Despite strenuous efforts by many orbiting the MAGA movement—from traditional conservatives, to anti-war libertarians, to restraint-oriented MAGA figures—President Trump struck Iran’s nuclear facilities on June 22, 2025. Opponents of the strikes highlighted the blatantly obvious risks: encouraging Iran to race to a nuclear weapon, terrorism aimed at America, or uncontrolled escalation into globe-spanning conflict.

[Good As Usual: Anti-Exceptionalist Essays on Values, Norms, and Action by Timothy Williamson. (Oxford University Press, 2025; xv + 238 pp.)]

In a previous article, I suggested that the BRICS—led by China and Russia—might offer an alternative international trade settlement system that would be independent of the US and the dollar. The BRICS have consistently stated that the world needs to move on from the dollar-centric hegemony that has existed since the Bretton Woods Agreement in 1944 and toward a multipolar world. I pointed out that China plans to establish gold vaults/banks outside its borders for the first time.

Some time ago, I wrote against the fallacious argument in favor of government censorship: that the government must legally restrict speech generally because “you can’t yell ‘fire!’ in a crowded theater.” One paper in William & Mary Bill of Rights Journal calls this “Constitutional Law’s Most Enduring Analogy.”

The 20th century proved that Friedrich A. Hayek was right: socialism doesn’t work; government control of money results in inflation and business cycles; and collectivism breeds war, totalitarianism, and impoverishment.

Thanks to a generous donor, our next 100,000 book giveaway is a new collection of essays Hayek for the 21st Century: Essays in Political Economy. As with Hazlitt’s Economics in One Lesson and Rothbard’s What Has Government Done to Our Money?, we plan to give this new book away for free to anyone and everyone.