New from the Journal of Libertarian Studies:

A new CPI inflation report will be released tomorrow. But we won’t have to wait for that to witness the growing chorus of pundits and politicians who are already declaring that price inflation doesn’t matter anymore, and the Federal Reserve must start a new round of monetary inflation and low-interest-rate policy. 

A core principle of Marxism—the socialist system upon which is founded the more authoritarian political systems of communism and progressive fascism—is government ownership of the means of production. This economic policy, aimed as a dagger at capitalism, happens to be the avant garde economic policy position taken a couple of times now by the Trump administration. It is the same position advocated in the larger context by the self-described communist candidate, Zohran Mamdani, who is running for mayor of New York City.

In the wake of 9/11, many assumed that Islamic suicide terrorism was simply the product of religious fanaticism. Yet Robert Pape’s pioneering research showed otherwise.

Last week, exactly one month after the Bureau of Labor Statistics released a jobs report bad enough to convince President Trump to fire the BLS commissioner, the bureau released a new jobs report that was even worse.

The socialist State of Israel has now bombed five countries in the past year: Syria, Lebanon, Palestine, Iran, and Qatar. 

President Trump has recently endorsed a policy that is arguably as socialist as anything proposed by New York mayoral candidate Zohran Mamdani or Sen. Bernie Sanders — partial government ownership of private corporations.

The Bureau of Labor Statistics this morning released new revised benchmark payroll totals used for estimating employment in the United States. The new revisions adjusted payrolls, for the year-long period ending in March 2025, downward by 911,000. That’s the largest downward revision on record, and the biggest since 2009, in the midst of the Great Recession. (The final figures for the period are due early next year.)