Source: Why Rational Consumers Are Irrational Voters | Mike Rappaport

Catalonia is vying to become Europe’s newest nation-state, but this is a battle Catalonia ultimately can’t win. On Oct. 27, Catalan lawmakers voted to declare independence—barely. Only 51.8% of members in the Catalan parliament supported the declaration. That means even Catalans themselves are divided over whether Catalonia should secede from Spain.

Source: The Catalan Revolt of 2017 | This Week in Geopolitics Investment Newsletter | Mauldin Economics

A potential Supreme Court case challenges federal protection of an intrastate species with no commercial value.

Source: Does the Commerce Clause Empower Congress to Regulate Every Living Thing? – Hit & Run : Reason.com

This is not about Donald Trump, Russia, or the 2016 election.

Source: Manafort Indicted for Hiding Financial Ties to Ukraine – Hit & Run : Reason.com

Source: Political Prosecutions in Full Swing | Armstrong Economics

Lately, my life has been completely packed with speeches, meetings, and in-depth, often lengthy, conversations. Plus ongoing research and writing, of course.…

Source: The Fragmentation of Society | Thoughts from the Frontline Investment Newsletter | Mauldin Economics