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Ten Seriously Undervalued U.S. Cities

 — Publication: CityNerd — 

The Indispensable Civilizational Alliance

 — Organisation: The Claremont Institute — 

A few miles from this room, 86 years ago, Winston Churchill stood in the House of Commons, with Hitler’s army right across the English Channel, and delivered a speech for the ages. We all remember how he ended: “we shall fight on the beaches…in the fields and in the streets…we shall never surrender.” But we stop one sentence too soon. Immediately following that famous line, Churchill made another assertion: that even if his island were subjugated and starving, the struggle would go on “until, in God’s good time, the New World, with all its power and might, steps forth to the rescue and the liberation of the old.”

In Britain’s darkest hour, Winston Churchill looked across the Atlantic—to a younger nation born of English stock—and staked the survival of the West on the promise that America would come.

“War-Shock Inflation” and Inflation Phobia

 — Organisation: Economic Reform Australia (ERA) — 

“War-Shock Inflation” and Inflation Phobia: Lessons of History for Central Bankers – Anis Chowdhury What can central bankers learn from the 1970s stagflation? The global…

The post “War-Shock Inflation” and Inflation Phobia appeared first on Economic Reform Australia.

What Makes an American—Birthright Citizenship and the U.S. at 250

 — Organisation: The Claremont Institute — 

The American Mind’s ‘Editorial Roundtable’ podcast is a weekly conversation with Ryan Williams, Spencer Klavan, and Mike Sabo devoted to uncovering the ideas and principles that drive American political life. Stream here or download from your favorite podcast host.

What Makes an American—Birthright Citizenship and the U.S. at 250 | The Roundtable Ep. 324

The Safeguard Mechanism is failing miserably

 — Organisation: The Australia Institute — 

On this episode of Follow the Money, the authors of new Australia Institute research, Dr Fergus Green and Frances Medlock, join Glenn Connley to discuss the major failures of the Safeguard Mechanism, the dodgy “carbon offsets” at the heart the scheme, and what can be done to drive down emissions.

This episode was recorded on Tuesday 23 June.

Guest: Fergus Green, co-author of ‘Safeguarding the fossil fuel industry?’ and Associate Professor, University College London // @fergusgreen

Guest: Frances Medlock, co-author of ‘Safeguarding the fossil fuel industry?’ and policy and law reform lawyer

Host: Glenn Connley, Senior Media Advisor, the Australia Institute // @glennconnley

Show notes:

Safeguarding the Fossil Fuel Industry? How Carbon Offsetting Undermines the Safeguard Mechanism by Fergus Green and Frances Medlock, the Australia Institute (June 2026)

Brussels 1 - MMT and the Eurozone

 — Organisation: Modern Money Lab, YouTube — 

Brussels 3 - Taming the Bond Market

 — Organisation: Modern Money Lab, YouTube — 

Snopes, Fox, and “Biased” Sources

 — Author: Patricia Roberts-Miller — 
showing full version of a Talarico quote

Fans of Fox News and various pro-Trump and pro-GOP pundits/media reject Snopes, PolitiFact, and various other fact checking sources as a reliable source. They say those sources are “biased,” since those sites make more corrections of pro-GOP/pro-Trump popular claims than of Dems, critics of Trump, or what they call “liberals.”

Here’s the important point: they don’t refute the fact checking. They don’t go into the data and show that the facts were actually correct, or that Trump (or whoever) didn’t actually say it, or that it was misrepresented, or in any way respond to the assertion.

Over $104 billion lost to gambling since Murphy Review

 — Organisation: The Australia Institute — 

New research by The Australia Institute shows that Australians have lost over $104 billion to gambling in the three years since the Murphy Review released its final report into the harms of online gambling.

Today the Albanese Government is expected to introduce legislation in response to the Murphy Review. If passed, it will introduce certain restrictions on gambling advertising, but stop well short of the full ban on ads for online gambling recommended by the Review.

The Australia Institute is today launching the National Gambling Toll, a real-time tracker of Australia’s estimated gambling losses since July 1, 2023, right after the release of the Murphy Report. The toll can be viewed here.

