In news that no one had to be Nostradamus to predict, the legalization of marijuana has had a ripple effect on the “War on Drugs,” massively impacting the profitability and reach of Mexican drug cartels, which are taking a huge financial hit. The cost of the “drug” has dropped on the black market, and in […] READ MORE
In New York, Annoying Someone Is No Longer A Felony
Everyone has an annoying friend, or at least an annoying acquaintance that doesn’t understand common courtesy or how to conduct themselves appropriately in public settings. Some people are unlucky enough to know of or to be harassed by an annoying enemy that pursues a personal vendetta well past the point of acceptable interaction. Annoying people […] READ MORE
Video: Congressman Gowdy’s Questions on Benghazi
I had not heard of Congressman Gowdy until yesterday. I hope to hear of him again. He made a 3-minute presentation in front of the mainstream media’s agents. I have never seen anything like it. As an example of rhetoric, it is flawless. He ended it exactly right. He took no prisoners. All in all, […] READ MORE
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The Foreign Minister of France told Secretary of State John Kerry that the world has only 500 days until there is climate chaos. This was reported on May 14, 2014. He said it on May 13. So, 500 days after May 13, 2014 is September 24, 2015. That’s climate judgment day. Since it will be […] READ MORE
Retrospective: 40 Years of “Remnant Review”
Remnant Review Today is a big day for me. It probably isn’t a big day for you, but it is a big day for me. On this day, 40 years ago, the first issue of Remnant Review was mailed to subscribers. It was a technologically primitive newsletter. Most newsletters were, back in 1974. You can […] READ MORE
China’s Cement Shoes: The Crash Is Inevitable
The Chinese government is run by a bunch of old Communists who grew up under Mao. They believe in central planning. They sent their bright young men to study economics in America’s graduate schools. These young men came back Keynesians. The Chinese economy today is a mad mix of free market entrepreneurship, central bank counterfeiting, […] READ MORE
How Snowden’s Revelations Have Strengthened the NSA
It has been a year since Edward Snowden blew the whistle on the NSA. I appreciate what Snowden did. His decision to leak the stolen documents has done the conservative movement an enormous favor. It has blown to smithereens the greatest single myth of conservatism: “If the American people knew about this, there would be […] READ MORE
Bitcoins — Down, Down, Down
They are under $450 per bitcoin, down from $1,242 in December. The trend remains down. The number of worldwide transactions remains miniscule: under 75,000 a day. In the United States, total money flows are about $14 trillion per day. Anyone who tells you that bitcoins will soon become an alternative to the U.S. dollar has […] READ MORE
Why Tenure-Seeking Non-Keynesian Economists Hate Rothbard
In a recent article, I described the tenure-seeking and tenured university economists’ attacks on Murray Rothbard. There is a reason for this hostility: Rothbard embarrasses them. He wrote things like this: The intellectual arguments used by the State throughout history to “engineer consent” by the public can be classified into two parts: 1) that rule […] READ MORE
Houses Built by 3D Printers for $5,000 Each
A Chinese firm can build ten houses a day for under $5,000 each. The construction is based on cement and used materials. You can see them here. This is a revolution. Give this another decade — maybe less. This will hit the construction industry like a ton of 3D-made bricks. Want a weekend getaway home […] READ MORE
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