The Harmonizing Sentiments of the Day

The Second Continental Congress named the Committee of the Five, a group who drafted what would become the United States Declaration of Independence. This committee operated from June 11, 1776, until July 5, 1776, the day on which the Declaration was published, and was composed of John Adams, Benjamin Franklin, Thomas Jefferson, Robert Livingston, and […]

Swaim’s Lame Take on Libertarianism

One of my favorite regular book reviewers in the Wall Street Journal is Barton Swaim. In his recent review of Matt Zwolinski’s and John Tomasi’s The Individualists, though, Swaim misses the mark. I hasten to add that I haven’t read Zwolinski’s and Tomasi’s book. But I don’t need to in order to know that Swaim […]

Soaring UK prices set government, central bank on collision course

Sunak has reiterated his “total support” for the Bank of England and under fire Governor Andrew Bailey. STEFAN ROUSSEAU/POOL/AFP via Getty Images LONDON — In January, with one eye on a critical general election in 2024, U.K. Prime Minister Rishi Sunak vowed to halve inflation by the end of the year. At the time, headline […]

Are you Still Proud to be an American?

  Once upon a time, being an American and traveling overseas, you had this persona like some halo around your head, and you were actually proud to be an American. When my father took me to Europe for the summer in 1964, I had Kennedy half dollars. When people saw I had one, they would […]

Ofgem tells energy suppliers to put financial stability before dividends

Britain’s energy regulator has warned suppliers not to pay dividends unless they are financially stable, as it seeks to avoid a repeat of last year’s energy crisis. Jonathan Brearley, the chief executive of Ofgem, has written to company bosses warning them to “behave responsibly” as the price pressures ease in the wholesale energy markets. The […]

Twitter’s Lost Weekend (“Something Went Wrong”)

By Lambert Strether of Corrente. We had a lively weekend on the Twitter, driven by the decisions and actions of the world’s richest human as measured in dollars, Elon Musk, squillionaire; necessarily so, since Musk is the platform’s sole owner, and committed to a “hands-on” management style. Since Musk’s decision-making process is completely opaque, I […]