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Every now and then we can get some much needed clarity from academia. “Nowadays, the unemployment rate equals the number of unemployed persons divided by the total civilian labor force, which itself adds the number of people who are employed to the number of unemployed,” William F. Shughart II writes in the Spring issue of The Independent.

Farms and ranches in California might be going out of business due to environmental zeal in protecting so-called endangered species, many of which are easier to find than factories. That doesn’t stop one school from partnering with the federal government to promote the Endangered Species Act.

AJC: The Cato Institute hosted a discussion of the current Senate Healthcare bill entitled, “Will the Senate Healthcare Bill Keep the Poor Poor?” to consider the unintended effects in the proposed piece of legislation.