Key points:

1776, Not 1608: What the Supreme Court Got Wrong on Birthright Citizenship

 — Organisation: The Claremont Institute — 

Chief Justice John Roberts begins the Supreme Court’s birthright citizenship opinion in Westminster in 1608 with Calvin’s Case and the English law of royal subjectship.

I would begin in Philadelphia in 1776.

Between those two places—and those two moments—lies the American Revolution. And the Revolution changed more than who governed America. It changed the very foundation of political membership.

That is the central problem with the Supreme Court’s decision in Trump v. Barbara. The Court’s opinion is learned, careful, and historically rich. Chief Justice Roberts traces the English doctrine of jus soli through Calvin’s Case, Blackstone, a substantial body of antebellum American authorities, and finally United States v. Wong Kim Ark. It may well become the definitive defense of the conventional understanding of the 14th Amendment’s Citizenship Clause.

But it answers the wrong question.

The issue is not whether America inherited English legal language. It plainly did. The issue is whether America also inherited England’s understanding of political membership.

Education for girl-mothers in Kenya: the influence of faith and gender norms on school re-entry

 — Publication: Advancing Learning and Innovation on Gender Norms (ALIGN) — 
Education for girl-mothers in Kenya: the influence of faith and gender norms on school re-entry ESubden Report Sheila Parvyn Wamahiu, Ernest Onguko, Esther Wangui, Nurah Ramadhan, Semerian Sankori ALIGN View report Kenya 64, 414

The Medium is the Message: The First Three Levers OMB Has Over Agencies

 — Author: Nathan Tankus — Publication: Notes on the Crisis — 
The Medium is the Message: The First Three Levers OMB Has Over Agencies

This is a free piece of Notes on the Crises. All pieces in this OMB series will be free. Please take out a paid subscription to support this work. Or leave a tip. 

Joshua Lawrence is a research fellow at Notes on the Crises and graduate of Sarah Lawrence College. Find him on Bluesky here.

Juan Hanes is a research fellow at Notes on the Crises and a Journalism student at NYU. Find him on Bluesky here.

America’s Revolutionary Family Regime

 — Organisation: The Claremont Institute — 

The Declaration of Independence imagines revolution and legislation as two distinct phases in man’s political history. First, an aggrieved people “alter or abolish” a form of government destructive of man’s rights. Only then does that people “institute new Government, laying its foundation on such principles and organizing its power in such form, as to them shall seem most likely to effect their Safety and Happiness.”

America’s revolutionaries, however, had to fight and legislate at the same time. As they were beating the British, they ratified state constitutions and legislated for a free people. New Hampshire’s temporary constitution was written before the Declaration was adopted, as was South Carolina’s. Ten of the 13 colonies adopted constitutions before the Battle of Saratoga in 1777—only Massachusetts, Connecticut, and Rhode Island did not. (Massachusetts adopted its constitution in 1780, well before the Treaty of Paris.)

Although state constitutions were defective in significant ways, they accomplished much. Combined with the Articles of Confederation, they were good enough to win independence. State constitutions reflected a social vision for a republican people that Americans could rally around during the war, one that would be elaborated for decades. They contained the promise of something better, something worth fighting and dying for.

The Bailout State

 — Publication: Progress in Political Economy — 

In his recent book The Bailout State: Why Governments Rescue Banks, Not People, political economist Martijn Konings argues that the contemporary state has become a standing source of guarantees, subsidies and backstops for capital. Government is no longer capitalist in the sense that it protects property rights or is easily infiltrated by moneyed interests (two logics long recognized by Marxists). Instead, public financial management itself has become deeply interwoven with the production of private wealth. Tracing the origins of the bailout state back to the era of welfare capitalism, Konings depicts the neoliberal period not primarily as a sharp reversal of or decisive break with Keynesianism but as a moment in the longer evolution of institutional mechanisms that socialize the downside risk of asset ownership and manage the resulting inflationary pressure with austerity policies.

