Who Should Set Prices?

Source: Foundation for Economic Education
by Walter Block

“If you are in sync with meddlesome government bureaucrats, you probably believe that price gouging is profoundly evil. That charging higher prices than normal, especially during emergencies, is an economic abomination. That any seller who does this is taking advantage of people who are in precarious economic circumstances. When a storm hits, or a flood, or a tornado, heavy snow, ice, the closing of the Hormuz Strait, many of us will be without gas for our car, food, medical help, or other such necessities. Yet we face jacked-up prices to fulfill these needs. Just when we need them the most, these things are more expensive. To anyone who doesn’t understand basic economics, this seems outrageous and unfair. But to those who do understand supply and demand, it makes sense.” (06/01/26)

https://fee.org/articles/who-should-set-prices/

The impending Republican collapse

Source: Washington Examiner
by Timothy P Carney

“Republicans are on the verge of collapse, and it’s mostly President Donald Trump dragging them down. This may surprise the observer who just watched Trump knock off a handful of dissidents in Indiana’s Republican primaries and Sen. John Cornyn in Texas. But Trump is less popular with voters than he has ever been. Why? Part of the problem is standard mid-term woes, especially for a second-term president. Part of the problem is Trump’s ill-considered war in Iran and the subsequent increase in gas prices. Trump family self-enrichment probably pays a role, too. What does it mean for the GOP? It likely means a tsunami election in the 2026 midterm elections, with Democrats taking the U.S. House and gaining seats in the U.S. Senate while also winning state-level elections. … Republicans should also be worried about today’s bad vibes carrying over to 2028.” (06/01/26)

https://www.washingtonexaminer.com/in_focus/4587763/the-impending-republican-collapse/#google_vignette

Nigeria: Obi to run for president again after opposition split

Source: Reuters

“Nigerian politician Peter Obi said he would run for president again in January after winning his party’s nomination, setting up another contest between incumbent Bola Tinubu ​and a divided opposition. Obi was declared winner of the Nigeria Democratic Congress ‌primary on Sunday, less than a month after quitting an alliance that had tried to set up a single opposition challenger. The acceptance from Obi — who came third in the last election after galvanizing ​young voters — hit hopes among some opposition backers that he might return to ​the coalition. It prepares the ground for a re-run of 2023’s three-way contest ⁠that is likely to test whether public anger over rising living costs and insecurity ​can translate into votes against Tinubu, or whether the anti-government vote will once again be ​split.” (06/01/26)

https://www.reuters.com/world/africa/nigerias-obi-run-president-again-after-opposition-split-2026-06-01/

Major problems where advanced technology holds real promise

Source: Adam Smith Institute
by Madsen Pirie

“The common thread is that the hardest problems, those involving scale, complexity, or speed beyond human capacity, are exactly those where computation, AI, sensors, and biotech tend to have the most leverage.” (06/01/26)

https://www.adamsmith.org/blog/major-problems-where-advanced-technology-holds-real-promise

Establishment Dems turn on Graham Platner, but it’s way too late

Source: Fox News Forum
by David Marcus

“The world learned this week that Graham Platner, the Maine Democrat all but set to win his party’s Senate primary next month, has been sexting up to 12 women in the past few years while married. For Platner, this just added to his Cadillac Mountain of scandals. You are likely familiar with the fact that the so-called oyster farmer has a Nazi tattoo that he covered up only after lying about knowing its meaning. He also has a long history off-color Reddit posts, including remarks blaming women for being raped. What was most telling about these sordid new sexting revelations wasn’t that it exposed Platner as a creep. We already knew that. It was that the leak came from a fellow Democrat. The party may be starting to realize they have created a Marxist monster they can’t control.” (05/31/26)

https://www.foxnews.com/opinion/david-marcus-establishment-dems-turn-graham-platner-way-late

Strategy Sells Bitcoin For First Time In Four Years

Source: Yahoo! Finance

“Strategy has sold some of its Bitcoin holdings. It marks the first time that the crypto treasury firm led by Executive Chairman Michael Saylor has sold any Bitcoin in four years. A regulatory disclosure shows that Strategy sold 32 Bitcoin over the past week for proceeds of $2.5 million U.S. The amount is small considering that Strategy owns more than 840,000 Bitcoin but is still significant as it suggests potentially larger sales in coming weeks and months. Strategy is under pressure to fund dividend payments on its high-yielding preferred stoc, which currently yields 11.5%. Already sinking, Bitcoin fell below $72,000 U.S. on news of Strategy’s sale.” (06/01/26)

https://finance.yahoo.com/markets/crypto/articles/strategy-sells-bitcoin-first-time-130500239.html

UK: Disruptive passengers could be banned from all flights under regime plan

Source: Sky News [UK]

“Disruptive plane passengers could find themselves banned from flying by all airlines under a new UK government proposal. It is understood that a scheme for carriers to share information on unruly travellers is being developed by officials at the Department for Transport and the Home Office. The proposal, which is still at the concept stage, could lead to airlines being required to notify the government of a disruptive passenger. A participating airline could then be alerted when the same marked person checked in for a subsequent flight. It would then be up to that airline to determine how to respond, but they would have the option of refusing to carry them.” [editor’s note: Sounds like the kind of thing that could easily be done with zero government involvement … and therefore SHOULD be done that way if it’s done at all – TLK] (06/01/26)

https://news.sky.com/story/disruptive-passengers-could-be-banned-from-all-flights-under-uk-government-plan-13549760