If you’ve worried that the Federal Reserve would wait too long to address inflation concerns, you may be able to take comfort from recent...
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June 3, 2021 | Weekly Newsletter

The Fed Lacks Precision Inflation Tools ([link removed])
By Judy L. Shelton (The Wall Street Journal)
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If you’ve worried that the Federal Reserve would wait too long to address inflation concerns, you may be able to take comfort from recent statements by members of the Fed’s rate-setting committee suggesting they might eventually be willing to shift away from easy-money policies. However, the problem is that the instruments in the Fed’s toolbox for lifting rates are potentially far more harmful than they once were—and using them is likely to induce major pangs of regret. READ MORE » ([link removed])
Boom and Bust BankingThe Causes and Cures of the Great Recession ([link removed])
Edited by David Beckworth
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The New Regressive Dark Ages ([link removed])
By Victor Davis Hanson (American Greatness)
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Once upon a time long ago, we agreed there were certain immutable laws of human nature. These laws were based on facts, reality, and data. We also accepted common sense about the way the world worked—logical and scientific principles were actually norms. Not now. “Progressives,” especially the media, are most often regressive, anti-Enlightenment, and intolerant people, who start with a deductive premise and then make the evidence conform to it—or else. READ MORE » ([link removed])
In All FairnessEquality, Liberty, and the Quest for Human Dignity ([link removed])
Edited by Christopher J. Coyne, Michael C. Munger, Robert M. Whaples
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Marbury v. the Education Department ([link removed])
By Steve H. Hanke and John Yoo (The Wall Street Journal)
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Biden’s Department of Education is pushing the nation’s schools to embrace the “1619 Project”—but also claims the department will “listen to different perspectives.” But Secretary of Education Miguel Cardona’s defiance of Marbury v. Madison (1803)—the foundational Supreme Court case that established the basic principles of the separation of powers—belies his words. It may take a lawsuit to educate the educrats. READ MORE » ([link removed])
FailureThe Federal Misedukation of America’s Children ([link removed])
By Vicki E. Alger
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‘Common Good’ Conservatism’s Catholic Roots ([link removed])
By Alexander William Salter (The Wall Street Journal)
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It’s no secret that American conservatives and big business are falling out. Skepticism on the right toward corporations is at an all-time high. Many within the GOP rightly regard “woke” capital as a great threat to American liberties. In fact, conservatives are rethinking the social role of markets in general. But if free enterprise has lost the power to inspire the U.S. right, what’s the alternative? The antimarket right should remember that political liberty proceeds from economic freedom. READ MORE » ([link removed])
Beyond PoliticsThe Roots of Government Failure (Revised and Updated Edition) ([link removed])
By Randy Simmons
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How a Reformed FDA Can Speed Up Delivery of Lifesaving Drugs ([link removed])
By Lawrence J. McQuillan (The Hill)
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It is past time to redefine the FDA’s mission, shorten the duration of pharmaceutical patents, reduce the burdens of “patent thickets,” allow international reciprocity in the approval of new drugs for the U.S. market, and offer prizes in place of patents. These bold reforms would increase scientific breakthroughs and greatly improve access to lifesaving drugs, saving millions in the United States and worldwide. READ MORE » ([link removed])
New Way to CareSocial Protections that Put Families First ([link removed])
By John C. Goodman
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The Beacon: New Blog Posts
* Ecstasy Nears FDA Approval to Treat Severe Post-Traumatic Stress Disorder ([link removed]) , by Raymond J. March
* The Biden Budget: Pandemic Spending That Never Ends ([link removed]) , by Craig Eyermann

Catalyst: New Articles
* Biden’s Climate Justice Plans Will Hurt the Global Poor ([link removed]) , by Revana Sharfuddin
* Desantis’s Anti-Riot Law Undermines the Constitution ([link removed]) , by Rachel Altman
* Americans, Not China, Are Paying for the Tariffs ([link removed]) , by Brad Polumbo
* Massachusetts’ “Housing Choice” Could Deregulate Zoning ([link removed]) , by Scott Beyer


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