In his just-published book Regime Change: Toward a Postliberal Future (Sentinel, 2023), the political theorist Patrick J. Deneen indicts modern liberalism, in which he includes both classical liberalism and progressive liberalism.

Jim Bianco tweeted a chart showing the downdraft in real estate values in comparison to technology stocks. The Goldman Sachs Commercial Real Estate index is down nearly 12 percent through May 25th, while the Bloomberg Office Property Index is down 26.5 percent from the first of the year to the 25th of May. 

The federal government’s Bureau of Labor Statistics (BLS) released new price inflation data Tuesday, and according to the report, price inflation during May decelerated, coming in at the lowest year-over-year increase in twenty-six months. According to the BLS, Consumer Price Index (CPI) inflation rose 4.0 percent year over year in May before seasonal adjustment.

Jamaica is at a critical juncture in its history, and the world is watching. Long seen as a powerhouse in the developing world, Jamaica is on track to become a republic. Like in the 1950s and ’60s, decolonization is brewing, so Britain’s ex-colonies want to sever ties with their former overlord. Jamaica has therefore established a constitutional reform committee to fast-track the process of becoming a republic.

For $20 a month, subscribers to ChatGPT Plus will receive priority access to enter questions and receive replies that lack overt positions, illustrative examples, and supporting links:

Is Limited Government a Good Thing?

The term “rent seeking” is a derogatory term that implies companies and people seek to take more than they earn. It hearkens to some Marxist ideology as well. However, especially when combined with regulatory capture and bureaucratic corruption, rent seeking is a valid concept. What happens when the shoe is on the other foot and people and organizations engage in rent seeking from a social justice perspective? Is it rent seeking or corruption for actions to secure social justice? Does the end justify the means?

Despite once touting itself as “The Most Trusted Name in News,” CNN’s economic knowledge and reporting seem to be lacking. Last week, they published a thought-provoking article titled Why do businesses keep raising their prices, which began with the claim:

After two years of surging prices, economists still can’t agree on what has caused the world’s worst inflation crisis in decades.