07/11/2018

Trump Makes A Shrewd Political Move With Supreme Court Pick

Ilya Shapiro, New York Post

By picking Brett Kavanaugh as his Supreme Court nominee, President Trump showed that credentials and connections still matter — when backed up by results. One of the most scholarly members of the judiciary, Kavanaugh’s more than 300 opinions are read widely and influence courts across the country — including the one that he now hopes to join. There are few if any more respected lower-court judges.

More important than his erudition is Kavanaugh’s intense commitment to constitutional structure. As Anthony Kennedy, the justice he clerked for and now seeks to succeed, often emphasized, this is vital not simply to the functioning of our government, but to securing our freedom.

In his dozen years on the US Court of Appeals for the DC Circuit, his docket was heavy with cases involving administrative agencies and their place in our institutional design. His opinion in PHH Corp. v. Consumer Financial Protection Bureau (2016), for example, struck down the removal protections granted to that embattled agency’s director, holding that even if it were permissible to protect members of a multi-person commission from removal, protecting the sole director in this manner was a constitutional bridge too far.

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In Search Of History

4,000 Years Of Price Control

Tablets, said to be 200 years older than the Babylonian Code of Hammurabi ... show that the ancient kingdom of Eshnunna had wage control and price control. The news ought not to have come as a surprise. For the code of Hammurabi itself (unearthed in 1902), which was promulgated earlier than 2000 B.C., fixed prices, wages, interest rates, and fees. This makes price control at least about 4,000 years old. ...

 

Ironically, it is those who now wish to return to this ancient totalitarian device who are fondest of calling themselves “progressives.” They are also fond of saying that those who believe in economic liberty “are living in the nineteenth century.” These controlists have yet to learn that they themselves are still living, as the discoveries in Babylonia attest, in the nineteenth century—B.C.!

-- Henry Hazlitt,

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    FreeMarket Central Shadow Stats: 21.5%
  • Inflation:
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    FreeMarket Central Shadow Stats: 9.9%

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

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