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The Lighthouse®

The Lighthouse® is the weekly email newsletter of the Independent Institute.
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Volume 25, Issue 10: March 9, 2022

Victor Davis Hanson (American Greatness)
The Democrats will suffer historic losses in the November midterms. This disaster for their party will come about not just because of the Afghanistan debacle, an appeased Vladimir Putin’s invasion of Ukraine, the destruction of the southern border, the supply chain mess, or their support for critical race theory demagoguery. The culprit for the political wipeout will be out-of-control inflation—and for several reasons. READ MORE »



Judy L. Shelton (New York Sun)
In response to the move by America and its allies to block the access of certain Russian banks to the SWIFT international payment system, President Putin put Russian nuclear forces on alert. How surprised should we be? The inflicting of such overwhelming costs on Russia would be unprecedented—akin, according to the Russians, to an “act of war” (Dmitry Medvedev, Russian prime minister, 2014). Are we ready for fall out, if we follow through? READ MORE »



Emre Kuvvet (Wall Street Journal)
President Biden’s nomination of two “progressive” economists to key positions at the Federal Reserve has triggered accusations from conservatives and Republicans that the president is trying to politicize the Fed. But it’s too late; the central bank is already deeply politicized. Might it be time to fire people? READ MORE »



K. Lloyd Billingsley (American Greatness)
By suggesting that a “minor incursion” into Ukraine would be acceptable, Joe Biden effectively colluded with Vladimir Putin in his imperialist ambitions. But the appeasing of Russian dictators is nothing new for the president. During the Cold War, Senator Biden supported the Soviet-backed nuclear-freeze movement and opposed the Reagan defense buildup. Playing stunt man for Barack “Tell Vladimir” Obama was Biden’s next act. And now we are at the end of his long road to Kyiv. What’s next from Uncle Joe? READ MORE »



K. Lloyd Billingsley (American Greatness)
George Orwell’s Animal Farm and Nineteen Eighty-Four, with all their brilliance and predictive power, do not exhaust the wisdom of the 1940s, still available for deployment. Consider, for example, The Road to Serfdom, first published in 1944. Author Friedrich August Hayek, who won the Nobel Prize for economics in 1974, explains why democratic socialism, the kind championed by Alexandria Ocasio-Cortez, Bernie Sanders and such, is unachievable and a great danger. READ MORE »



Mary L. G. Theroux and Theo Ellington (San Francisco Examiner)
The problem of so many persons living on America’s streets has driven federal and local policy to a “Housing First” approach. But that too often means merely bringing individuals with their problems indoors—with no tools to overcome the issues that caused a fall onto the streets in the first place. A new movement called Beyond Homeless aims to change that. And the data is in. Healed persons don’t stay homeless. READ MORE »



Ivan Eland (Washington Times)
Why is a NATO no-fly zone over Ukraine a bad idea? Because to make it stick would require the shooting down of Russian warplanes by NATO forces—with nuclear conflict with US right around the corner. How about instead we deregulate the U.S. oil market, flood the world with cheap fuel, and watch Putin’s war machine file for bankruptcy? Saving lives by getting richer—it’s called the free market. READ MORE »





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