A foundational principle in financial accounting, corporate finance, and corporate law is that—despite jurisdictional divergences—there exists a conceptual distinction between natural persons (human beings) and juridical persons.

New Yorkers appear to be on the cusp of electing a self-described socialist, Zohran Mamdani, as their next mayor.

In memory of Albert Jay Nock (1870-1945):

There is a Remnant there that you know nothing about. They are obscure, unorganized, inarticulate, each one rubbing along as best he can. They need to be encouraged and braced up because when everything has gone completely to the dogs, they are the ones who will come back and build up a new society; and meanwhile, your preaching will reassure them and keep them hanging on. Your job is to take care of the Remnant, so be off now and set about it.

Writing in Chronicles about his “alleged collaborators in infamy,” Paul Gottfried skewers the tendency to lump together all arguments with which one disagrees, and to treat them as if they were all essentially one and the same argument by dint of the fact that one opposes them all. For example, the “woke left” and “woke right” are lumped together as two types of “woke.” Critics of “woke” lump together paleoconservatives (the traditional right whom they classify as woke right) and critical theory Neo-Marxists (whom they classify as woke left).

For the first time since 1996, central banks’ foreign exchange holdings hold more gold than US Treasuries.

Labor Day weekend used to draw a big crowd to Las Vegas. Now, not so much. The Vegas downturn is well documented. But, CBS News found the one guy to claim the rumor Vegas’s slowdown is greatly exaggerated. Steven Hill is Sin City’s Harold Hill, CEO of the Las Vegas Convention and Visitors Authority (LVCVA). He told CBC News.com,

Following the release of last month’s official federal jobs numbers, President Trump complained that the commissioner of the Bureau of Labor Statistics was publishing inaccurate, too-low employment numbers to make Trump look bad. So, Trump fired the commissioner. Well, it looks like that didn’t fix “the problem”—as Trump saw it—because the latest employment numbers are even worse than last month’s numbers.

Do you know what is the optimal average number of children for Russian women? Thankfully, Vladimir Putin has the answer! It’s precisely 2.1 childbirths per woman. So, snap to it all you young and able-bodied comrades!