A Time article made Drudge this morning with the headline “The FBI Is in Crisis. It’s Worse Than You Think.”

On April 16, 2018 I participated in a debate with George Selgin, hosted by Gene Epstein’s Soho Forum. I was arguing in the affirmative for the resolution: “Fractional reserve banking poses a threat to the stability of market economies.” The full video is available here (and note that some of my remarks allude to the opening comedy from Dave Smith before the debate).

The FOMC announced that they will leave interest rates unchanged today, as was expected.

What was noteworthy about the Fed’s announcement was a changes made to language about inflation. 

A New York Times article praising Karl Marx for being “right” has been spreading on social media. This is an interesting article, and not for the reason the author intended.

The author notes that

“The key factor in Marx’s intellectual legacy in our present-day society is not “philosophy” but “critique,” or what he described in 1843 as “the ruthless criticism of all that exists.”

Within certain segments of the Christian community, primarily the Christian Reformed tradition imported from the Netherlands, there is considerable support for the creation of Christian labor unions as an alternative to the secular unions of today. Outside of the Christian Reformed circles, there is almost no discussion of this program within churches. One or two denominations, most notably the Seventh Day Adventists, discourage members from belonging to labor unions. On the whole, the trade union issue is not discussed by churches in any official capacity.

“Here I stand, I can do no other,” James Comey told President George W.

This weekend’s historic meeting between the leaders of North and South Korea offered hope for a peaceful resolution to a conflict that has gone on for over 60 years.

Twenty-three-month-old Alfie Evans, passed away in a British hospital on Saturday. While the official cause of death was a degenerative brain disease, Alfie may have been murdered by the British health system and the British high court. Doctors at the hospital treating Alfie decided to remove his life support, against the wishes of Alfie’s parents. The high court not only upheld the doctors’ authority to override the parents’ wishes, it refused to allow the parents to take Alfie abroad for treatment.