Source: EconLog
by Jacob T Levy

“Over hundreds of pages, Smith patiently shows why both peace and a tolerable administration of justice are historically rare, and continually fragile. To the extent that some society or other happens to have them, it seems to be neither the natural course of things nor the result of wise and judicious statesmanship but rather barely better than luck. Smith was not an esoteric writer, but he was a patient one. He laid out arguments and counterarguments at narrative length and expected readers to follow along with him.” (04/08/26)

https://www.econlib.org/library/columns/y2026/levy-wn250-5

Source: Libertarian Institute
by Kym Robinson

“Richard Nixon employed a ‘madman theory’ while he negotiated with the North Vietnamese and Soviets. Nixon wanted the leaders of those countries to think that he was unpredictable, volatile and willing to risk nuclear destruction. In turn this caused the Vietnamese and Soviet leaders to tread with reason and use cool minded methods. It forced them to make concessions and placate the irrational leader of the ‘free world.’ The theory is based on the premise that an irrational leader is more dangerous than a rational one. … It is unlikely the current US president has the calculation and awareness for such methods, let alone the understanding of history.” (04/08/26)

https://libertarianinstitute.org/blog/anti-war-blog-madman-theory/

Source: Macroeconomic Policy Nexus
by David Beckworth

“From supply-driven reserves to demand-driven liquidity.” (04/08/26)

https://macroeconomicpolicynexus.substack.com/p/the-feds-overton-window-is-shifting

Source: Washington Post
by George F Will

“In the town of Calvin, the married couple Candi Mentink and Todd Collard conceived an entrepreneurial idea that their state’s law says is forbidden. They sell inexpensive caskets wrapped in vinyl graphic designs depicting hunting, fishing, religious motifs, sports teams’ logos, perhaps even the likeness of famous Oklahomans. Imagine whiling away eternity in a Mickey Mantle casket. Heavenly. Thanks to the internet, they can sell caskets to people in Orlando or Ottawa or Oslo or Okinawa. But not Oklahoma, as they learned when the law, in its majesty, pounced on their company’s booth at the state fair.” (04/08/26)

https://archive.is/Ht7su

Source: Electronic Frontier Foundation
by Sarah Hamid

“When people remember the 2011 uprisings across the Middle East and North Africa (MENA), they picture crowded squares, raised phones, and the feeling that the internet had finally shifted the balance of power toward ordinary people. But the past decade and a half is also a story about how governments, companies, and platforms turned those same tools into the backbone of a powerful state surveillance apparatus. For activists, journalists, and everyday users, that means now living with a constant threat: the phone in your pocket, the platforms you organize on, and the systems you rely on for safety and connection can be weaponized at the flip of a switch.” (04/08/26)

https://www.eff.org/deeplinks/2026/04/digital-hopes-real-power-how-arab-spring-fueled-global-surveillance-boom

Source: The American Conservative
by Liam Childers

“We’ve heard it all before. Pro-war MAGA commentators insist that every move President Donald Trump makes is a strategic masterstroke. The war with Iran is no exception. What appears to be a Middle Eastern quagmire in the making is not a blunder at all. Instead, this war is ‘really’ about China. Another oil shock is nothing to worry about. It is ‘really’ leverage against America’s ‘main rival.’ Another open-ended entanglement is not overextension. It is ‘really’ the opening act of a coherent Indo-Pacific strategy that the ‘America Lasters’ are too daft to understand. This is the 4D chess defense of the Iran war. It is also nonsense, cooked up by propagandists and consumed by those eager to believe Trump hasn’t betrayed his base.” (04/08/26)

https://www.theamericanconservative.com/no-4d-chess-war-with-iran-helps-china/