The Conversation Sat 03. 24. 2018.

Trump, Tariffs And The Protectionist Temptation
Phil Gramm and Mike Solon, The Wall Street Journal

Trump Approves $1.3 Trillion Budget, Averts Govt Shutdown
Jason Devaney, Newsmax

John Bolton Is The National Security Advisor Trump Has Been Waiting For
Paul Bonicelli, The Federalist

Facebook Flap -- Don't Overreact With Regulation That Will Destroy Social Media Innovation
John Fund, Fox News

Is California Governor Jerry Brown Mentally Ill?
Lloyd Marcus, American Thinker

Utah Just Legalized “Free-Range” Parenting [Watch]
Elise Solé, Yahoo News

Obama Harvested Data From Facebook And Bragged About It. Why Are We Only Freaking Out About This Now?
Declan McCullagh, Reason

Roseanne Defends Supporting Trump To Jimmy Kimmel: 'You All Went So F***ing Far Out’ [Watch]
Tre Goins-Phillips, Independent Journal Review

Gun Control Activist David Hogg Draws The Line At Backpack Control
John Sexton, Hot Air

Citibank Explains Their Plan To Curtail Second Amendment Rights
Kemberlee Kaye, Legal Insurrection

Not A Joke: Congress Is About To Give Itself A Bonus
Benjamin Arie, Conservative Tribune

Steven Pinker On Enlightenment, Our Complex Democracy, And Hope For Humanity [Watch]
Rubin Report

Obama-Era Regulations Are Ruining Our Merit-Based Immigration System. Here's How To Fix It
Ron Paul, Fox News

Even Protectionists Agree That Tariffs Will Make Us Poorer
Colin Grabow, Foundation for Economic Education

National Debt, A War between Current And Future Generations?
James R. Rogers, Library of Law and Liberty

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,