Mona Khneisser spoke with Martijn Konings about the book:

Koalas Covering for Coal? Dirty Forest Offset Plan Would Mean More Fossil Fuels

 — Organisation: The Australia Institute — 

The Federal Government’s new carbon credits method for ‘protecting’ native forests will allow fossil fuel companies to greenwash their climate pollution and expand coal and gas production, according to the Australia Institute.

A new carbon accounting method, proposed to fund the creation of the Great Koala National Park in NSW, pits forest and biodiversity protection against acting on climate change, when those objectives are inseparable.

“Climate science makes clear that the Australian Government needs to stop approving new gas and coal projects while simultaneously stopping the destruction of enormous amounts of our native forests,” said Dr Richard Denniss, co-CEO of The Australia Institute.

“The science doesn’t say that it is okay for us to approve new gas and coal mines, as long as we save some trees at the same time. However, under this Great Koala National Park offsets scheme, that is exactly what is being proposed.”

Australia Institute research has shown that:

Down the Rabbit Hole on Allen Beasley — a 'Slave of the Corporation'

 — Author: Betsy Phillips — 
Allen was just 14 when the city purchased him to build its waterworks in 1831

My Iran deal is better than yours [citation needed]

 — Organisation: The Australia Institute — 

On this episode of After America, Allan Behm joins Angus Blackman to discuss the negotiations between the United States and Iran, where it all went wrong for British Prime Minister Sir Keir Starmer, and European views of Trump’s America.

This episode was recorded live on Friday 26 June.

Support the research powerful interests fear. Make a tax-deductible donation to the Australia Institute’s End of Financial Year Appeal before 30 June.

Guest: Allan Behm, Special Advisor, International & Security Affairs, the Australia Institute

Host: Angus Blackman, Executive Producer, the Australia Institute // @AngusRB

Show notes:

How will Australia pay for AUKUS? Submission to AUKUS Public Inquiry by Rod Campbell, Richard Denniss and Jack Thrower, the Australia Institute (June 2026)

The Iran Disaster Is an Opportunity to Turn Away From Hawkish Idiocy and Reset Our Relationship With the Region by Matt Duss, The Nation (June 2026)

Restoring the Soul to Social Science

 — Organisation: The Claremont Institute — 

The famous philosophical maxim inscribed on the Temple of Apollo in the sacred Greek precinct of Delphi is “Know thyself,” an imperative at the heart of the Western tradition of liberal education. It includes both the Greek tradition of political philosophy inaugurated by Socrates and the rich and ample resources proffered to Western men and women by biblical revelation. A corollary to that imperative is the Platonic/Aristotelian call for thoughtful and conscientious human beings to “care for the soul” as the one thing most needful, a call that also powerfully resonates in the Christian tradition.

Yet for all its formidable achievements, the contemporary Western world has lost touch with both indispensable imperatives, not least because our dominant currents of thought have attempted to explain away the soul. These currents are determined to reduce the human being to a sophisticated animal bereft of meaningful self-consciousness, moral agency, mutual accountability, and the rich interiority that is nothing less than the “image of God.”

What’s the Point of One Nation?

 — Organisation: The Australia Institute — 

On the first episode of What’s the Point?, Richard Denniss discusses the reasons behind One Nation grabbing the headlines, why it is highly unlikely Pauline Hanson will be Prime Minister after the next election and what the current Prime Minister can do to turn things around for Labor.

Host: Dr Richard Denniss, Co-CEO, The Australia Institute

The post What’s the Point of One Nation? appeared first on The Australia Institute.

Understanding Our Disruptive Moment in History – and What It Requires

 — Author: Thomas Zimmer — 

The Supreme Court Reins in Judicial Overreach on Immigration

 — Organisation: The Claremont Institute — 

For years, America’s immigration policy has been determined less by the elected branches of government than by a handful of federal district judges. Presidents proposed policies, Congress enacted statutes, and almost inevitably, a single judge somewhere in the country would issue an order purporting to suspend those policies nationwide. That era may finally be drawing to a close.

