How Social Contract Theory Became State Apologetics

Source: Ludwig von Mises Institute
by Joshua Mawhorter

“While not entirely consistent in every respect, the Declaration of Independence — as an act of secession — can be understood as one of the earliest major challenges to centralized, modern, sovereign authority within the emerging nation-state system. Although it created new states rather than abolishing state power itself, it decentralized and imposed limits upon British imperial sovereignty through an appeal to self-government and national self-determination. To their great credit, Locke and Jefferson both affirmed pre-political natural rights, that the only legitimate role of government is to protect those rights, and that rights remain rights and crimes remain crimes whether one is a private individual or a state elite.” (05/22/26)

https://mises.org/mises-wire/how-social-contract-theory-became-state-apologetics

Scaled-up SpaceX Starship megarocket finds mixed success in debut test flight

Source: CNN

“The 12th test flight of SpaceX’s Starship megarocket came to a dramatic close, with the spacecraft managing to complete a controlled splashdown in the Indian Ocean despite operating without one of its engines. The spacecraft — a new prototype called Starship V3 — released mock satellites during a brief suborbital journey. The test flight was the Starship program’s first since October. The company experienced several mishaps with its V2 prototype and scrubbed its first V3 launch attempt Thursday evening after issues arose with seconds left on the countdown clock. SpaceX is racing to get Starship ready to launch satellites and carry humans into deep space. The company hopes to fulfill NASA’s plan to use the vehicle to land its astronauts on the moon by 2028.” (05/22/26)

https://edition.cnn.com/2026/05/22/science/live-news/spacex-starship-flight-12-version-3-launch

Development by Consent

Source: EconLog
by Peter Boettke

“European powers frequently justified conquest by claiming that they were bringing civilization, Christianity, and economic improvement to the peoples they conquered. Smith rejected this narrative. In The Wealth of Nations, Smith described the ‘savage injustice’ of European colonial expansion, conquest and exploitation rather than benevolent improvement. Instead of imposing progress through force, Smith envisioned an alternative based on voluntary exchange and mutual gains from trade. The meeting of different societies, he argued, could have produced enormous benefits if it had occurred through peaceful commerce rather than coercion. The crucial issue for Smith and Easterly was not simply whether development increased material output but whether it respected the autonomy of individuals and communities.” (05/22/26)

https://www.econlib.org/econlog/development-by-consent

US navy chief says $14 billion arms sale to Taiwan paused due to Iran war

Source: BBC News [UK state media]

“The US is pausing a $14bn (£10.4bn) arms sale to Taiwan to ensure it has enough weapons for the Iran war, acting Navy secretary Hung Cao has said. Cao confirmed this at a Senate hearing, days after President Donald Trump appeared non-committal about the sale following his meetings with Chinese leader Xi Jinping. A spokesperson for Taiwan’s presidential office told reporters on Friday that they had not received any information about ‘US adjustments to the arms sale.’ The sale of US arms to Taiwan has long irked Beijing, which [pretends] the self-governed island [i]s its territory and has not ruled out taking it by force.” (05/22/26)

https://archive.is/ZPQ0N

Only a Fool or a Politician Would Cap Food Prices

Source: Foundation for Economic Education
by Andrew Lilico

“It sounds so simple. If consumers are suffering because prices are going up, then forbid that. Who could object, beyond greedy firms profiteering by pushing prices up? … If the government caps the prices of supermarket products, that will make those products unprofitable for the supermarket to stock and also mean that consumers have to pay less for them than their economic value, the consequence being that they will sell out and not be available. Why would I, as a consumer, want key products to be unavailable in supermarkets?” (05/21/26)

https://fee.org/articles/only-a-fool-or-a-politician-would-cap-food-prices/

Canada: Alberta voters to vote on prospective secession

Source: Politico

“Alberta Premier Danielle Smith says her United Conservative Party government will hold a referendum in October to ask Albertans if they want to remain in Canada, or start the process toward a binding separation referendum. … The announcement marks an escalation of separatist tensions in the oil-rich and staunchly conservative province, a flashpoint that will test Prime Minister Mark Carney’s leadership as Ottawa is forced to respond to a growing national unity crisis. For months, Smith been under fire from separatist groups demanding a vote on Alberta leaving Canada, a push largely driven by Stay Free Alberta, a grassroots movement that claims to have collected more than 300,000 signatures in support of a separation referendum.” (05/21/26)

https://www.politico.com/news/2026/05/21/alberta-separation-referendum-00933323

Trump’s Approval Rating Is Cratering. Tariffs Are a Big Reason Why.

Source: Reason
by Veronique de Rugy

“Donald Trump is now an unpopular president. Some of this dissatisfaction is due to the war in Iran. Some of it springs from the unanticipated speed, chaos, and perceived brutality of several of his administration’s actions over the past year and a half. But a significant part of his political problem has a straightforward economic explanation: Everything feels expensive, and his tariffs are a major reason why. If the president wants to help himself and his party ahead of this year’s midterm elections, the most effective thing he can do is eliminate the tariffs. The evidence in favor of this move is overwhelming, and it comes from his own tenure.” (05/21/26)

https://reason.com/2026/05/21/trumps-approval-rating-is-cratering-tariffs-are-a-big-reason-why/