“First, let me say that this prize is long overdue. In 2009, I asked my PhD advisor, Miles Kimball, who was the greatest living macroeconomist. Without hesitation, he answered ‘Bob Hall’, and said he would be very surprised if Hall didn’t win the Nobel at some point. Hall’s work is breathtakingly broad; if you want good summaries, I recommend Alex Tabarrok and Tyler Cowen (as usual). As for Michael Woodford, everyone I know assumed that if New Keynesian macro ever did get the prize, Woodford would be included, as he literally wrote the book on it. But anyway, let’s talk about New Keynesian economics — what it is, how it came about, why it’s important, and why it didn’t get a Nobel until now.” (10/13/26)
“[M]ost of Flock’s network and its competitors’ cameras remain in place. And fans of the technology want to keep it that way; they argue that there is no reasonable expectation of privacy on roads, and that a network of cameras that logs every passing vehicle is a vital tool for catching criminals. Most surveillance boosters don’t deny that serious abuses have happened or wholly dismiss privacy concerns. Instead, they urge the use of safeguards and the passage of regulations to address them. But this technology is already ubiquitous. States and localities should not permit its dangers to persist in the hope that one day, our often passive legislators will act. Instead, Americans should work to ban mass surveillance of public roads in every jurisdiction where they can secure support from elected officials until strong protections are in place.” (10/12/26)
“Former Congolese President Joseph Kabila on Monday launched a new political and military coalition of groups opposed to the current government, including the M23 rebels who have captured wide swaths of territory in eastern Congo. Kabila’s new Front for the Refoundation of the Nation, or FRN, includes rebel groups formerly united under the Congo River Alliance, whose former leader Corneille Nangaa will serve as one of the new coalition’s four vice presidents. … President Felix Tshisekedi’s government gave no immediate reaction to the announcement, which is seen as a major challenge to Tshisekedi’s administration and a serious complication for the current peace process with rebels, which has had only limited success.” (10/12/26)
“It’s not unusual for victims or their families to be present when death sentences are carried out. After courts rejected a media outlet’s request to publicly broadcast the Oklahoma City bomber’s lethal injection, survivors were allowed to watch Timothy McVeigh’s execution remotely via closed-circuit television. We already have established, appropriate ways to give accountability and closure to those harmed by the criminals sentenced to death. But for the rest of us, no matter how heinous the crime was, a public execution isn’t something we should look forward to with ghoulish glee. A televised one will give us no extra measure of justice that a normally conducted one would not.” (10/13/26)
“Governments have spent decades issuing dietary guidelines, sponsoring public health campaigns, and encouraging consumers to cut back on sugary, salty, and fatty foods. Now they’re moving beyond persuasion and adopting more aggressive measures to influence what people eat. In an October 8 article titled ‘Nagging People to Eat Healthily Does Not Work,’ The Economist describes a growing international movement to tax unhealthy foods, restrict advertising, require warning labels, and regulate how supermarkets display and promote their products. Such measures are needed, officials argue, because the earlier approach failed to curb rising obesity rates. … The government has a poor track record in providing nutritional advice.” (10/12/26)
Thanks to subscribing contributors CJTS and TM, whose contributions yesterday, totaling $12.50, bring our annual fundraiser total (as of 5am) to $285.50!
We’re past the 10% point toward our goal ($2,751.50, after which supporter GL has pledged to “match funds” for the $5,503 total) … but we’re also past the 14% mark in terms of schedule (92 days). So:
PLEASE SUPPORT THE FREEDOM MOVEMENT’S DAILY NEWSPAPER!
We’re a reader-supported publication. You’re a reader. And we only come to you once a year with the strong-arm fundraising stuff. As soon as we hit our goal, I stop doing that for the rest of the year, and MOST of the following year. Let’s get this over with 🙂
Have a great day.
Yours in liberty,
Tom Knapp
Publisher
Rational Review News Digest / Freedom News Daily
“‘Squad’ Rep. Ilhan Omar (D-Minn.) defiantly broke her silence after a Homeland Security Investigations raid of her DC residence on Monday, as she and her allies claimed the action was part of President Trump’s repeated attempts to intimidate her as a political foe. ‘I’m ok. Make no mistake: this is an attempt to target political enemies and weaponize federal law enforcement,’ Omar said in a statement on X. ‘For ten years, Trump has targeted me with baseless lies and smear campaigns. This is just the latest escalation in his campaign of political intimidation.’ ‘I will not be silenced,’ the congresswoman added in a personal response to the president. … Sources familiar with the law enforcement action indicated that the congresswoman had been the subject of a multi-year probe related to her immigration history, potentially as a result of her father making a false statement on paperwork.” (10/12/26)
“In 1992, the urbanist Jane Jacobs argued that civilization runs on two moral codes, which she calls syndromes. 1. Guardian Syndrome prizes loyalty, hierarchy, and force. 2. Commercial Syndrome prizes innovation, production, and trade. For centuries, these two codes split the world between the State and the Market. But remember, these exist only as aggregations of people—bureaucrats and businesspeople. Bureaucrats are supposed to bring order and solve societal problems. Businesspeople are supposed to produce and trade goods and services. But an uncomfortable truth lingers: As State and Market have long sought a negotiated political arrangement called the mixed economy, it has created various subspecies of fascism. … Today, that arrangement is breaking down. It’s breaking down because Guardian Syndrome and Commercial Syndrome are functionally incompatible.” (10/12/26)
