“[T]he law requires the government to return illegally exacted taxes; the Trump administration promised the courts that it would quickly refund any tariffs ultimately invalidated; and the ideal tariff refund system would be fast and automatic, with the government proactively returning collected duties to all importers that paid them. Sure, there would be some edge cases that required additional paperwork and bickering, but most refunds could be handled this way. In fact, CBP has issued big, automatic tariff refunds on multiple occasions and does smaller ones every day. CAPE is far from this ideal and will inevitably allow the government to keep billions in illegally collected tariffs.” (04/30/26)
“The most consequential inequality in America is not the wealth gap or the wage gap. It may not be the racial opportunity gap. The marriage gap is wreaking havoc. And unfortunately, it’s the gap that gets the least attention. I’m a libertarian. I don’t care whom, or if, you marry. Yet I’m reminded that there is a problem by a new report from the American Enterprise Institute.” (04/30/26)
“China tries to control exports of its rare earth minerals. The United States restricts certain exports of advanced computer chips. Even a few West African countries that dominate cocoa production often collude to control prices for the world’s chocolate-makers. Yet history teaches that a zero-sum mentality of resource manipulation or price-fixing among rivals often ends up pushing consumers to find creative ways to adjust. Cartels or monopolies then crack apart. The natural state of free competition in a market returns. And the notion that one can only get ahead if somebody else loses starts to recede. A good example of how mercantilism can melt away could be happening now. On Tuesday, one of the world’s top oil producers, the United Arab Emirates, announced it is quitting OPEC, along with the cartel’s stringent quota system among member states to rig global petroleum prices.” (04/29/26)
Source: Electronic Frontier Foundation
by Beryl Lipton, Aaron Mackey, & Adam Schwartz
“Public records and public scrutiny of [automated license plate reader (ALPR)] programs have shown that people are harmed by these systems and that retained ALPR data violates people’s privacy. In this moment, lawmakers should not be completely cutting off access to public records that document the abuses perpetuated by ALPRs.” (04/30/26)
“On Wall Street, TACO — Trump Always Chickens Out — has abruptly been replaced as a favorite meme by NACHO — Not a Chance Hormuz Opens. As a result, oil futures have soared. I never bought into the TACO meme, which was initially about tariffs: Trump did not, in fact, reverse his destructive tariff policy, although he blinked in his confrontation with China. But NACHO looks right. Hormuz won’t open until the economic damage from its closure becomes much more severe.” (04/30/26)
“Banning DEI doesn’t necessarily end DEI. So-called diversity, equity, and inclusion (DEI) policies mandate guilt-inducing collectivist indoctrination about race and sex and/or impose race and sex quotas. The Texas legislature rightly concluded that DEI indoctrination is pernicious and required that it be removed from public universities in the state. Suspecting that the law would not be obeyed with perfect grace, the organization Accuracy in Media (AIM) has been doing undercover work to gather evidence on whether university staffers formerly determined to propagandize for DEI and impose DEI-based requirements are now backing off. Many are not.” (04/30/26)
“A leading preoccupation of the first Trump administration has all but slipped from view. Except when ostensible conservatives speak out against it, the major media have scarcely breathed a word on the subject. But it’s still there, 30 feet tall, aspirationally 1,952 miles long, obliterating habitats, dividing families, and sucking down public funds faster than a carrier-based air squadron. The media’s lack of attention is understandable. All-too-real wars of choice and metaphorical wars against science, universities, and the environment have dominated our airtime and the headlines. The rise of a new medievalism in medicine and the abrogation of international trade and security agreements have also won attention. Add to all of that a federal paramilitary kidnapping people, even from what still passes for the halls of justice, while murdering the occasional protester, and one’s journalistic cup runneth over.” (04/30/26)
“A Peter Thiel-funded startup launched this month will use an ‘AI jury’ to ‘subject the media’s claims to systematic investigation and judgment.’ That same system of AI adjudication assigns a numerical value — the so-called ‘Honor Index’ score — grading the trustworthiness of individual reporters. And for a starting price of $2,000, anyone can pay for the company to review and adjudicate complaints they may have about a news outlet or reporter. Objection AI was founded by Aron D’Souza, a lawyer best known for leading the Thiel-funded lawsuit that bankrupted the digital news outlet Gawker in 2016. D’Souza has described Objection as a private arbitration court, which individuals can turn to when they feel they have been unfairly maligned by reporters or pundits.” (04/30/26)
“With the Third Gulf War raging since late February, the prophecies of economic doom have been rolling in ever since. Iran’s economy is predicted to shrink by nearly 10% this year, while forecasts for growth in the Gulf nations are expected to fall from 4.4% in 2025 to 1.3% in 2026. It’s estimated that the Middle East’s tourism industry alone is losing $600 million a day through lost visitor spending. The global fallout has also seen projections of misery for all. … But there are an ever-growing number of thinkers and the historical evidence to back them up that point to major crises – wars, depressions, state collapses – often being followed by unusually strong growth.” (04/30/26)
