Paul Ehrlich has died at the old age of 93. I am grateful he lived long enough to witness how many of his doomsday predictions were wrong. But he does not seem to have recognized his faults. As late as 2018, Ehrlich predicted (once again) that the collapse of civilization would happen in decades. How could a person who is consistently wrong about everything maintain his status as a public intellectual? I think the short answer is that Ehrlich told progressives what they wanted to hear and reaffirmed their world view. When a progressive uses the phrase “trust the science”…

The crypto rally is took a pause on Tuesday ahead of Wednesday’s Federal Reserve decision.After briefly topping $76,000 overnight, bitcoin BTC$74,561.19 pulled back to around $74,000 during the U.S. session, modestly higher over the past 24 hours.Crypto stocks mostly booked modest gains, with stablecoin issuer Circle (CRCL), bitcoin miner Bitdeer (BTDR) standing out advancing 5% and 12%, respectively. The Nasdaq closed with a 0.5% gain and the S&P 500 rose 0.25%.It’s almost universally expected that the Fed will leave benchmark interest rates unchanged at 3.50%-3.75% tomorrow. But given rapidly rising oil prices and their possible effect on inflation thanks to…

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