“On October 11, a federal judge ordered the Trump administration to stop using taxpayer funds for television ads featuring the president. Yet two commercials continued airing past the court’s deadline. By the following evening, Justice Department lawyers had apologized, explaining that agency counsel had not seen the order in time. What had been a political accusation had now become a judicial intervention. And now even the government’s response to the order was under scrutiny. For President Donald Trump, the larger danger is electoral. His presidency has turned expansive executive authority into a political calling card. But when that authority appears to serve the president’s campaign interests rather than the public as a whole, it can become a liability. What began as a dispute over advertisements could help turn the November 3 midterms into a contest over where government ends and Trump’s political operation begins.” (10/14/26)
Source: Ludwig von Mises Institute
by Jonathan Newman
“The Keynesian paradigm suffered in the stagflation of the 1970s. Price inflation and unemployment surged simultaneously, which resulted in broad skepticism of the old Keynesian models while loyal Keynesians scrambled to offer explanations. Moreover, it became apparent that the Keynesian consumption function didn’t hold up to empirical scrutiny—disposable income wasn’t as good of a predictor of aggregate consumption as early Keynesian models assumed. This watershed moment in the history of economic thought produced new tributaries and strengthened some existing ones. … The mainstream consensus that has emerged out of this hodgepodge is that Keynes was right about a lot, but his framework needs ‘microfoundations.'” (10/14/26)
“Is a college educations worth the hassle and expense? Amid concerns over soaring tuition costs and campus political intolerance, a growing share of Americans aren’t convinced that higher education is worthwhile. Academics themselves—the honest ones, anyway—acknowledge that they’ve squandered a lot of goodwill over the years. Fortunately, it’s still possible to get an education that justifies the time and money—though the path doesn’t necessarily go through college.” (10/14/26)
“As support for Israel crumbles within the United States as a consequence of Israeli behavior, principally its livestreamed genocide in Gaza and ethnic cleansing of the West Bank and Lebanon, Israelis have revived an old strategy for creating ‘a bond between Israel and the rest of the conservative world’: ginning up fear and hatred of Muslims. As Drop Site News previously reported, a study commissioned by the Israeli Ministry of Foreign Affairs and conducted by Mark Penn’s Stagwell Global concluded that the ‘best tactic to combat’ Israel’s increasingly negative public image ‘is to foment fear of ‘Radical Islam’ and ‘Jihadism,’ which remain high.’ … Speeches at this year’s National Conservatism conference suggest that Israel and its powerful lobby have embraced that tactic, fearmongering over the supposed Muslim hordes plotting to take over Europe and the U.S.” (10/14/26)
“As the war in Ukraine grinds into its fifth winter, the collapse of recent diplomatic initiatives and Washington’s explicit pivot from arming Kyiv to brokering a territorial freeze have laid bare a stark new reality. In February 2022, Western leaders predicted that sanctions would cripple Russia within months and that a united West would see Ukraine through to victory. More than four years later, Russia’s economy has bent but not broken. The United States has turned from Ukraine’s chief backer into a reluctant broker. Europe is paying for a war it cannot win.” (10/14/26)
“Since the Second World War, the left has done its very best to pathologize being right-wing: not just explicit identification with parties of the right, but also the basic attitudes, beliefs, and stances associated with being of a conservative temperament. The goal of that endeavor is to discourage and even punish right-wing affiliation, to the social and electoral benefit of the left. Theodor Adorno, of the Frankfurt School, landed some heavy early blows with his 1950 book, The Authoritarian Personality. Rooted in Freudian ideas of repression and the Oedipus complex, the book argued for the existence of a specific personality structure that predisposes people to undemocratic and fascist beliefs. The book produced a special tool called the F-Scale (literally, the ‘Fascism Scale’) that measured nine key components of the authoritarian personality.” (10/14/26)
“That liberal democracy is in a state of terminal decline I take to be beyond dispute. Like Alice in the rabbit hole, those of us who dwell in democratic societies suffer from a nauseating sense of falling without ever landing on solid ground. The usual suspects blamed for this tumble—populism, inequality, the economy—are mere surface symptoms of an internal breakdown. We have arrived at the conclusion of a world-historical cycle. Liberal democracy is the procedural embodiment of Enlightenment ideology—and after two centuries of dominance, that ideology has lost all purchase and stands utterly exhausted. Radical alternatives confront us. Either we reorient our system to post-Enlightenment principles or we risk staggering into the nihilist’s paradise I have called the Endarkenment.” (10/13/26)
“I am not telling you to do anything illegal. I merely note that finding out where the cameras are in your driving range gives you options.” (10/13/26)
