Demand vs. Command Economies

In a survey of college tuition, Franklin & Marshall College’s tuition came in at $65,652, beating out second-place Columbia University by a little over $100.
The school isn’t the only one in Pennsylvania that landed on the list, either: Haverford was ranked eighth overall in terms of being expensive with a $62,850 price tag.
“College is expensive,” reiterates the study. “And these schools are unusually expensive. The average tuition at a private college is $39,400, and all of these colleges are advertising tuition in excess of $60,000 per year.

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In 2018, Charles McGonigal, the FBI's former New York spy chief, traveled to London where he met with a Russian contact who was under surveillance by British authorities, two US intelligence sources told Insider.

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On the night of Jan. 6, 2021, Fox News host Tucker Carlson referred to then-President Donald Trump as “a demonic force” in a text to his producer after Trump’s supporters stormed the Capitol that day.

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Demand vs. Command Economies


There is always optimism among free nations. They know they will win with their evolving economy, as opposed to economies by fiat.

China recently pulled up short in its race with the U.S. for dominance in chip manufacturing. While the U.S. has strengthened its commitment to rebuilding its domestic production through the passage of the Chips Act this past summer, spurring nearly $200 billion in private investment in manufacturing projects, China has abruptly paused its investment of 1 trillion yuan (about $148 billion) in the industry.

August reports from the Chinese government revealed a flurry of antigraft probes that investigated many of the industry’s top figures, including Ding Wenwu, general manager of the China Integrated Circuit Industry Investment Fund. This $45 billion fund, known as the “Big Fund” in the industry, is the Chinese government’s official vehicle for managing its colossal investments in the chip industry. The fund invested in a host of companies, including China’s largest chip-makers, Semiconductor Manufacturing International Corp.--WSJ

Freedom-based countries have great confidence in their own curiosity and innovation. One can be very dismissive of economies that are based on suppression, conformity, and aristocracy. But markets can be wrong for a long time before correction is demanded. Russia pursued a homicidal, antiscientific, paranoid culture where power supported a failed idea for three generations before collapsing. And they created dangerous mischief all during their slow-motion fall.