Source: Foundation for Economic Education
by Denise Lever
“When founders start education businesses, the conversations revolve around the learners. Founders focus on curriculum, culture, families, vision, and mission. Then months, and sometimes years, later, the questions shift to different concerns. ‘Do I need a business license?’ ‘Where do I get insurance?’ ‘How do I know who has jurisdiction?’ and, eventually, ‘Do you know a good lawyer?’ Many founders willingly invest hundreds of hours learning about child development, curriculum, and how to build a learning community culture. What many don’t anticipate is that bringing that vision to life also requires understanding lease agreements, zoning, employment law, insurance, building codes, and a host of other regulations that have little to do with education and everything to do with operating a successful education business.” (07/30/26)
“Every voluntary trade makes both parties richer. The buyer values what they receive more than what they give up. The seller values what he or she receives more than what they give up. Nothing is created in a factory sense, yet wealth appears, because both sides end up holding something they prize more highly than what they started with. This is not a zero-sum shuffle of existing goods. It is the mechanism by which economies grow.” (07/30/26)
“Best known as Viagra, the erectile dysfunction drug sildenafil started off as a treatment for reduced blood flow but soon saw its value spike after its other effects became clear. The blue pill could have more uses, according to research by scientists at the Weizmann Institute of Science in Tel Aviv. The team found indications that it curbs cancer metastasis via a ‘newly discovered biological mechanism’ drawing upon the drug’s blood dilatation effects. … the team says an analysis of digital health records pointed to ‘significantly improved survival among sildenafil users, with a dose-dependent additive benefit observed when combined with statins.'” (07/30/26)
“We can’t ignore the DSA and its influential boosters. Comments on my last article tried to deflect from the socialist problem. One reader argued that this is all a sideshow, pointing out that the DSA has only 100,000 members. I get it. With ICE agents continuing on their unrestrained rampage and a new Watergate practically every day, self-reflection feels difficult for many in the anti-Trump camp. But blindness is a recipe for disaster. Simple statistics like the number of card-carrying members belie the DSA’s growing sway in the Democratic Party. Who is involved matters much more than how many formally pay dues to the organization.” (07/30/26)
“The number of Americans applying for unemployment benefits rose last week but layoffs remain in the historically healthy range of the past few years. U.S. filings for jobless aid in the week ending July 25 rose by 9,000 to 197,000, the Labor Department reported Thursday. The previous week’s figure was revised up by 1,000 to 188,000 but remains the lowest in more than 50 years. Analysts surveyed by the data firm FactSet forecast 207,000 new applications. Weekly filings for unemployment benefits are considered representative of layoffs and are close to a real-time indicator of the health of the U.S. job market.” (07/30/26)
“By positioning himself as the indispensable face of the pandemic, Fauci ensured that questioning the official narrative meant questioning him—and questioning him meant questioning science itself. The diary thus reads as the logical prelude to his 2021 declaration: ‘They’re really criticising science because I represent science.’ After reading these private entries, the remark no longer sounds like an off-the-cuff comment, but rather the inevitable conclusion of a man who had come to believe he was the final arbiter of truth.” (07/30/26)