Shale decline inevitable as oil prices crash

The US shale industry continues to show signs of slowing down, with production declining in major shale basins outside of the Permian. Financing stress has plagued the shale sector for quite some time, but investors continue to bail on oil and gas stocks. The FT...

Stop, Question, and Frisk

Before former New York City Mayor Michael Bloomberg threw his hat into the 2020 presidential race, he defended the New York Police Department’s use of “stop, question and frisk” policing. At a United States Naval Academy’s 2019 Leadership Conference, Bloomberg said,...

Mises and the ‘New Economics’

[This article is excerpted from a talk delivered on February 22, 2020 at the Austrian Student Scholars Conference, hosted by Grove City College in Pennsylvania.] I. Introduction What a wonderful gathering of students today, on this impressive and beautiful campus. We...

Trump’s Betrayal of Julian Assange

One thing we’ve learned from the Trump Presidency is that the “deep state” is not just some crazy conspiracy theory. For the past three years we’ve seen that deep state launch plot after plot to overturn the election. It all started with former CIA director John...

The Russia Hoax Unravels…Again

Once again yesterday and this morning, Russia and its supposed meddling in American politics was in the news. And it’s frankly quite difficult to keep up with the latest permutations in this rank amateurish attempt to breathe more life into what is palpably an immense...

Stone Cold Justice

"Roger Stone Did Nothing Wrong!" proclaimed the T-shirts worn by his supporters. Federal prosecutors, by contrast, argued that Stone deserved at least seven years in prison. U.S. District Judge Amy Berman Jackson split the difference last week, sentencing the longtime...

Big Biotech Is Hustling To Beat Coronavirus

Coronavirus poses "low immediate risk" to Americans at this time, said Health and Human Services Sec. Alex Azar today in a press conference. But "ultimately we expect we will see community spread"—transmission from person to person, like an ordinary cold or flu—"in...