“The return of hard populism and bombastic strongmen has raised once again some old questions: Why does populism keep coming back? And why can’t it get anything done for the people? A close look at the institution of individual private property, and the romantic collectivist counterargument for the organic unity of labor ownership, will shed light on why populism is so persistent. To foreshadow the conclusion: Marx understood the problem, but he missed the solution completely.” (08/05/26)
“Historically speaking, Uncle Sam isn’t very good at managing money. Because the politicians and bureaucrats who run the U.S. government aren’t good at managing money, they’ve opened the door to massive losses through fraud. In 2024, the GAO estimated that from 2018 through 2022, the U.S. government lost between $233 billion and $512 billion dollars per year to fraudsters. These are not small amounts of money. … If fraud comes in at the low end of the GAO’s estimates, it would reduce the federal deficit by 12.5%. At the high end, it would reduce the U.S. government’s budget deficit by 28%. Either way, reducing its fraud losses to zero would not be enough to eliminate 2026’s budget deficit.” (08/05/26)
“What economists have argued for generations is now reflected in public opinion: Americans see free trade as the better alternative to protectionism.” (08/05/26)
“As his war in Iran has imploded, his poll numbers have plummeted, the U.S. economy has cratered, and he finds himself in the grip of a steep cognitive decline, President Donald Trump has increasingly lashed out, calling for cataclysm, slaughter, and even genocide. As he tries desperately, if ham-handedly, to extricate himself from a losing war, the commander-in-chief of the world’s most destructive military offers up deranged rants, baying for blood and issuing orders that throw the concept of proportionality in warfare out the window. Trump’s bloodthirsty rhetoric has been borne out in asymmetrical slaughter, with Iranian fatalities exceeding American deaths by multiple orders of magnitude. And this follows similarly lopsided casualty tolls in Trump’s conflicts in Somalia, Venezuela, Yemen, and on the high seas.” (08/05/26)
“On August 6, 1945 at 8:15 am local time, our world changed forever when the US dropped the first atomic bomb used in war over the Japanese city of Hiroshima. The immediate death toll was approximately 70,000 with ~140,000 to have died by year’s end. Three days later, the US would drop a plutonium bomb over the city of Nagasaki. The immediate death toll there was ~40,000 with ~70,000 to have died by year’s end with a combined total of ~210,000. Three weeks earlier, following the atomic bombing of New Mexico with the Trinity test, the nuclear age was thrust upon mankind. The nuclear legacies from victims and survivors of the atomic bombings, Hibakusha, and their history lingers to this day. The legacy extends from the mining for the nuclear materials and its impact on local communities to the processing, testing, use, storage, and waste management, as well as the impacts and risks of nuclear power to this day.” (08/06/26)
“It is individuals who make moral choices. Even if they have been brainwashed by society, schools, or even parents, it is still ultimately their choice whether to act or refuse to act. Even if they are enslaved, assured of several punishment for disobeying their master(s), it is still a personal, individual decision. Organizations, even governments, have no morals of their own.” (08/05/26)
“According to a new report from Advancing American Freedom’s Plymouth Institute for Free Enterprise, tariff lobbying revenues reached $9.9 million for the second quarter of 2026, a 690 percent increase over the same quarter in 2024 and a 956 percent increase over 2016 (pre-Trump) levels. The number of registered tariff lobbying disclosures has jumped 230 percent in just two years. At least 22 contracts listed ‘tariffs’ as their sole lobbying issue. The surge is not surprising. When the federal government arrogates to itself the power to decide who receives carve-outs and exceptions, it transforms a free and open market into a system of cronyism and influence currying.” (08/05/26)
Source: Rutherford Institute
by John & Nisha Whitehead
“Blowback isn’t just about war. It’s about the consequences of the rash, heedless and heartless decisions made every day by the actors of the American police state—and the fact that it is ‘we the people’ who will be paying the price for those terrible decisions for years to come. President Trump’s war with Iran is only the latest reminder that no government can bomb, threaten and police the world indefinitely without eventually bringing the consequences home. For months, the Trump administration has lurched between war and threatened war, massive bombing campaigns and aborted strikes, demands for surrender and claims that peace is imminent. There appears to be no coherent plan for ending the conflict. There is, however, a mounting bill—and it will be paid in American lives, American dollars, American security and American freedom.” (08/05/26)
“Every system people create takes effort to keep working. Someone must keep fixing the problems that otherwise pile up until the system fails. None are ‘set it and forget it.’ This is true for all systems of government: democracies, constitutional republics, monarchies, and communist dictatorships. It even applies in the absence of a system of government, as detractors of anarchy like to point out while they carefully ignore how the same applies to the system they prefer.” (08/05/26)
“Anne Davis is a psychotherapist who spent two decades counseling homeless people and patients with mental illness in Colorado. But when she moved home to Michigan — which has a severe shortage of counselors, social workers and therapists — it took more than a year for the state to allow her to get back to work. The state desperately needs therapists like Davis. According to the National Alliance on Mental Illness, more than 3 million Michiganders live in a community that does not have enough mental health professionals. The state is facing a shortage of therapists and psychiatrists. But Michigan’s licensing laws have made it difficult to fill these gaps. The Wolverine State’s struggle to attract mental health professionals is a symptom of the broader problems caused by America’s patchwork of occupational licensing laws.” (08/05/26)
