Much of the pathology underlying Covid policy arises from the fantasy that it is possible to eradicate the virus.
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August 12, 2021 | Weekly Newsletter
Eradication of Covid Is a Dangerous and Expensive Fantasy ([link removed])
By Donald J. Boudreaux, Jayanta Battacharya (The Wall Street Journal)
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Much of the pathology underlying Covid policy arises from the fantasy that it is possible to eradicate the virus. But it can’t be. The only practical course? Live with the virus, while protecting the truly vulnerable—like humanity has done over millennia with countless other pathogens. READ MORE » ([link removed])
Lessons for Today from the Gold Standard ([link removed])
By William J. Luther, Alexander William Salter (The Wall Street Journal)
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President Richard Nixon ended the redeemability of dollars for gold and ushered in the fiat money era on Aug. 15, 1971. Many economists look back on the occasion with delight. But the ideas of John Maynard Keynes were wrong then and they are wrong now. READ MORE » ([link removed])
Vaccination Weaponization ([link removed])
By Victor Davis Hanson (American Greatness)
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It was always going to be Herculean to inoculate, with an untried vaccine, a multi-ethnic nation of 330 million, across a vast continent. And a media that routinely warps the daily news hasn’t helped. Nor does the Biden Administration’s admitting into the US thousands of Covid-positive illegal immigrants. Then there is Dr. Anthony Fauci, the nation’s impresario of mass hysteria. Where is the leadership we really need? READ MORE » ([link removed])
The Science Suggests a Wuhan Lab Leak ([link removed])
By Steven C. Quay and Richard A. Muller (The Wall Street Journal)
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The possibility that the pandemic began with an escape from the Wuhan Institute of Virology is attracting fresh attention. President Biden has asked the national intelligence community to redouble efforts to investigate. The Chinese Communist Party has been reluctant to release relevant information. Reports based on U.S. intelligence have suggested the lab collaborated on projects with the Chinese military. READ MORE » ([link removed])
Pass the Bipartisan National Security Powers Act ([link removed])
By Ivan Eland (The American Conservative)
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Recent decades have searingly demonstrated that the president has become too powerful in the American republic, most prominently in the national security arena. Which is why Congress should pass, and President Biden should sign, the newly proposed National Security Powers Act. It’s the best chance we have to see the House and Senate claw back their constitutional powers over foreign affairs. READ MORE » ([link removed])
China’s Obstruction of Virus Origin Investigation Gets Official American Support ([link removed])
By K. Lloyd Billingsley (The Epoch Times)
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China has rejected a World Health Organization plan that would further probe the origin of the virus that causes COVID-19, including the possibility that it escaped from a Chinese laboratory. American officials are taking a similar obstructionist stance. But evidence for the laboratory origin has been mounting since early 2020. READ MORE » ([link removed])
Repurposing Deserted Academic Villages—Sell Student Housing? ([link removed])
By Richard K. Vedder (Forbes)
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Conventional wisdom has been that college enrollments would continue to rise, and, in order to remain competitive with other schools, colleges needed to offer the kids luxury housing. Students could just get ever larger federal student loans to cover the costs. In reality, however, enrollments fell sharply. What should universities do about the excess housing? READ MORE » ([link removed])
The Beacon: New Blog Posts
* Dr. Fauci’s Inconsistencies are Surging Once Again. ([link removed]) , by K. Lloyd Billingsley
* The Sunk Cost Fallacy in the War on Terror ([link removed]) , by Abigail R. Hall Blanco
Catalyst: New Articles
* Don’t Envy Rihanna’s Billion Dollar Empire. Celebrate It! ([link removed]) , by Jon Miltimore
* The CDC Just Proved Milton Friedman Right (Again!) ([link removed]) , by Brad Polumbo
* Hydropower Wanes Amid a Dry Year in the American West ([link removed]) , by Paige Lambermont
* The Problem with a Federal Infrastructure Bill ([link removed]) , by Scott Beyer
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