Source: Foundation for Economic Education
by Sascha Hannig
“[E]lectrification has become a tool of strategic resilience, but electrification—both in appliances and in alternative and green energy supplies—depends on batteries, and batteries depend heavily on lithium; and who owns lithium? Few are asking this question, and, most importantly, how it affects liberal countries, the state of democracy in the Global South, and international supply chains. This is why the lithium market now sits at the center of geopolitical competition.” (07/02/26)
https://fee.org/articles/the-love-of-lithium/
Source: Paul Krugman
by Paul Krugman
“Fox News has a poll supposedly showing ‘socialism gaining ground with young voters.’ But I don’t believe it. Young people may be more receptive to the word socialism, but that’s only because right-wingers constantly use that word to smear policies that have nothing to do with real socialism — i.e., government ownership of the means of production. The fact is that very few Americans — even among politicians who call themselves ‘democratic socialists’ — are really socialists. What many, I’d say a majority, of Americans support is what Europeans call social democracy — an ideology that is OK with living in a mostly market-driven economic system in which some people make much more money than others, but one that advocates policies to tame markets and inequality with progressive taxation, safety net programs, and regulations.” [editor’s note: Actually, socialism is defined as worker control, not government ownership, of the means of production. In STATE socialism, the state is a supposed proxy for the workers – TLK] (07/02/26)
https://paulkrugman.substack.com/p/there-are-very-few-socialists-in
Source: Cobden Centre
Max Rangeley speech in Iceland. (07/02/26)
https://www.cobdencentre.org/2026/07/speech-in-iceland-the-rise-and-fall-of-civilisations/
Source: Adam Smith Institute
by Madsen Pirie
“I’ve been looking at cases where marketing hype has managed to create a craze for an at-best mediocre product. This is not to suggest that advertising is predatory; on the contrary, I think it provides a necessary service by providing information and allowing people to make choices. In the everyday business of buying clothes, food and drink, travel, luxury goods and grooming, I think it informs us of the availability of certain brands and the advantages to be gained by buying them. But there are some cases where advertising and cultural hype can create a kind of epistemic bubble where social conformity substitutes for quality judgement. Promoters sometimes draw on FOMO, the fear of missing out, to herd people into products of limited value to them.” ()7/02/26)
https://www.adamsmith.org/blog/hype-crazes
Source: USA Today
by Nicole Russell
“America’s abundance is easy to admire. What’s easier to forget is that prosperity isn’t what made America exceptional. Liberty did. In much of the world, rights are treated as privileges the government grants to its citizens. In the American system, it’s the opposite: Rights are inherent to the individual, and the Constitution exists to dictate what government cannot do to you. It’s an extraordinary concept, and one conservatives have committed to upholding.” [editor’s note: Well, that there’s a spit take moment – TLK] (07/02/26)
https://www.usatoday.com/story/opinion/columnist/2026/07/02/america-250th-anniversary-liberty-conservatives/90737397007/
Sourc: The Atlantic
“American History as Rorschach Test.” (07/02/26)
https://www.theatlantic.com/podcasts/2026/07/american-history-rorschach-test/687768
Source: Ludwig von Mises Institute
by William L Anderson
“Federal IRS workers at the Chamblee Building are often greeted by rats struggling to free themselves from glue traps set about the workplace. Workers at the Veterans Affairs building in Hilo, Hawaii, are having to deal with dangerous infestations of mold. Federal employees in several places, including the Food and Drug Administration building in Washington, DC, are being exposed to Legionella, the bacteria that causes Legionnaires’ disease. In Washington, DC, forty percent of the headquarters of the General Services Administration have been declared unsafe, which means the GSA has had to relocate many of its employees. And the list goes on and on.” (07/02/26)
https://mises.org/mises-wire/surprise-surprise-government-capital-stock-deteriorating
Source: American Greatness
by Victor Davis Hanson
“While it is difficult to generalize, many current and would-be socialist officeholders share several common traits. Most of them represent a relatively small slice of American life. Almost all are urban, with little knowledge of small-town or rural existence. Their world is subways, buses, high-rises, Uber, taxis, and proximity to corporate, academic, and financial institutions—yet often with little understanding of where their food, fuel, water, or everyday goods originate, or where their waste and sewage ultimately go. Their worldview is shaped more by consumption than production, as though goods simply arrive in and depart from cities on autopilot. A disproportionate number of our most prominent radicals are either first- or second-generation immigrants, most originating from failed or illiberal states in what was once called the Third World. They or their parents left their homelands in search of wealthier countries, fairer societies, greater opportunity, and, in many cases, safety and freedom.” (07/02/26)
https://amgreatness.com/2026/07/02/who-really-are-these-new-democratic-socialists-and-their-fellow-travelers/
Source: The Verge
“Amazon says it now has enough satellites operating in low-Earth orbit to light up its Starlink internet competitor. With last night’s launch, Amazon Leo has 396 satellites deployed, which is “enough to support continuous service across initial latitudes,” according to Chris Weber, VP heading up business and product for Amazon Leo. That puts the company on track to meet its “mid-2026” target for commercial availability. Just don’t expect miracles on day one. SpaceX went live with its ‘Better than nothing beta’ back in 2020 when it had almost 900 satellites operating in low-Earth orbit.” (07/02/26)
https://www.theverge.com/science/960563/amazon-leo-service-tipping-point
Source: Ron Paul Liberty Report
“Communism Or Corporatism: What’s The Biggest Threat?” (07/02/26)
https://x.com/i/broadcasts/1lKQRRLqZlvGE