Author Archives: Merrick "Mac" Carey
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The Goodhart Rule (From The International Economy)
April 22, 2022- Merrick "Mac" Carey In March 2021, Bloomberg BusinessWeek published an essay on economist Charles Goodhart’s 1975 law that “any observed statistical regularity will tend to collapse once pressure is placed upon it for control purposes.” The examples cited in the Bloomberg article are [Read More...] -
FTC’s Surrender To EU Degrades U.S. Law And Delays Cancer Detection
May 27, 2021- Merrick "Mac" Carey While President Biden pledges to fund scientific breakthroughs that will “end cancer as we know it,” his appointees on the Federal Trade Commission (FTC) are making unprecedented concessions to European regulators that will hamper early cancer detection. Every year, 600,000 [Read More...] -
The U.S. Navy’s Arleigh Burke Destroyer: Success, and Insurance Policy (From The National Interest)
March 3, 2021- Merrick "Mac" Carey The Arleigh Burke-class DDG-51 guided missile destroyer is the most capable surface ship in the U.S. Navy and is the workhorse of the fleet. Today, sixty-two of them roam the oceans, giving meaning to American “command of the seas” and [Read More...] -
Has China’s Rise Peaked? (From The National Interest)
July 11, 2020- Merrick "Mac" Carey Even though the Western mainstream view is that China is a military and economic dynamo that is quickly leaving America behind, the world may be turning against the Middle Kingdom, and Chinese leadership may be turning to a harsh brand [Read More...] -
Jefferson’s Political Revolution
July 1, 2020- Merrick "Mac" Carey Thomas Jefferson was 33 years old when he wrote the Declaration of Independence, so it is probably too late for you and me to achieve such a notable level of fame. He also attempted, in his draft, to blast the [Read More...] -
Pentagon Could Benefit From Border Security Advancements
June 10, 2020- Merrick "Mac" Carey Lost amid the near-daily complaints about the Trump Administration’s attempt to secure America’s southern border is the fact that, by every metric, illegal border crossings have dropped significantly in recent months, because crossing is no longer as easy as it [Read More...] -
The F-35B Guarantees Allied Naval Dominance Over China (From The National Interest)
May 23, 2020- Merrick "Mac" Carey Its stealth, long-range sensors and ability to internally carry Raytheon’s AIM-120 AMRAAM air-to-air missile make it the world’s most effective air supremacy fighter, after the F-22. The Joint Strike Missile (JSM), and Lockheed’s Long Range Anti-Ship Missile (LRASM) provide the [Read More...] -
Coronavirus Crisis A Good Time To Ask Why We Hate Big Tech So Much
April 17, 2020- Merrick "Mac" Carey The left, right and center of the American political system have all decided to apply the federal government’s full regulatory power to the U.S. information technology (IT) sector, and that might be a clue that we all need to reassess [Read More...] -
Attorney General William P. Barr Delivers Keynote Address At Department of Justice’s China Initiative Conference
February 6, 2020- Merrick "Mac" Carey U.S. Attorney General William Barr gave an unusual speech on February 6 that made the national security case for exactly how the United States should counter China on 5G, which promises to be the enabler of a host of futuristic [Read More...] -
Grover Connell: A Great American, A Friend of Lexington, and A Model of What Freedom Can Enable
September 7, 2018- Merrick "Mac" Carey A terrific friend and supporter of the Lexington Institute passed away in May. Grover Connell was 100 when he died, and he ran his privately held multi-billion dollar company to the end. He was simply an amazing guy. Grover was [Read More...]