For many Americans, the FDA has taken on a sort of mystique as the gold standard of medical guidance—similar to the emotional connection many Britons feel for the National Health Service (NHS). Unfortunately, both of these government bureaucracies actively undermine the healthcare systems of their nation. As the continuing coronavirus places a larger microscope on the agency’s actions, hopefully more are waking up to the costs inherent to their management.

Three days before Barack Obama left office, his Department of Labor served a complaint against Oracle America, Inc., alleging gross systemic discrimination in both its hiring and pay practices.

Specifically, it claims that Oracle discriminates against non-Asians in hiring for sixty-nine job titles and discriminates against women, Asians, and African Americans in pay for eighty job titles.

The Black Death ravaged Europe, starting in Italy, in the middle of the 14th century. Substantial percentages of entire populations died---estimates range between thirty and sixty percent. Maybe 75 to 200 million people.

Would it have made any difference for overall living standards if Spain could have tapped on its subsequent influx of gold from Central and South America? That is, would the substantial increase in the money supply have somehow mitigated the adverse economic consequences of the plague?

Mises Institute president Jeff Deist tells The Hill why the “stimulus” bailout is very bad for America in this excerpt from his op-ed:

The current coronavirus strategy of most governments is a recipe for a worldwide economic disaster. In many countries, the strategy of confinement and forcing shops to close is a surefire path to large-scale business failures. The cascade of economic and financial repercussions to come is likely to lead to another Great Depression. Italy, for example, already had a 135 percent debt-to-GDP ratio before the crisis.