Source: David Friedman’s Substack
by David Friedman
“Utility functions are observed in the form of choices. If negative utility is the level at which existence is worse than nonexistence, zero utility is the level below which a person, given the choice, would prefer not to exist. People have that choice; for many of us, suicide is not only possible but inexpensive: All it costs is our life. Following the principle of consumer sovereignty to its somewhat grisly conclusion, it seems natural to say that if a person, having access to means for killing himself, refrains from doing so, it must be because his utility for living is greater than for dying. Making allowance for costs such as pain, injury to others, and the price of the bullet, we have a definition of zero utility: A person’s utility is zero when he is indifferent between committing and not committing a costless suicide.” (10/05/26)
“The U.S. military said it attacked a boat suspected of being used to smuggle drugs in the Caribbean Sea on Sunday, [murdering] four people, as the Trump administration continues its yearlong campaign against alleged traffickers in Latin America. The latest attack brings the number of people who have been [murdered] in boat strikes by the U.S. military to at least 235 in 70 strikes since the administration began targeting those it calls ‘narcoterrorists’ in September 2025.” (10/05/26)
“Fiscal year 2026 ended last week, and while official figures aren’t out yet, it looks like the federal government spent $2 trillion more than it took in. That’s not quite a record—in dollar terms, the federal government ran a bigger deficit in 2020 when the feds showered money on the country in hopes of offsetting COVID-19 lockdowns (fueling inflation in the process), and the deficit was a bigger share of GDP both that year and during the Great Recession. But given the federal government hasn’t balanced its books in 25 years, a $2 trillion deficit adds to already staggering national debt and looming disaster.” (10/05/26)
Source: Future of Freedom Foundation
by Laurence M Vance
“Most cases of choice involve goods that are much more distinguishable than almost identical bottles of ketchup: for example, cars, houses, furniture, shoes, clothes, pets. But choice is not limited to just goods. Sometimes, people choose between and among experiences: for example, cruises, concerts, sporting events, museums, zoos, and amusement parks. The same is true when it comes to the provision of services: for example, pest control, dentistry, hair styling, auto repair, landscaping, tanning. Although every service imaginable is or has been provided by the free market, governments at every level are united in their belief that there is one service that government at some level should provide, fund, regulate, control, and/or mandate that every child should receive: education.” (10/05/26)
‘AI in health care promises greater efficiency, but only if it balances the objective knowledge of the physician with the subjective wisdom of the patient.” (10/05/26)
“Authorities in France were forced to close as many as 500 high schools across the country as protests by thousands of students over the state of the education system extended into a third week. Education Minister Édouard Geffray announced Sunday that the schools would not reopen after the weekend with classes at 400 to 500 partially or completely canceled because of security that did not meet the levels required. Accusing left wing extremists of exploiting the dispute, Geffray said 78 staff had been injured and 24 schools ‘burned or ransacked’ since the protests, which he said were unprecedented, erupted Sept. 21 in low-income districts of Paris’ southeastern suburbs.” (10/05/26)
“The forty-fourth annual Banned Books Week (BBW) takes place October 4 through 10 this year, but given the significant, sustained efforts to restrict what young people can read, Banned Books Week should likely be observed every week. We are living in a time of increased attacks on the free press, free speech, academic freedom, and the rights to read and know. This year’s BBW theme, ‘Let Books Be: Protect the Freedom to Read,’ reflects these concerns.” (10/05/26)
