One year after the COVID-19 pandemic began, the U.S. government has spent $6 trillion to provide relief.
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March 31, 2021 | Weekly Newsletter
COVID Relief: Where Did All That Money Go? ([link removed])
By Craig Eyermann (The Beacon)
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One year after the COVID-19 pandemic began, the U.S. government has spent $6 trillion to provide relief. But at a mere $37 billion, the pandemic-dissipating Operation Warp Speed vaccines account for only 0.6% of total spending. So where did the other 99.4% of the money go? Not an idle question, that. $6 trillion is eight times what FDR spent on the entire New Deal. Accountability, anybody? READ MORE » ([link removed])
Crisis and Leviathan Critical Episodes in the Growth of American Government (25th Anniversary Edition) ([link removed])
By Robert Higgs
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California’s Education Department Chooses Critical Race Theory Over 100,000 Objections ([link removed])
By Lee E. Ohanian (California on Your Mind)
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The California Department of Education just voted to adopt the fourth version of an ethnic studies curriculum after four years, three previous versions—and more than 100,000 objections. Why so many? Simple. Animating the earlier curricula was a version of Critical Race Theory so noxious that even the Los Angeles Times and Governor Gavin Newsom objected. But the slightly watered-down final curriculum will still do nothing to help Black, Hispanic, and other children do their sums and read and write the English language. READ MORE » ([link removed])
Failure The Federal Misedukation of America’s Children ([link removed])
By Vicki E. Alger
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Does Government “Stimulus” Really Stimulate? ([link removed])
By R. David Ranson (Executive Summary)
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The 2020 experience suggests that monetary and fiscal actions by the government to stimulate an economic recovery don’t lead to the recovery of anything—particularly when the government, by shutting it down, seriously damaged the economy in the first place. The government just needs to back off and reopen the economy, and the country will recover. And the more complete the reopening, the more impressive the recovery. The choice is clear. READ MORE » ([link removed])
Does Government “Stimulus” Really Stimulate? ([link removed])
By R. David Ranson
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End the Fed’s Mission Creep ([link removed])
By Alexander William Salter, Daniel J. Smith and Peter J. Boettke (The Wall Street Journal)
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The Federal Reserve has lost sight of a fundamental truth: monetary policy is about money. Instead, the central bank is pushing for major changes in policy areas that have nothing to do with money or financial markets—like climate alarmism. It’s time for Congress to rein in the Fed. Hard. READ MORE » ([link removed])
Boom and Bust Banking The Causes and Cures of the Great Recession ([link removed])
Edited by David Beckworth
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Has the U.S. Presidency Gone Rogue? ([link removed])
By Ivan Eland (The National Interest)
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World War I, the Great Depression, World War II, the Cold War, and the War on Terror—U.S. presidents used each of these crises to expand the power of the Executive Branch. So much so, in fact, that we indeed have not just an imperial presidency, but a rogue presidency, one untethered from just about every constitutional constraint. Congress should reclaim its emergency and war-making powers and restore the presidency to the limited role the Framers assigned it. READ MORE » ([link removed])
War and the Rogue Presidency Restoring the Republic after Congressional Failure ([link removed])
By Ivan Eland
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Carbon War Pits Politics Against Reality ([link removed])
By Alvaro Vargas Llosa (Issues and Insights)
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President Biden is taking “aggressive action” to ensure that the United States achieves a “carbon pollution-free power sector” by 2035 and a “net-zero economy” just 15 years later. Good luck with that. “Green energy” needs massive government subsidies just to operate, and, already drowning in trillions of dollars of debt, Americans can’t afford more. But even if we could, we’d probably end up like Germany, which gets nearly 40% of its electricity from renewables but does little better at reducing its emissions than the United States, where wind and solar account for less than 9% of generated power. How about we follow the science? READ MORE » ([link removed])
Hot Talk, Cold Science (2021) Global Warming’s Unfinished Debate (Revised and Expanded Third Edition) ([link removed])
By S. Fred Singer, David R. Legates and Anthony R. Lupo
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Latest Videos
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The Beacon: New Blog Posts
* AstraZeneca Vaccine Controversy Provides Another Example of Overly Cautious Government Reactionsm ([link removed]) , by Raymond J. March
* Nomadland’s Humanity Drives Cinematic Brilliance ([link removed]) , by Samuel R. Staley
* Are We Witnessing the Beginning of the Covid-19 Ratchet Effect? ([link removed]) , by Raymond J. March
* The Debt—Who Cares? ([link removed]) , by Alvaro Vargas Llosa
Catalyst: New Articles
* Here’s a Standard for Amazon: Free Speech for All ([link removed]) , by Luka Ladan
* Technology, Not Government, Beat the Pandemic ([link removed]) , by Grant Whitmer
* What Is the Future of High-Speed Freight Rail? ([link removed]) , by Scott Beyer
* News Deserts Lead to Loss of Engagement ([link removed]) , by Pooja Bachani Di Giovanna
* Doctors Predict ‘International Epidemic’ of Child Suicide ([link removed]) , by Brad Polumbo
* Americans Misinformed About COVID Hospitalization ([link removed]) , by Jon Miltimore
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