Why Our Economic Intuitions Are Often Wrong

Source: The Dispatch
by Adam Omary

“Economic models, rooted in assumptions of rational agents maximizing utility under constraints, have long provided elegant frameworks for understanding human behavior in markets and societies. Yet, a persistent friction exists between these idealized portrayals of human beings and the ways humans actually navigate economic choices. People frequently champion policies that contravene basic economic principles, including minimum wages presumed to boost income without increasing unemployment, rent controls expected to enhance housing affordability without reducing supply, or tariffs that run counter to comparative advantage and affordability.” (04/21/26)

https://thedispatch.com/article/economic-intuitions-evolutionary-psychology/

The Stock Market is Not Your Friend

Source: CounterPunch
by Dean Baker

“Imagine celebrating the price of corn or wheat hitting a record high. That would make perfect sense if you grew corn or wheat, but it’s hard to see why anyone else would be celebrating. This is the same story with the stock market, even though shareholders are a somewhat larger share of the population than corn or wheat farmers. But the basic principle is the same.” (04/21/26)

https://www.counterpunch.org/2026/04/21/the-stock-market-is-not-your-friend/

Hope in the Data: Can Palestine Explain America’s Moral Shift?

Source: Antiwar.com
by Ramzy Baroud

“For decades, Americans overwhelmingly aligned with Israel. This was not merely ideological; it was instructional. The public was told – repeatedly – that Israel reflected ‘American values’: democracy, civility, modernity. Palestinians and Arabs, by contrast, were framed as perpetual antagonists, initiators of violence, and ‘obstacles to peace.’ Some Americans embraced this framing on religious or ideological grounds. But for the majority, the pro-Israel position became a default – an inherited conclusion rooted in limited access to alternative information. Israel was ‘good,’ Arabs were ‘bad.’ The narrative was simple, binary, and rarely challenged. With mainstream media as the primary source of information, this perception hardened over time. Support for Palestine, and for broader Arab causes, remained confined to academic spaces and activist circles – often informed by anti-colonial and anti-imperialist frameworks, but numerically marginal and politically contained. The mainstream remained locked in place. But that lock has been broken.” (04/21/26)

https://original.antiwar.com/ramzy-baroud/2026/04/20/hope-in-the-data-can-palestine-explain-americas-moral-shift/

Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled

Source: NBC News

“A federal judge has blocked a $6.2 billion merger of local television giants Nexstar Media Group and rival Tegna until an antitrust lawsuit is resolved. U.S. District Court Chief Judge Troy L. Nunley in Sacramento, California, made the ruling late Friday afternoon, finding that eight attorneys general and DirecTV were likely to prevail in their legal bid to stop the merger. The attorneys general, all Democrats, and DirecTV contend the merger will lead to higher prices for consumers, stifle local journalism and that the deal runs afoul of federal laws designed to protect against monopolies.” (04/20/26)

https://www.nbcnews.com/news/us-news/federal-judge-blocks-nexstar-tegna-tv-station-merger-rcna340788

Kevin Warsh and the Erosion of the Dollar

Source: Independent Institute
by Judy L Shelton

“Kevin Warsh is scheduled to testify before the Senate Banking Committee on Tuesday. The vote on his confirmation as Federal Reserve chairman may hinge on the Justice Department’s dropping its inquiry into whether the current chairman, Jerome Powell, testified inaccurately about cost overruns in renovating Fed headquarters. It would be a pity if we have to wait. The U.S. dollar would benefit from new thinking at the Fed. Lawmakers should be much more focused on the damage that Fed policies are inflicting on the soundness of America’s money. It’s also time that Congress, which is charged with ensuring a trustworthy currency, recognized that outsourcing this responsibility to the Fed is a big part of the problem.” (04/20/26)

https://www.independent.org/article/2026/04/20/kevin-warsh-and-the-erosion-of-the-dollar/

How education’s decline is corroding a pillar of the left’s power

Source: New York Post
by Glenn Harlan Reynolds

“Beneath the weather of the daily headlines, slow tectonic shifts are changing America’s political landscape. Demographic developments are moving voters (and congressional seats, and electoral votes) from blue states to red ones. Trust in the traditional media (routinely in the tank for Democrats) has plummeted. And the entire education industry, a key pillar of the leftist establishment, is crumbling, too. The long decline of higher education (the subject of my 2012 book The Higher Education Bubble) has been slowly accelerating for over a decade, driven by sky-high tuition and shrinking employment prospects for recent college grads. When Hampshire College in Massachusetts announced its plans to close last week, it became the latest private college to fall victim to the ruin.” (04/21/26)

https://nypost.com/2026/04/21/opinion/how-educations-decline-corrodes-a-pillar-of-the-lefts-power/

Madonna offers reward for return of missing Coachella costume

Source: BBC News [UK State Media]

“Madonna has offered a reward for the return of the outfit she wore on stage at Coachella last weekend, after several of her vintage costume pieces went missing following the festival. ‘These aren’t just clothes, they are part of my history,’ the Queen of Pop wrote on Instagram. Among them were the purple jacket, corset and dress she wore during her surprise guest appearance with Sabrina Carpenter at the California event on Friday night. ‘I’m hoping and praying that some kind soul will find these items and reach out to my team,’ Madonna wrote, adding that she was ‘offering a reward for their safe return’. The outfits are particularly special to the singer because she wore the same boots, corset and jacket during her Coachella performance 20 years ago. ‘It’s like a full-circle moment, very meaningful for me,’ she told the crowd as an adoring Carpenter looked on.” (04/21/26)

https://www.bbc.com/news/articles/crm19j48wnno