The Conversation Fri 03. 23. 2018.

U.S. To Apply Tariffs On Chinese Imports, Restrict Tech Deals
Bob Davis, The Wall Street Journal

Top Trump Attorney Resigns
Jack Crowe, National Review

Here Are All The Ways China Can Retaliate To Trump's Trade War
Tyler Durden, ZeroHedge

McCabe’s Bogus Witch Hunt Of Jeff Sessions Confirms Worst Fears About FBI/DOJ Politicization
Mollie Hemingway, The Federalist

SWAMP Wins: House Passes Omnibus
Andrea Ruth, RedState

68 Republican House Seats Potentially At Risk

Trump, McCabe And The FBI -- It's March Madness Washington-Style [Watch]
Andrew Napolitano, Fox News

The End Of Scarcity
Marian L. Tupy, Cato Institute

Why Reports Of A Coming Republican Bloodbath In November Are Premature
William Sullivan, American Thinker

Calif. Teacher Who Trashed US Soldiers In Front Of Students Gets Overdue Justice
Rob Shimshock, Conservative Tribune

This Is Why Democratic Leaders Shouldn’t Congratulate Dictators
Matt Winesett, American Enterprise Institute

Former Police Officer's Visit To Son's School Opened His Eyes To 'Stage One Of Brainwashing' Kids [Watch]
Jenni Fink, Independent Journal Review

Vehicle Safety Inspections Don’t Increase Safety
Alex Tabarrok, Marginal Revolution

Airbnb May Not Be Good For Hotels, But It’s A Boon For Everyone Else
Toni-Anne Barry, Daily Signal

Why The Girl Scouts Are Marketing Geniuses
Brittany Hunter, Foundation for Economic Education

Ivory Tower Or Golden One?
Malcolm A. Kline, Accuracy in Academia

FMC Barometers

FreeMarket Central

Numbers as of last Friday close.

[Total = Federal, state & local

FreeMarket Central What is Gross Output?

Why are these numbers important?

Shadow Stats Snapshot

FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 4.14%
    FreeMarket Central Shadow Stats: 21.8%
  • Inflation:
    FreeMarket Central February Year-to-Year: 1.8% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.9%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]


Government: Rich by Force

There is all of this protesting against corporate power, but in reality, corporations have to persuade you - they could have a ton of money, but actually only government can use force.

-- John Stossel,


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In Search Of History

The Reagan Tax Cuts Worked

Thanks to "bracket creep," the inflation of the 1970s pushed millions of taxpayers into higher tax brackets even though their inflation-adjusted incomes were not rising. To help offset this tax increase and also to improve incentives to work, save, and invest, President Reagan proposed sweeping tax rate reductions during the 1980s. What happened? Total tax revenues climbed by 99.4 percent during the 1980s, and the results are even more impressive when looking at what happened to personal income tax revenues. Once the economy received an unambiguous tax cut in January 1983, income tax revenues climbed dramatically, increasing by more than 54 percent by 1989 (28 percent after adjusting for inflation).


-- Daniel J. Mitchell,