American Consequences - July 2021

CONTENTS JULY 2021 : ISSUE 50

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62

56

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46

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Inside This Issue BY TRISH REGAN

40 Will the Left Pay a Price for 'Defund the Police' Madness? BY BUCK SEXTON

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AMERICAN CONSEQUENCES

Why Kids Today Don't Understand Free Markets BY P.J. O'ROURKE

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46 Dunce of the Month: Put the Fed to Bed

Editor in Chief: P.J. O’Rourke Publisher: Trish Regan Managing Director: Jamison Miller Executive Editors: Kim Iskyan, Buck Sexton Managing Editor: Laura Greaver Creative Director: Erica Wood Contributing Editors: Andrew Amundson, Bill Bonner, Dave Lashmet Advertising: Paige Henson, Jill Peterson Editorial Feedback: feedback@americanconsequences.com Published by:

BY ANDREWAMUNDSON

14 From Our Inbox

50 Capitalism Makes Us Better Off BY JOHN STOSSEL

18 The Fed: Too Big to Succeed BY TRISH REGAN

56 What We Know After Six Months of COVID Vaccines BY DAVE LASHMET

24 Why a No-Growth World Is Inevitable BY KIM ISKYAN

62 How To Argue In Favor of Free Markets BY P.J. O'ROURKE

32 Bitcoin: All Foam; No Beer? BY BILL BONNER

36 Emerging Realities of a Post-COVIDWorld BY CRO X

68 Featured Contributors

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