“Civil society, for Locke, begins with a surrender. In the state of nature, anyone may punish a wrong done to the community. In society, that power passes to a common authority, and only the sovereign may avenge public wrongs. Blackstone put the same idea in the language of the common law: private wrongs are the injured party’s to redress, public wrongs are the Crown’s. The Framers absorbed the distinction and gave it a specific constitutional home: ‘The executive Power,’ Article II begins, ‘shall be vested in a President.’ One pocket of private prosecution, however, survives that settlement. … Under the False Claims Act’s qui tam provisions, a private plaintiff or ‘relator’—with no injury of her own, no office, and no constitutional oath—may sue in the name of the United States, litigate the government’s claim, and keep up to 30 percent of what she recovers.” (10/13/26)
“In these times of runaway public debt and perennial crisis in public finances, the wealth tax is a bad idea that just won’t go away. Just a year ago, the prudent Swiss rejected a steep inheritance tax. France—thanks to political machinations in a hung Parliament, rather than deep conviction or prudence—rejected the resuscitation of its failed wealth taxes (1982-1987 and 1989-2012). The UK floated a similar proposal, which went nowhere. Since 2022, Spain has had a ‘temporary solidarity tax on big fortunes’. Alas, this isn’t just a European game. … Perhaps the main problem is that bad policy proposals are being driven by bad economics, with the imprimatur of high-profile scholars.” (10/12/260
“In September, after months of negotiations and to much fanfare, a bipartisan group of senators introduced a major package of energy reforms. The Bipartisan American Affordability and Jobs Act (BAAJA) has been enthusiastically championed by luminaries of the ‘Abundance’ movement, since parts of the bill would ease regulatory bottlenecks that hinder new energy projects. Economic populists on the left have not embraced the bill in the same way, though they should. BAAJA would take meaningful steps to prevent unpopular corporate interests—namely, utility companies—from hindering the transition to cheaper, cleaner energy sources.” (10/13/26)
“A sixth measles-related death has been reported in Pennsylvania, where health officials have been battling an outbreak of the highly contagious but vaccine-preventable disease. The death was reported Monday by the Franklin County Coroner’s Office, which identified the deceased as a 39-year-old woman who had several underlying health conditions and had previously been diagnosed with and treated for measles. … There have been a total of 1,136 cases of the disease in the current outbreak as of Friday, with 157 new cases reported over the previous seven days, according to the Pennsylvania Department of Health’s measles dashboard.” (10/12/26)
“Congress shouldn’t need a lecture on why putting Russ Vought’s deputy in charge of its watchdog is a terrible idea. Well, here we are. The White House is considering Eric Ueland as comptroller general, head of the Government Accountability Office (GAO). Ueland serves as deputy director for management at the Office of Management and Budget, under Vought. The administration whose conduct GAO has repeatedly found unlawful now wants one of its senior officials to run the institution that scrutinizes that conduct. This is a terrible idea.” (10/12/260
“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)
