Republicans Deserve to Lose, but Democrats Do Not Deserve to Win.

Anyone wondering why the Republicans are facing historic losses in this week’s midterm elections should consider these two numbers: 3.7 percent and 0.6 precent. The first is the latest one year increase in prices from the Consumer Price Index (CPI). The second is how much wages and salaries for private industry workers are reported to have fallen in the last year when adjusted to account for the rise in prices. Even Americans with increasing incomes are struggling with inflation.

Just How Useless Is the United Nations? It’s Impossible To Know for Sure.

Javier Milei did not mince words at the United Nations. Speaking before the General Assembly, Argentina’s president called the UN a “useless organization” and attacked what he regards as an entrenched international bureaucracy. The language is characteristically Milei, but behind the rhetoric lies a more fundamental economic problem: the problem of economic calculation.