026-06-18/