Friday, June 7, 2019

In the news, Friday, May 31, 2019


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MAY 30      INDEX      JUN 01
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from DW News (Deutsche Welle)
Broadcasting & Media Production Company in Bonn, Germany

Opinion: The US and Germany — an everyday estrangement

US Secretary of State Mike Pompeo has just been to Berlin. The composed diplomatic courtesy shows just how far Germany and the US have drifted apart, writes DW's Jens Thurau. 
The German chancellor made her true feelings towards the US government abundantly clear in a now-lauded speech that she gave at Harvard on Thursday. It was a passionate plea for multilateralism, for climate protection, for the triumph of facts over lies. Not once did Merkel mention US President Donald Trump by name, but the reference was evident in every sentence.

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from HumanProgress.org  Education Website

Heroes of Progress, Pt. 19: Louis Pasteur
Introducing the man who is commonly dubbed "the father of microbiology," Louis Pasteur.

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from Mises Institute
RIGHT-CENTER BIAS, MIXED


Economists Have Been "Useful Idiots" for the Green Socialists
In the old Soviet Union, the Communists allegedly used1 the term “useful idiot” to describe Westerners whose naïve political views furthered the Soviet agenda, even though these Westerners didn’t realize that they were being exploited in such fashion. It is in this context that I confidently declare that American economists have been useful idiots for the green socialists pushing extreme climate change policies. The radical environmentalists were quite happy to embrace the economic concepts of “Pigovian negative externalities” and a carbon tax in the past, but now that it is impossible for economic science to endorse their desired agenda, the activists have discarded the entire field as hopelessly out of touch. Economists who still support a carbon tax and other climate “mitigation policies” should be aware of the bigger picture.

This Trade War Won't Make America Great Again
The mercantilists contend that President Donald Trump’s tariffs on imports are to shrink the trade deficit, protect American businesses, and boost exports to the rest of the world. But the latest developments in international commerce show this is not going to plan. Instead, the president’s levies are triggering unintended consequences for several key industries, particularly agriculture and energy. Previously sitting on the throne of global markets, these U.S. sectors are being more harmed by the tariffs than they are being helped, proving that former President Ronald Reagan was right: “The most terrifying words in the English language are: I’m from the government and I’m here to help.”

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from The Spokesman-Review
Newspaper in Spokane, Washington

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