Source: Adam Smith Institute
by Tim Worstall

“You have to have something to recycle. Which, if you’re building Civilisation 1.0, you don’t. It’s only when you’re building Civ 2.0, or 3.0, when you tear down the previous one and now have a pile of something that can be recycled to build the next version. The currently rich nations – US, UK, say – require very little virgin steel and actually export considerable amounts of scrap steel from those previous versions now being torn down. We’ve not checked the numbers but would certainly be willing to believe that demand for primary copper in both places is pretty minimal given the abundance of secondary. It’s places building out an urban environment for the first time – recently China, likely soon India, say – that require vast amounts of the new stuff.” (08/27/26)

https://www.adamsmith.org/blog/recyclings-great-but-you-do-have-to-have-something-to-recycle

Source: Libertarian Institute
by Joseph Solis-Mullen

“While the tenor of U.S.-China relations cooled somewhat from the hysteria of Donald Trump’s first term and the Joe Biden years, recent events have made clear how thin that veneer of stability remains. President Trump’s May 2026 state visit to Beijing and the planned September 24 White House meeting with Xi Jinping briefly suggested a shift toward ‘strategic stability.’ Reciprocal visits returned to the agenda, and open talk of full decoupling subsided. That moment already looks precarious.” (08/27/26)

https://libertarianinstitute.org/articles/sino-american-relations-from-fragile-thaw-to-renewed-friction

Source: Checks & Balances
by Bob Corn-Revere

“It is widely said that you are nothing but a political hack who sold out your previously professed beliefs about free expression and the rule of law for the short-term goal of being named FCC chairman, that you corrupted the agency’s nonpartisan purpose by focusing its efforts on punishing perceived critics of the Trump administration, and that you regularly prostrate yourself with cringe-worthy displays of servility to soothe the president’s fragile ego. All these things may be true. But the criticism is terribly unfair because it fails to acknowledge your substantive accomplishments. When the dust settles, it may turn out that you have done more than any FCC chairman since the agency’s creation in 1934 to advance full First Amendment protection for the broadcast medium.” (08/27/26)

https://chkbal.substack.com/p/thank-you-brendan-carr

Source: Jonathan Turley
by Jonathan Turley

“It is not every day that a company can settle a case for over $16 billion and celebrate. However, Meta’s settlement with 29 states is a remarkably good deal for a company facing a demand of over $1.4 trillion and years of litigation. In the end, it may not even take a loss from the litigation. The settlement ends the latest mass liability case, following similar settlements in tobacco, opiates, and other products. It will require Meta to make changes to its platform, though the company already appeared to be moving to make such changes. The maximum payment of closer to $17 billion is tied to whether competing platforms (like TikTok and YouTube) adopt parallel protections for children. Otherwise, the company is on the hook for at least $12.1 billion over 10 years under the agreement.” (08/27/26)

https://jonathanturley.org/2026/08/27/monopoly-money-why-meta-likes-the-16-billion-settlement/

Source: The Daily Economy
by Bryan Cutsinger

“Spending growth is still outstripping productive capacity, and the Fed can no longer blame high prices on volatile energy markets.” (08/27/26)

https://thedailyeconomy.org/article/with-energy-prices-falling-inflation-has-nowhere-to-hide/