Why Do So Many Intellectuals Hate Free Markets?

Older Britons Are Working Longer As Youth Unemployment Rises Britain has a strange labor problem: the people who have spent decades working increasingly aren’t leaving, while the people trying to begin their careers increasingly can’t get in, according to Bloomberg. More than 1.7 million people over 65 are now employed in the UK, the highest level on record. Meanwhile, youth unemployment is hovering near a decade-plus high, and nearly one million people between 16 and 24 are neither employed nor in school. The demographic shift is dramatic. About two decades ago, there...

The Vanishing Art Of Presence Authored by Joseph Varon via Brownstone Institute, Medicine is always changing. In my career, I have seen intensive care units go from simple rooms with oxygen, monitors, and clinical intuition to places where artificial intelligence can predict problems before we notice them, bedside ultrasound helps us avoid guessing, and robotic systems help surgeons work with great precision. Telemedicine now lets specialists care for patients who are far away. These advances have saved lives, made care more accessible, improved efficiency, and helped doctors reach patients who might...

Governor Powell By Philip Marey, senior US strategist at Rabobank Summary As widely expected, the FOMC remained on hold. Governor Miran dissented again because he wanted a rate cut. However, there were also three dissenters (Hammack, Kashkari and Logan) who wanted to remove the bias toward cutting from the statement. On balance, Powell said that the center of the Committee was moving toward a more neutral place in thinking about cuts versus hikes. Powell announced that this was his last press conference as Chair, but he would stay on as a Governor until he thinks...