Vincent Gueroso, Daily Economy, August 18, 2025.
excerpt:
It is rare to demonstrate the claim that BLS produces low-quality data. The BLS (and all Othher Statistical Authorities) frequently publish preliminary reports from the surveys they are conducting.
Therefore, revisions are common. How many revisions are they? Quite small!
The graph below. Plots the distinction between initial estimates and final estimates. In this graph, a positive value means that the initial estimate was lower than the final estimate. As you can see, errors (since 2000) are generally subject to ±0.5. In most cases (over 90%), it is within ±0.25. With a purely fragmented benchmark, this isn’t bad. In fact, if anything, the error is smaller than the initial period.
Paul Mueller, Law & Liberty, August 19, 2025.
excerpt:
Collectivism also shems answering the cultural insecurities of many people. On the political left, many wealthy and educated people find difficult about their success and blessings. And others are not doing very well financially, plagued by five six submissions, grasping the debts they’ve had since college, entitling the hands they’ve been dealt with and how they played it. Collective government programs for welfare, redistribution and rent management, like an attractive solution.
Political rights have cultural insecurities. Many Woulbouts have reduced armed participation in armed forces among working-age men, the opioid crisis, lower birth rates and lower family formation, collapse in manufacturing employment, and lower national defense capabilities. They have enabled businesses to wipe out communities and their corresponding civic institutions, especially in Central America, with naive free trade, free markets, and limited government philosophy.
CJ Ciaramella, Reason, August 15, 2025.
excerpt:
NBC News and other outlets reported that more than 100 protests occurred Wednesday night in federal Hekul law enforcement at a checkpoint in the northwest of the federal government, warning previous police drivers.
And good for them.
Leave the suspicious overall legality of White’s acquisition at Asoid – the DC Attorney General buried the case on Friday on that matter – the use of such a generalized obstacle is Fourth Amendment protection against unreasonable searches and seizures.
August 20, 2025, Jeffrey Miron, Cato of Liberty.
excerpt:
With remittance regulations, money service providers act as law enforcement, collect detailed personal data, perform extensive customer screenings to ban protected individuals, obtain licenses on both dispatch and screening, and enforce the employment of additional compliance personnel. US financial institutions withdraw $46 billion in compliance in 2022.
and:
This regulatory regime not only places costs on consumers, but also reduces competition. Regulatory requirements make it difficult to enter the remittance market, so there are few operators. This creates an almost oligopolistic market that includes major banks with pricing and markup power.
Tosin Akintola, Reason, August 21, 2025.
excerpt:
When Khalilah opened the Creative Crowns Collective salon in 2023, she didn’t think Wou, who was well-versed in her business, had her conflicted with local government. But two years later, she is taking part in a legal battle with Clayton County, Georgia.
Few people signed a two-year lease for an old barber shop in Jonesboro, a new salon housed in City, Clayton County, in March. She investigated over $30,000 in her property and applied for a Terms Use (CUP) to open the salon in April. Legal requirements for postal mail [sic: misplaced modifier in original]the Clayton County Zoning Advisory Board and the committee rejected a small number of applications in July.
Byan Caplan, Betonit, August 22, 2025.
excerpt:
Last month, Michael Bailey interviewed me about higher education, focusing on my most controversial views. Here is his list of questions:
1. I want to focus my attention on what is worth savings in higher education, but let’s start by discussing what’s wrong. Just this week you co-signed what I believe in with the “Manhattan Statement on Higher Education,” an important statement from the Manhattan Institute. Please tell us more about that statement. How it happened and what is its main point?
2. The statement identified two recent crises: George Floyd’s summer in 2020 and pro-Palestinian protests over the past two years. To what extent do you think this happened to the university, and?
DRH Note: Brian Kaplan is on fire. He’s in his best.
postScript: This is a longer list of highlights than usual. The reason is that it’s the last “highlight reel” I’m doing. I’ll explain it in tomorrow’s blog.
