The Executive’s Legal Limits on Tariffs and Foreign Policy

Gabbard Drops Receipts Detailing US-Funded Biolabs In Ukraine Outgoing Director of National Intelligence Tulsi Gabbard on Friday declassified a set of internal intelligence slides documenting a long-running US program that has funded a worldwide network of biolabs that handle dangerous pathogens - including dozens in Ukraine.  Director of National Intelligence Tulsi Gabbard speaks with reporters in the James Brady Press Briefing Room at the White House in Washington on July 23, 2025. (AP Photo/Alex Brandon)  Gabbard, who is set to leave her post at the ene of this month, said that the documents are "new...

The Penal Leviathan: What Wacquant And Rothbard Reveal About Modern Punishment Authored by Luc Lelièvre via Mises Institute, Loïc Wacquant and Murray Rothbard come from completely different worlds. Wacquant, in Punishing the Poor (2009), analyzes how modern states manage marginalized populations through policing and incarceration. Rothbard, in The Ethics of Liberty (1982), argues that the state is a monopoly of coercion and that real justice means restitution to victims rather than punishment imposed by the government. At first glance, they seem to have nothing in common. Yet, when you look closely...

WTI Holds Losses As Cushing Hits 'Tank Bottoms', US Production At Record Highs Oil prices are testing down to pre-war levels this morning as more tankers cross the Strait of Hormuz and signs of progress in US-Iran peace talks eased fears of an immediate supply crunch. Vessels are transiting Hormuz with their satellite signals switched on, indicating growing confidence among shipowners about safe passage of the chokepoint, through which about a fifth of global oil supplies transited before the war. The International Maritime Organization also said it had received safety guarantees allowing hundreds of...