“When Hayek was writing, the air was filled with the poisonous creed that, with individual freedom obsolete, central planning of society was the future. The wise ones understood that collectivism was the order of the new day and that no one could be allowed to thwart the leader or ‘the people.’ Fewer and fewer people were aware of what was being lost: a civilization marked by a custom-shattering, liberating individualism that brought commerce, innovation, and progress without a single imposed plan.” (08/21/26)
“If the Democrats’ brash Senate nominee in Michigan believes only the good polls and not the bad, he may wrongly conclude he need not adjust to woo swing voters.” (08/21/26)
“A dispute between a producer and Netflix over a missing copy of a WWII spy drama starring Nicolas Cage has now reached the Los Angeles Police Department. A law firm representing producer Simon Afram filed a report with the Hollywood Community Police Station, accusing Netflix of losing a drive with a copy of his WWII film, ‘Fortitude’ last month and not providing information on the streamer’s investigation into the issue. ‘This report is being made on an emergency basis, as there is reason to believe that Netflix, Inc. and its employees are suppressing and/or spoliating evidence of the theft of an asset with a cost of $45 million to create and a likely sale value of over twice that amount,’ according to Afram’s complaint which was viewed by The Times. … Netflix said in a statement last month that it is conducting an investigation and is offering to monitor piracy sites for any authorized distribution or sale of the film.” (08/22/26)
“One presidency was just not enough for Donald Trump. But what will he be remembered as? It is possible that his tombstone will have a forty-something on it, but the ‘th’ may very well stand for ‘trillionth’ — for under his watch the public debt of the federal government rolled over on Wednesday, past $40 trillion. I remember when people held signs up emblazoned with ‘No Trillion Dollar Debt!’ How ‘forty years ago’ is that?” (08/21/26)
“The Supreme Court ruled Friday that President Trump’s sprawling ballroom project can proceed for now, despite a lower court’s ruling that halted the administration’s plans. The decision is a major win for the administration, which has argued that demolishing the White House’s East Wing and building the ballroom are necessary for security. In a brief order, Chief Justice John Roberts paused the halt the D.C. District Court put on construction while the court weighs his request. It did not address the legality of Trump’s project or give a timeline for when the court will weigh in.” (08/21/26)
Source: The American Conservative
by Leonid Ragozin
“As the liberal Yabloko party got dropped from the ballot, a chorus of analysts came up with predictable claims that Putin increasingly fears his own people. Ukrainian deep strikes and Western sanctions, the story goes, have forced him to tighten the screws to try to prevent social unrest. Also predictably, another story in the hackneyed ‘Russia is finished’ genre is making headlines: Russia’s major state-run bank VEB has fired its chief economist Andrey Klepach for making dark predictions of the country’s future. One can only pity the professional doomsayers for the shortage of really inspiring stories as they try—for the umpteenth time—to sell the idea that Ukraine should suffer for just a little while longer in hopes of Russian collapse.” (08/21/26)
“Two Hong Kong activists who organised annual vigils to commemorate the 1989 Tiananmen Square crackdown have been found guilty of inciting others to subvert state power under the city’s controversial national security [sic] law. Lee Cheuk-yan, 69, and Chow Hang-tung, 41, face a maximum penalty of 10 years in prison after being convicted under the China-introduced law. Sentencing is expected at a later date. A third defendant, Albert Ho, 74, pleaded guilty in January. Lee and Chow ‘incited other persons to organise, plan, commit or participate in acts by unlawful means with a view to subverting the state power’, according to a summary on Friday. Chow told the court in May the law itself was on trial.” (08/21/26)
Source: Foundation for Economic Education
by Ryan Devine
“Azalea Fresh Market opened last September to address a growing demand for a grocery store in downtown Atlanta. Its opening was the result of a partnership between the City of Atlanta, the Independent Grocers Alliance, and a successful local mini-grocery store chain, Savi Provisions. With no major grocery company inclined to open a location in the downtown area, the City of Atlanta managed to contribute roughly $8 million in cash, loans, and grants to provide the infrastructure needed to help open the business …. Given the intent behind the establishment of this store, it’s difficult to imagine why it’s gaining so much praise from advocates for Zohran Mamdani’s proposed government-owned markets. Mamdani’s goal isn’t to target food deserts; he aims to outprice private grocers in areas where supply is abundant because he’s convinced that businesses are price-gouging consumers.” (08/20/26)
