An odd notion seems to have taken hold in Washington...
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July 29, 2021 | Weekly Newsletter

No, Inflation Isn’t Good for Workers ([link removed])
By Judy L. Shelton (The Wall Street Journal)
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An odd notion seems to have taken hold in Washington: that the Federal Reserve’s easy monetary policy is actually good for workers. However, nominal wage gains are an illusion when inflation wipes out real gains. Inflation benefits Wall Street, not Main Street. 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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Independent Institute’s Amicus Brief on SCOTUS Second Amendment Case ([link removed])
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The Independent Institute has filed a brief of amicus curiae in support of the petitioners in a historic case before the U.S. Supreme Court, New York State Rifle & Pistol Association v. Corlett. This landmark case could well rule on the constitutional right to bear (carry) a firearm outside one’s home. READ MORE » ([link removed])
The Right to Bear ArmsA Constitutional Right of the People or a Privilege of the Ruling Class? ([link removed])
By Stephen P. Halbrook
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Open Letter: Replace the Proposed New California Math Curriculum Framework ([link removed])
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California is on the verge of politicizing the teaching of K-12 math. Its proposed “woke” Mathematics Curriculum Framework would, in effect, de-mathematize math. And who gets harmed the most in moves like this? The poorest and most vulnerable, who need the clear path out of poverty that only a mastery of real mathematics provides. The teaching of straight-up arithmetic, algebra, geometry, trigonometry, and calculus is the equity we need right now—and always. READ MORE » ([link removed])
Really Good SchoolsGlobal Lessons for High-Caliber, Low-Cost Education ([link removed])
By James Tooley
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Too Much Money Portends High Inflation ([link removed])
By Steve H. Hanke, John Greenwood, OBE (The Wall Street Journal)
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June’s inflation index jumped 5.4% from a year ago, the highest reading since August 2008. The experts were surprised. Clearly, Federal Reserve watchers never bothered to consult the work of Nobel Prize Laureate Milton Friedman. Money not just matters, it dominates. And too much of it can wreck an economy. READ MORE » ([link removed])
FutureEconomic Peril or Prosperity? ([link removed])
Edited by Christopher J. Coyne, Michael C. Munger, Robert M. Whaples
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Record-Breaking June Heat in North America Was Not Man-made ([link removed])
By Anthony R. Lupo (Washington Examiner)
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In late June and early July, the Pacific Northwest and Western Canada experienced record heat. This occurred against the backdrop of North America’s warmest June ever. So, what exactly happened here? Many things—but none of them man-made. READ MORE » ([link removed])
Hot Talk, Cold Science (2021)Global Warming’s Unfinished Debate (Revised and Expanded Third Edition) ([link removed])
By David R. Legates, Anthony R. Lupo, S. Fred Singer
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Emergency Reforms Worth Keeping ([link removed])
By Lawrence J. McQuillan, Jonathan Hofer (The American Conservative)
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Last summer, Gov. Newsom opened California markets to entrepreneurs not formally licensed by the state to provide such urgently needed supplies as hand sanitizer, ventilators, and respirators. That deregulation saved lives. Why would Californians even think of reimposing those regulations? READ MORE » ([link removed])
New Way to CareSocial Protections that Put Families First ([link removed])
By John C. Goodman
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The Bad Old Days Are Back! 228 Collegiate Earmarks by Congress ([link removed])
By Richard K. Vedder (Forbes)
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Earmarks are back—and universities and colleges are lining up at the trough. The job now is to mitigate the damage. And federalism might be an answer to reduce the harm. Instead of federal largesse and controls, we should block-grant the money to the states, so individuals with better insight into local conditions can make the decisions where to spend these new “free” dollars. That, plus minimum-performance standards, could really help. READ MORE » ([link removed])
Restoring the PromiseHigher Education in America ([link removed])
By Richard K. Vedder
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The Beacon: New Blog Posts
* It’s Time to End the COVID Mandates ([link removed]) , by Randall G. Holcombe
* U.S. Capitol Police Colonize California ([link removed]) , by K. Lloyd Billingsley
* Is Our Current Inflation Temporary? Look at the Numbers ([link removed]) , by Randall G. Holcombe
* “Dire Consequences” for Most Americans from $3.5T Infrastructure Bill ([link removed]) , by Craig Eyermann
* For Department of Homeland Security Boss, Black Cuban Lives Don’t Matter ([link removed]) , by K. Lloyd Billingsley

Catalyst: New Articles
* For the Spanish Government, A Carbon Price Isn’t Enough ([link removed]) , by Paige Lambermont
* Capitol Police Should Stick To Protecting The Capitol ([link removed]) , by Kevin Boyd
* Hyperloop’s Potential for Revolutionizing Freight ([link removed]) , by Scott Beyer


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