Policy and Government
Arthur Laffer: Trade wars are never won.
Drudge Report features, “Rumor is that Paul Ryan may resign as U.S. House Speaker, Scalise will replace him….”

Dow goes up 700 after Kim Jong Un’s surprise visit to China is revealed.
Blockchain & Hernando deSoto: A Transpartisan Path To Reducing Poverty.
Protectionism makes us poorer.
Monetary
Mooney Money! How This Rep. Is Reviving a Forgotten Economic “Magic Formula”.
Regulatory
Investor’s Business Daily writes Apple’s Tim Cook is wrong about regulating Facebook.
At Real Clear Markets, John Tamny says China’s alleged intellectual property theft is much ado about nothing.