The Telephone and the Brief Episode of “Imperfect” Competition (1894–1906)

Source: Ludwig von Mises Institute
by Joshua Mawhorter

“Many mistakenly assume that, on a free market, high barriers to entry and start-up costs so privilege the monopolistic incumbents that it would be virtually impossible for other firms to compete. In such an environment, competition is said to either be improbable or impossible, or—where competition could presumably exist—it is said to be inconvenient or duplicative. Hopefully the reader can see the question-begging in such claims and how the conclusion is presupposed against competition—there is either said to be no competition or there is said to be too much competition. Thus, the public goods argument for ‘public utilities’ and the myth of ‘natural monopoly’ combine to argue that the state ought to provide certain services to prevent market failure and monopoly.” (08/21/26)

https://mises.org/mises-wire/telephone-and-brief-episode-imperfect-competition-1894-1906

CA: Newsom signs controversial “Stop Nick Shirley Act” into law

Source: New York Post

“Gov. Gavin Newsom signed California’s controversial ‘Stop Nick Shirley Act’ into law on Saturday, just days after a radical [sic] left-wing [sic] operative [sic] crashed the journalist’s Capitol interview and launched a crude personal attack on him. Assembly Bill 2624 expands California’s Safe at Home program to employees of nonprofits that serve people navigating the immigration system. Critics have blasted the measure as a way to intimidate people ‘trying to shine light on bad behavior.’ The law takes effect Oct. 1, 2027. … Shirley, an independent journalist and YouTuber, has made videos following immigrant workers and accusing them of fraud. … On Wednesday, Shirley was conducting a sidewalk interview outside the California State Capitol in Sacramento when Terry Schanz, chief of staff to Democratic Assemblywoman Tina McKinnor, allegedly barged into the encounter. … He held up a printed flyer and asked: ‘Did you guys hear that Nick Shirley has a small penis allegedly?'” (08/22/26)

https://nypost.com/2026/08/22/us-news/gavin-newsom-signs-controversial-stop-nick-shirley-act-into-law/

What Would a Brutally Honest Man Look Like?

Source: Brownstone Institute
by Filipe Rafaeli

“iogenes was one of the most iconic philosophers of ancient Greece. He roamed the streets of Athens in broad daylight carrying a lit lantern. When asked why he was performing such an unusual scene, Diogenes would reply that he was looking for an honest man. He never found one. More than two thousand years later, Diogenes’ questioning remains just as valid and relevant as much of the teachings of the ancient Greek philosophers.” (08/21/26)

https://brownstone.org/articles/what-would-a-brutally-honest-man-look-like/

Somali pirates hijack oil tanker off Yemen in latest attack

Source: ABC News

“Somali pirates hijacked an oil products tanker off Yemen, a Somali maritime security official said, the latest in a resurgence of piracy that has seen six commercial vessels seized since April across the Gulf of Aden and western Indian Ocean. Six armed pirates hijacked the Eritrean-flagged M.T. Sibu 1 on Thursday about 136 nautical miles (252 kilometers) east of al-Mukalla, Yemen, and took it toward Somalia’s Puntland coast, the official, who has knowledge of the incident, told The Associated Press on Friday. He spoke on condition of anonymity as he was not allowed to discuss the matter publicly. The Sibu 1, managed by the UAE-based Qatrat Alnada Almasi Ship Management, was sanctioned by the U.S. Treasury Department last year for allegedly belonging to an Iranian ‘shadow fleet’ used to transport petroleum products seeking to evade U.S. sanctions.” (08/22/26)

https://abcnews.com/International/wireStory/somali-pirates-hijack-oil-tanker-off-yemen-latest-135860915

New Mexico – “what’s free speech worth?”

Source: The Price of Liberty
by Nathan Barton

“The most recent stupidity generated in Santa Fe is an attack on various satirical publications. Most notably, the Babylon Bee. As reported by the Alliance Defending Freedom (ADF), New Mexico has joined two other States in requiring warnings on all AI-generated political content, and on prohibiting such content within a certain window of time before elections. (We are unsure and were not able to confirm which two States are similar, but suspect it is California and Hawai’i. Although other source suggest it is Texas and Colorado.) But what we did discover is that the problem is far more than just three States.” (08/21/26)

https://thepriceofliberty.org/2026/08/21/new-mexico-whats-free-speech-worth/

Natalie Harp and the American Don (Juan)

Source: Liberal Currents
by Alan Elrod

“Harp’s letters are intimate, obsessive, tinged with romance and a slavish devotion to the man currently laying waste to the American republic. They are the sign of someone who, if not in love, is undeniably taken with Trump in a way that goes beyond even the intensities of schoolgirl adoration. As one commenter put it, her writing is ‘not a love letter, it’s a cult devotional.’ The love question, at least in its physical dimension, strikes me as a superficial concern anyway. I agree with commentators like Jonathan V. Last that this is almost certainly not a sexual relationship. I have argued previously that the psychosexual unmooring of the American right is a central part of our descent into authoritarianism. The obsession with Trump himself has often veered into a set of lurid, fantastical projections.” (08/22/26)

https://www.liberalcurrents.com/natalie-harp-and-the-american-don-juan/

DR Congo: Regime, M23 rebels agree roadmap for peace talks

Source: BBC News [UK state media]

“The Democratic Republic of Congo government and the Rwanda-backed M23 rebel group have agreed a roadmap for peace talks. In a joint statement after five days of talks in Switzerland, they said they had pledged to ‘pursue negotiations towards comprehensive peace and conflict resolution’ and set up a mechanism to monitor the ceasefire. The roadmap sets out a timeline for talks under a US-brokered peace framework which they signed in 2025 – only for fighting to then continue in eastern DR Congo, which has been engulfed in conflict for decades. But disagreements remain over issues including sanctions against M23, the release of detainees and the timing of political reforms.” (08/23/26)

https://www.bbc.com/news/articles/cre4e1q3wewo

Abolish the Department of Education? Yes, but Don’t Stop There

Source: Future of Freedom Foundation
by George Leef

“When Jimmy Carter ran for president in 1976, he received support from the teachers’ unions, and to pay them back, he pushed for the Department of Education as a means to help the unions solidify their control and squeeze out more money than they could get just from states and localities. There was no public demand for federal meddling in education — this was pure, special-interest politics. … When Alexis de Tocqueville visited the United States in 1830, he noted in his famous book Democracy in America that the level of literacy here was amazingly high, without any government involvement. How, then, did what we call ‘public education’ get started?” (08/21/26)

https://www.fff.org/explore-freedom/article/abolish-the-department-of-education-yes-but-dont-stop-there/