Source: Ludwig von Mises Institute
by David Gordon & Roger E. Bissell
“Libertarianism has no ‘fixed philosophical essence,’ [Matt] Zwolinski says, or you wouldn’t have seen the drastic swings in how the term was applied between Déjacque’s anarcho-communism of the 1850s and Leonard Read’s free markets and limited government of the 1950s, let alone the present-day. There simply has never been a permanent, stable paradigm of liberty. Yes, an apparent consensus was arrived at in the 1970s in the ‘rights-based free-market’ views of Robert Nozick, Ayn Rand, and Murray Rothbard — which Zwolinski also tellingly labels as rationalist and absolutist. (Code-word alert: he means unempirical and dogmatic, which are bad things, unlike the empirical and flexible approach he favors.) But this was more of a historical accident, or perhaps a breathing spell, before society in general and libertarian theory in particular began a steady unraveling and loss of cohesion.” (05/05/26)
“During President Trump’s first year in office, the United States reduced drug overdose deaths by over 13,000, compared to the previous 12 months. That is more than a statistic: it is thousands of mothers, fathers, brothers, sisters, friends and neighbors who are alive today because of the decisive actions taken under his leadership. Now, drug overdose deaths are lower than at any point under the Biden administration and nearly 40,000 lower than the previous Administration’s peak of almost 108,000. This result is historic, but it is not enough. We must continue fighting every day to save lives from the chemical war being waged on the American people by cartel terrorists. This week, the Office of National Drug Control Policy (ONDCP) will continue our work to save lives with the release of President Trump’s 2026 National Drug Control Strategy.” [editor’s note: I assume this was ghost-written, as no one with the brains to write it has the lack of brains to believe it – TLK] (05/06/26)
“No matter how you slice it, the U.S. government has a major fraud problem. The federal government’s watchdog agency, the General Accounting Office (GAO), estimates that about half a trillion dollars will be lost to fraud this year. Let’s put that number a little differently. In February 2026, just three months ago, the Congressional Budget Office projected the U.S. government would spend a net total of $7.448 trillion this year. Half a trillion dollars is about 1 out of every 15 dollars the federal government will spend in 2026. The GAO says Washington, D.C.’s politicians and bureaucrats might as well just flush that money down a bottomless sewer. Why not? If they did, they would have just as much to show for it.” (05/05/26)
“Trump’s famous claim that he could ‘shoot somebody’ on Fifth Avenue and not lose any voters, may have been hyperbole. But it’s not crazy to think he wouldn’t lose as many voters as he should. In the film [A Face in the Crowd, Lonesome Rhodes implodes when Americans encounter his off-air persona. The key to Trump’s success is that he ran as his off-air persona. Why people love that persona is a complicated question. Among the many complementary explanations is that he comes across as authentic, and some people value authenticity more than they value good character, honesty or competence. This is not just a problem for Republicans.” (05/05/26)
“In the United States, constitutional amendments are notoriously difficult to adopt. They require two-thirds in both houses of Congress, and then ratification by three-quarters of the states. The process was last used successfully more than 50 years ago. That’s why formal amendments are often dismissed as unrealistic. … There are several worthwhile amendments which could plausibly secure broad consensus if shorn of overtly partisan goals. We also should not fall into a failure of imagination that assumes the current party system and political divisions will be entrenched in perpetuity.” (05/05/26)
“Donald Trump has long called global warming a hoax, but his sweeping anti-climate agenda has stunned even many of his supporters. Since returning to the White House, he’s withdrawn the U.S. from the Paris Treaty, rolled back critical greenhouse gas regulations, and opened up millions of acres of previously protected public land for oil and gas drilling. In response, big oil and gas companies have abandoned, without the slightest resistance, the showy public commitments they had previously made to climate transition. For example, BP has slashed green energy expenditures by 70 percent, Equinor has cut back its renewable capacity targets by almost 40 percent, and Chevron has reduced its carbon-reduction capital expenditures to about 5 percent of its total capital expenditures.” (05/05/26)
Source: Foundation for Individual Rights and Expression
by John Coleman
“Recent reports suggest the Trump administration is now considering new oversight for advanced AI models like ChatGPT, Claude, and Gemini. Few details have been finalized, but officials are reportedly discussing an executive order to create a government–industry working group. Another idea under consideration is a process for reviewing models before or around their release. As these talks move forward, they risk setting a troubling precedent for free expression.” (05/05/26)
“US public debt has reached 100 percent of GDP (gross domestic product) for the first time since the aftermath of World War II. Just because we have been here before, and we managed, doesn’t mean we will do so again. This time is different in important ways that are underappreciated by both policymakers and the public. In 1946, the United States emerged from a global war with high debt, but also with a young population, strong growth prospects, and a political commitment to fiscal restraint. Today, America faces the opposite: an aging population, structurally rising entitlement spending, and persistent deficits with no credible plan to rein them in.” (05/05/26)
“‘Whatever can happen,’ Augustes De Morgan wrote in 1866, ‘will happen if we make trials enough.’ To which I must add, if ‘we’ don’t make trials enough, someone else will. AI will inevitably be pushed to whatever, if any, limit it has. If American researchers can’t legally do it, Chinese researchers will do it. If Chinese researchers can’t legally do it, Swiss researchers will do it. If every government on the planet imposes pesky regulations on doing it, people who don’t care about pesky government regulations will do it. … Those of us who are allowed to avail ourselves of the most advanced AI possible will disproportionately reap whatever rewards it produces. Those of us for whom maximal AI is forbidden fruit will be more vulnerable to AI’s dark sides.” (05/05/26)