A bipartisan bill was just introduced by Senators Cory Booker (D, NJ) and Mike Lee (R, UT) aimed at preventing federal programs that were established to promote sales of agricultural products from being illegally used to attack competitors and influence public policy.

Ireland’s Central Statistics Office updated their 2015 national income figures and revealed a staggering 26.3% increase in real GDP from 2014 to 2015.

Paul Krugman called it “leprechaun economics.”

Joseph Salerno said “that’s unbelievable!”

I say it’s just one more reason to doubt official macroeconomic statistics.

There is a common misconception that if healthcare operated under free market conditions, it would primarily be a cottage industry of solo practices and of small physician-owned hospitals. Such operations would not develop the capabilities of large healthcare entities that we commonly associate with central planning.

The Cleveland Fed’s Loretta Mester is a clueless apparatchik and Fed lifer, who joined the system in 1985 fresh out of Barnard and Princeton and has imbibed in its Keynesian groupthink and institutional arrogance ever since. So it’s not surprising that she was out flogging — albeit down under in Australia — the next step in the Fed’s rolling coup d’ etat.

We’re always assessing tools that we could use,” Mester told the ABC’s AM program. “In the US we’ve done quantitative easing and I think that’s proven to be useful.

[This is Part Three of a three-part series on policing. See Part One and Part Two.]

European monetary union and free movement of peoples from impoverished East to the rich West will likely be twins in death as they were at birth. It has been a slow but steadfast journey from the Paris-Berlin accords on monetary union and EU enlargement in the 1990s to the biggest symptom yet of disintegration — the UK referendum win for Brexit. Now the train is set to speed up with a high likelihood of crashing along the way. The fantastic bubble in government bond markets which has just got larger will likely add to the severity of the crash and of the related global damage.

[This is Part Two of a three-part series on policing. See Part One and Part Three.]

In a press conference Monday, Dallas Police Chief David Brown admitted that the American propensity for sending the police to deal with every minor social problem has failed:

“We’re asking cops to do too much in this country” said Brown.