U.S. government digital dollar set to be banned tonight under housing law’s CBDC limit

Cryptocurrency & Free Speech Finance

The CBDC limit expires at the end of 2030, though there was little chance that a Fed digital currency would have been executed by then. There’s been limited appetite at the central bank, where its previous leadership — even before the arrival of Trump’s newest Fed chair, Kevin Warsh — had long said that such an effort would require backing from the White House and congressional authorization. There’s never been wide support for a CBDC in Congress.But the idea — strongly opposed by the crypto industry for its potential to compete with privately issued stablecoins — has been pursued in…

Media & Culture

Review: A Chaotic History Podcast for People Who Don’t Care About Historical Accuracy

If you like history but don’t care what actually happened, check out Fin vs History. The podcast features two British comedians, Fin Taylor and Horatio Gould, poking fun at some of history’s most revered figures and events. The humor in the pod is frequently juvenile and occasionally exhausting, but chaos is part of the appeal. For instance, an episode about Mahatma Gandhi punctures the bubble surrounding the saintlike icon, treating him as a flawed human being, “the biggest killjoy there’s ever been,” rather than the sacred figure from our history lessons. Much of the humor is deliberately adolescent, with extended riffs…

AI & Crypto

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Politics

Today in Supreme Court History: July 10, 1832

Media & Culture

7/10/1832: President Jackson vetoes the bill to recharter the Second Bank of the United States. He wrote that the bill was unconstitutional. President Andrew JacksonThe post Today in Supreme Court History: July 10, 1832 appeared first on Reason.com. Read the…

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Israeli Prime Minister Benjamin Netanyahu. Photo: WORLD ECONOMIC FORUM/swiss-image.ch/Jolanda Flubacher Benjamin Netanyahu’s coalition wants to impose what it calls “institutional neutrality” on the country’s universities. The proposals – which could become reality within a month – would prevent higher education institutions from taking political positions, organising strikes or suspending teaching in response to political developments. University presidents would themselves be barred from expressing views that might be perceived as political or could encourage others to be. All of which sounds more like “neuter” than “neutrality”. There’s a concession: lecturers and students can express themselves politically and “participate in public discourse” provided that the activity is done privately “and is not specific to the institution or done by virtue of their academic or administrative role and does not harm the institution’s regular activity”. These are very broad caveats, which will still leave people very exposed. There’s nothing subtle about these plans. They’re clearly designed to stop campuses mobilising against controversial government measures, of which in Netanyahu’s Israel there are now many. They will also chill academic freedom more broadly. After all, universities are not meant to be impartial spaces. They are meant to be intellectually independent and curious. They are meant to question orthodoxies, challenge power and create conditions in which difficult ideas can be tested. In the words of poet Stephen Spender in his op-ed that launched Index, “universities represent the developing international consciousness which depends so much on the free interchange of people, and of ideas.” Israeli academics understand the danger. One organisation opposing the proposals described them as “the essence of dictatorship, tyranny of silencing and instilling fear in those whose nature is independent thought”. They warned: “History will remember who was in positions of power and did not turn over every stone to prevent the elimination of Israeli academia and democracy.” This is not the first attack those within Israeli universities faced. As reported by our writer Akin Ajayi, Palestinian academics and students within Israel have already experienced harassment in various forms. This led to one person telling us “silence is the best option”. Then there’s the destruction of Gaza’s higher education system, which has been described by some as “scholasticide”. The assault is not confined to academia either. I read about the plans in Israel’s leading, left-leaning newspaper Haaretz. The following morning came news that the newspaper’s offices had been vandalised after a masked man threw a brick through its entrance. Haaretz has repeatedly been targeted, while only last week a similar attack struck Channel 12 News in Tel Aviv. In May this year, Israeli journalist Oren Persico wrote for us about how Israel’s targeting of Palestinian journalists had helped create an atmosphere in which Israeli journalists increasingly found themselves under attack too. His argument echoed Martin Niemöller’s famous warning: once repression becomes normalised against one group, it rarely stops there. Hence what we’re seeing in universities – both the continuation and the escalation of Netanyahu’s assault on freedom of expression. READ MORE

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