The Supreme Court’s two immigration decisions issued last week mark an important turning point—not simply because they uphold significant Trump Administration immigration policies, but because they reaffirm a more fundamental constitutional principle: immigration policy belongs primarily to the political branches, not the judiciary.

The Court’s decisions addressed different questions: Mullin v. Doe concerned the executive’s authority over Temporary Protected Status, while Mullin v. Al Otro Lado involved the government’s ability to regulate when and how aliens arriving at the border may invoke asylum procedures. Both opinions reject the increasingly common assumption that federal judges may freely substitute their policy preferences for those of Congress and the president in matters of immigration.

Press release: The Return, a new play by award-winning writer Ala’a Al Qaisi, comes to Victorian theatres this September

 — Organisation: Free Palestine Melbourne — 
The Return Project and Free Palestine Melbourne are proud to present The Return, a play by award-winning Palestinian Australian writer and director, Ala’a Al Qaisi.

Live Q&A on Dostoyevsky's 'The Idiot' TOMORROW (Monday) at 7:00pm ET!

 — Author: Chris Hedges — 

Join me at 7:00 pm ET tomorrow on June 29 for a livestream in which we will discuss Fyodor Dostoevsky’s The Idiot. Make sure to read before joining and come with questions to put in the chat.

We will pull questions and comments from the comment section of this Substack post, and live on YouTube during the stream. To comment here, you must be a paid subscriber — see you on June 29!


The Chris Hedges Report is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Speech: Additional Monetary Policy Tools: Reflections and a New Framework

 — Organisation: Reserve Bank of Australia (RBA) — 
Speech by Christopher Kent, Assistant Governor (Financial Markets), at the Reserve Bank of Australia

The Return, a play by Ala’a Al Qaisi (15–22 Sep, Melbourne & regional Vic)

 — Organisation: Free Palestine Melbourne — 
As war tears through Gaza, a father waits beneath the clouds for his daughters to come home. The Return Project and Free Palestine Melbourne are proud to present The Return, a play by award winning Palestinian Australian writer and director, Ala’a Al Qaisi.  A powerful theatrical event not to be missed. Part dream, part revelation, The Return is […]

Collateral Worthiness in The Hierarchy of Finance in a Capitalist Economy

 — Author: Nathan Tankus — Publication: Notes on the Crisis — 
Collateral Worthiness in The Hierarchy of Finance in a Capitalist Economy

This is part two of an ongoing premium series. Find the introduction to the series here and part one here

Since the last piece on the IOU was an “instrument” piece, this piece will be a “criteria” piece. 

Tom West’s Founding

 — Organisation: The Claremont Institute — 

Convention requires me to disclose that I have known, admired, and learned from Thomas G. West for more than thirty years. I also, in 2018, became his colleague as a scholar and lecturer at Hillsdale College. Moreover, Professor West and I studied many of the same subjects, with some of the same teachers. Cynics might therefore be tempted to discount the ensuing praise for his new book as logrolling by an ally. But I beg to be believed when I say that I would lavish acclaim on The Political Theory of the American Founding, whoever wrote it—though, in my judgment, only Tom West could have.

West has spent the better part of a very productive life studying the American Founding as deeply as anyone ever could. The result is the most important political book published in my lifetime, a distinction I expect it will hold even if I live another half century. West’s effort probably has been, and may yet be, surpassed philosophically or historically by two or three volumes. But no other book has brought these three strands of inquiry together in a way that meets the twin exigencies of timelessness and urgency.

New Paper on Political Economy of AI (plus a fun talk involving youth + AI)

 — Author: danah boyd — 
New Paper on Political Economy of AI (plus a fun talk involving youth + AI)

The Project of AI is a world-building endeavor, wherein those who fund and develop AI systems both operate through and seek to sustain networks of power and wealth. Janet Vertesi, Alex Taylor, Ben Shestakofsky, and I teamed up to try to disentangle the technical systems we call “AI” from the political-economic project that is sustaining this effort. Today, at FAccT, Janet presented our new paper: “Reckoning with the Political Economy of AI: Avoiding Decoys in Pursuit of Accountability.” (also available on arxiv). We do a few things in this paper that might be appealing. First, we try to map out how to understand AI, not as a set of technical artifacts, but the culmination of various economic and political forces, organizational logics, and interpersonal networks.

06/26/2026 Market Update

 — Organisation: Applied MMT — 

Update Preview

06/26/2026 Market Update

Volatility is back. Some tech high-fliers are getting hit hard, fear is creeping into the headlines, and a lot of people are reading this as the start of something much bigger. I don't think it is.

This sell-off is unfolding almost exactly as we anticipated heading into the June tax drain — a necessary breather after a long run, not a bubble bursting. The data simply doesn't support the doomsday read: margin debt acceleration actually dipped, fiscal is still too strong, and credit is recovering right on schedule from the Iran-related profit hit. What I'm watching for now is the mirror image of what we saw in May — instead of overbought into weak flows, I want to see oversold into accelerating July flows. That's the setup that defines the buying opportunity.

I'll lay out the levels I'm watching, the specific volatility signals that would confirm a bottom, why the sentiment surveys left a lot of people on the wrong side of this trade, and how I'm thinking about the eventual cycle turn into 2027 — including the historical analog I think fits best. Full breakdown below.

Fire ants to kill thousands of pet cats and dogs: new report

 — Organisation: The Australia Institute — 

If fire ants are allowed to spread across Australia, thousands of pets could be killed and households could be hit with costs of over $1 billion each year, according to new research by The Australia Institute.

The invasive species, originally from South America, has been detected in several states, with Queensland so far the worst affected.

Almost all of Australia is suitable habitat for fire ants and the potential damage to agriculture, the environment and households is huge.

Key points:

  • State and federal government funding to eradicate fire ants is well below the $300 million per year recommended by government experts.
  • International data suggests 30% of people in fire ant-infested areas get stung each year, with risk of anaphylactic shock. Pets are also at risk.
  • If allowed to spread across Australia, fire ant stings would result in an extra 624,000 medical visits for humans and 2.3 million vet visits for pets.
  • This could see over 30 people and thousands of pets die each year.

“Fire ants are a potential economic and environmental disaster for Australia,” said Rod Campbell, Research Director of The Australia Institute.

“If a murderer said that they planned to kill 30 random Australians each year, the response would be enormous. That’s essentially what fire ants are doing – yet the response is minimal.

Party Tricks

 — Author: Julia Doubleday — 

A few days ago, I posted photos from my 40th birthday party, and in them, I do not look homebound.

“You look so not homebound!” were the exact words of my little brother in his excited text to me, which made me laugh.

The cost of looking not homebound for several hours ran me into the hundreds- if not thousands, including lost income- of dollars, and my recovery took 96ish hours which felt significantly longer.

I did not, in fact, leave my building during my “big night out” or rather “big night in”- I merely used my cane to access the roof deck. The night sky made a fair backdrop for Instagram - I might’ve been anywhere, not just, as always, at home. I didn’t drink any alcohol- those wine bottles on the table were 0.0% proof rosé.

Read more

The Dirty Bill

 — Author: Sarah Kendzior — 

All American families play Monopoly, but each American family plays Monopoly in its own ridiculous way.

The absolute lawlessness of Monopoly is not apparent until an interloper intervenes. Monopoly then reveals itself as real estate Ouija: a battered board indecipherable to the guest but airtight in its internal logic.

“What are you doing?” the interloper cries, as you fill the Free Parking lot with fines and pocket a bill from every denomination after rolling “snake eyes.”

“I’m playing Monopoly,” I tell my husband. “This is Kendzior Sisters, not Parker Brothers!”

Sarah Kendzior’s Newsletter is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Blood, Soil, Creed—and the Immunities of American Citizenship

 — Organisation: The Claremont Institute — 

Though scholarship surrounding the Constitution’s 14th Amendment has generated much controversy, it has nonetheless established one stable point of consensus. Since its adoption, virtually all authorities have agreed that its first section bars state laws that impose a racially defined fiscal or regulatory burden on American citizens. The states cannot, for instance, establish any “black code” or “white tax.”

At the same time, there has been remarkable dissensus as to three closely related matters. First, precisely what provision of that amendment—whether the Privileges or Immunities, Due Process, or Equal Protection Clauses—establishes this prohibition? Second, what other discriminations besides race are forbidden? And third, does the ban on discriminatory burdens extend to benefits, such that the 14th Amendment bars discriminatory public expenditures (educational segregation, affirmative action, etc.) as well as discriminatory taxes?

The In-munia of American Citizenship

Machines Under Command

 — Organisation: The Claremont Institute — 

The debate over autonomous weapons has started from the wrong premise. Critics ask whether the United States should permit machines to kill. Advocates frame the question as whether we can afford to fall behind adversaries who will deploy such systems regardless. Both sides treat autonomous lethality as a novel moral category that demands a novel governing framework. The U.S. military already possesses such a framework, however. It has been used for decades, it scales naturally to autonomous systems, and the public debate would improve considerably if both sides understood these realities.

The military governs the use of force through weapons control statuses, a graduated system that every air defense operator and ground commander knows by three commands. Weapons hold authorizes engagement only in self-defense or under specific order. Weapons tight authorizes engagement only against targets positively identified as hostile. Weapons free authorizes engagement against any target not positively identified as friendly.

A commander sets the status based on mission, threat, and environment, as units within his command may operate under different statuses depending on the situation. The framework already calibrates lethal authority to circumstance. It does not require a soldier to seek individual approval for every trigger pull, because the controlling judgment comes from the posture the commander has set rather than in each discrete engagement.

Everybody’s Home applauds passing of investor tax break reform

 — Organisation: Everybody's Home — 

National housing campaign Everybody’s Home has hailed the passing of investor tax break reform as a huge win for housing fairness, and said the focus must now turn to building our way out of the crisis with social housing.

The Senate has passed reforms that limit negative gearing and end the CGT Discount for investment properties.  

Everybody’s Home spokesperson Maiy Azzie said tax reform will not end the housing crisis on its own but is a crucial part of the solution.

“Winding back tax perks that pad investors’ pockets is a major win for housing fairness for our country,” Ms Azize said.

“This reform puts people before profits, and prioritises making homes an essential need for everyone instead of a cash grab for some. These changes dilute the fuel that’s been feeding our housing crisis for decades. 

“Investor tax break reform marks a decisive shift in the national interest, and we commend the Parliament for having the courage to see it through.

“Now that the federal government has moved to make the housing system fairer, it must now work to make it affordable for everybody.

Inflation falls, tax changes pass & Greg loses his fancy parking spot

 — Organisation: The Australia Institute — 

On this episode of Dollars & Sense, Greg and Elinor discuss Pauline Hanson’s comments on paid parental leave and childcare, the latest inflation data, the passage of the government’s capital gains tax and negative gearing changes, and the new ‘no Gregs’ club.

This discussion was recorded on Thursday 25 June 2026.

Support the research powerful interests fear. Make a tax-deductible donation to the Australia Institute’s End of Financial Year Appeal before 30 June.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

Capital gains tax changes are already having an impact on wealth inequality – and vested interests are running scared by Greg Jericho, Guardian Australia (June 2026)

Fighting the Corporate Duopoly at the Ballot Box (w/ Kshama Sawant) | The Chris Hedges Report

 — Author: Chris Hedges — 

This interview is also available on podcast platforms and Rumble.

In this episode of The Chris Hedges Report, Chris Hedges speaks with Kshama Sawant, a revolutionary socialist based in Seattle, Washington, who is challenging long-time incumbent Democrat Adam Smith for Congress. Sawant served in the Seattle City Council for more than a decade during which she and her supporters won unprecedented victories for higher wages, affordable housing, taxing Amazon, LGBTQ rights and more. She then went on to organize a national working-class movement, Workers Strike Back.

“It’s Like a Knife in the Back”: The President's Budget, Budget Preparation and the Most Important Job You've Never Heard of

 — Author: Nathan Tankus — Publication: Notes on the Crisis — 
“It’s Like a Knife in the Back”:  The President's Budget, Budget Preparation and the Most Important Job You've Never Heard of

This is a free piece of Notes on the Crises. All pieces in this OMB series will be free. Please take out a paid subscription to support this work. Or leave a tip.


Joshua Lawrence is a research fellow at Notes on the Crises and graduate of Sarah Lawrence College. Find him on Bluesky here.

Juan Hanes is a research fellow at Notes on the Crises and a Journalism student at NYU. Find him on Bluesky here.

Community disappointed after Federal Government fails to accept any LGBTIQ+ recommendations in UN human rights review of Australia

 — Organisation: Equality Australia — 

25 June 2026 – Equality Australia says it’s bitterly disappointing the Federal Government has declined to accept a single LGBTIQ+ recommendation in a United Nations (UN) human rights peer review of Australia. 

Australia was reviewed by other member states at the UN Human Rights Council in Geneva in January as part of the Universal Periodic Review (UPR) process.

The UPR provides a comprehensive peer review of each UN member state’s human rights record every four and a half years.

As part of Australia’s fourth UPR, more than 120 countries delivered around 332 recommendations to improve Australia’s human rights protections, including eight recommendations on LGBTIQ+ rights.

These included removing the exemption that allows religious schools to legally discriminate against LGBTIQ+ students and staff, recommended by Belgium, Iceland and Mexico.

Other LGBTIQ+ specific recommendations included public education campaigns to address stigma, a national ban on conversion practices, banning medically unnecessary surgeries on intersex children and more general recommendations about protecting our communities from discrimination and violence.

Harry Jaffa, America 250, and the Creed-Culture Debate

 — Organisation: The Claremont Institute — 

The 250th anniversary of the Declaration of Independence has reignited an old debate on the Right between the immoderate defenders of “creed” and the equally immoderate advocates of “culture.” The either/or nature of this argument was already stale 50 years ago in the lead-up to the Bicentennial, and it hasn’t improved with age.

Harry V. Jaffa, whose students founded the Claremont Institute, was a key figure in the intellectual wrangling over the meaning of America in 1976, and his name is still invoked today—wrongly—as a champion of the extreme “creedalism” position. Though his argument has often been misinterpreted, Jaffa demonstrated that American republicanism requires both creed and culture and showed why both are necessary. What both the creedalists and the culturists miss is that American constitutionalism was a moral and intellectual solution to a set of problems that had been afflicting Western civilization for more than a thousand years.

What Shakespeare Almost Saw

Review of Payments System Regulation

 — Organisation: Reserve Bank of Australia (RBA) — 
The Reserve Bank of Australia (RBA) is commencing its Review into Payments System Regulation.

The American Mind Podcast: The Roundtable Episode 323

 — Organisation: The Claremont Institute — 

The American Mind’s ‘Editorial Roundtable’ podcast is a weekly conversation with Ryan Williams, Spencer Klavan, and Mike Sabo devoted to uncovering the ideas and principles that drive American political life. Stream here or download from your favorite podcast host.

60 Days to End the War | The Roundtable Ep. 323

The United States and the Iranian regime have signed a 14-point memo of understanding, establishing a 60-day window to negotiate the war’s end. To work out the details—which include an end to sanctions and international monitoring of Iran’s uranium—J.D. Vance met with Iran’s diplomats in Switzerland, while Secretary Marco Rubio is slated to confer with Middle Eastern allies this week. Meanwhile, U.K. prime minister Keir Starmer has resigned amid a breakdown of government trust, sparked by the Labour government’s failure to take immigration and related crime seriously.

The post The American Mind Podcast: The Roundtable Episode 323 appeared first on The American Mind.

Designing an Efficient Reference Rate: Lessons from SOFIA

 — Organisation: Reserve Bank of Australia (RBA) — 
We evaluate the informational efficiency of the Secured Overnight Funding Index Australia (SOFIA™), currently in its beta phase, and how design choices may impact the benchmark rate. We use a state-space model to separate time-varying noise in the benchmark from the underlying efficient rate and investigate the determinants of noise in the daily time series and at the transaction level. Related-party transactions, high market concentration, and low transaction volumes are associated with higher noise. Our modelling suggests that considering alternative methods for trimming the transactions used in calculating the benchmark, compared to the initially proposed approach, may enhance its informational efficiency and robustness. These results provide evidence on how to optimise the benchmark's design. Indeed, the Australian Securities Exchange has already adjusted its SOFIA methodology to reflect most of these findings, in preparation for the potential transition of SOFIA from its beta phase to a live benchmark.

Speech: “The Straight Line Belongs to Man, the Curved Line Belongs to God”

 — Organisation: Reserve Bank of Australia (RBA) — 
Speech by Andrew Hauser, Deputy Governor, to the Sir Douglas Copland Memorial Lecture to the Economic Society of Australia (Victoria)

Introducing What’s the Point? with Richard Denniss

 — Organisation: The Australia Institute — 

Episode 1 is coming on June 29.

Richard connects the dots between policy and politics with sharp analysis. By getting straight to the point, Richard helps listeners understand how democracy works and why it matters.

Presented by the Australia Institute.

The post Introducing What’s the Point? with Richard Denniss appeared first on The Australia Institute.

Building Systems of Mutual Aid After Prison | CHR Documentaries

 — Author: Chris Hedges — 

The United States has the largest carceral population in the world. Legislation designed to feed the prison state has produced detrimental outcomes for former prisoners; 70% of returning citizens go back to prison after returning to civilian life. The Return Citizen Support Group in New Jersey has constructed a community that utilizes parallel structures of mutual aid to support formerly incarcerated civilians in their journeys beyond prison. Importantly, this objective was born out of necessity. In modern America, the state and private sector only work to isolate individuals and kneecap their ability to move forward — demonstrating that rehabilitation and strength is cultivated not within the system, but outside of it.

Japan’s New Arms Exports Double Down on a Broken Economic Model

 — Publication: Progress in Political Economy — 

The new cabinet of Japanese Prime Minister Takaichi Sanae recently overturned a longstanding national ban on exports of the category of military equipment that the government defines as ‘lethal’. The lifting of the ban only applies at present to a list of 17 allies including Australia, the United Kingdom and the United States though there is a mechanism for further countries to be added in the future at the government’s discretion.

The policy change is another blow to the legal pacifism central to Japan’s post-war constitutional order and represents a significant loss for the liberal political parties that performed so poorly in the general election held earlier this year. However, this political novelty has distracted from the deeply conventional economic logic that underpins this policy change. Since its post-war revival Japan has been an export-oriented economy centered on the high value-added secondary manufacturing sector. Central to this economic model from the 1950s to the 1980s was a generous peg between the US dollar and the Japanese yen, which made the US an ideal final destination for Japanese commodities. As the Cold War wound down, the US became less tolerant of trade deficits with its allies and in the 1985 Plaza Accords it renegotiated its pegs to the German, French and Japanese currencies. The subsequent appreciation of the Yen led to a speculative real estate bubble and, in 1992, a deep recession from which Japan has never fully recovered.

Saving Civil Rights From Itself

 — Organisation: The Claremont Institute — 

Even those who strongly support the Trump Administration can grow frustrated with the pace of change. Sometimes that frustration is justified. But other times, moving deliberately is essential, particularly when it comes to the law. A shoddy or rushed legal opinion may grab headlines, but if it changes nothing or is overturned in the courts, it’s just a long, noisy out. And judges are fickle and self-regarding creatures, especially on the Supreme Court, the ultimate adjudicator of many of these disputes.

Given that reality, the recent opinion from the Department of Justice’s Office of Legal Counsel (OLC) declaring the vast majority of disparate-impact uses—a cornerstone of the civil rights regime for over half a century—effectively unconstitutional is a legal earthquake. It won’t get the sort of headlines of border walls or banning boys from girls’ sports, but in terms of its potential impact on America, it is vastly more important.