Supporters of the “National Conservative” (or “NatCon”) movement that has taken over the Republican Party have lately been accusing libertarians of letting their “market fundamentalism” get in the way of politicians taking practical steps to save American society from its problems.

The non-discrimination principle states that no one should be subjected to detriment on the basis of race, sex, or other protected grounds. To most people, that simply means formal equality—treat everyone the same as required by the equal protection clause of the Fourteenth Amendment. But what does treating everyone the same mean in practice, and what is the legal test for resolving complaints about unequal treatment?

As of this writing, at least 110 people are dead with 161 missing as a result of the July 4 catastrophic flooding of the Guadalupe River in Kerr County, Texas. Next door in New Mexico, three people (including two children) were killed on July 8 after a 20-foot wall of water moved through their town of Ruidoso.

ZeroHedge summarizes the debate between David Beckworth and Bob Murphy on whether the Fed should be abolished.

The concept of centralization is generally seen as a consequence of certain political decisions or as the cause of certain societal structures. But centralization and its opposite—decentralization—can also be interpreted as opposing historical processes that should be taken into account in the long struggle for liberty.

The global economy continues to slow and stagnate as GDP numbers in the US, UK, Germany, and Japan all show ongoing economic weakness. 

Today, the US Bureau of Economic Analysis released its third revision for the first quarter, with the US GDP falling by 0.5 percent during the first quarter. According to the BEA press release: