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Mets’ David Peterson ‘getting back to who I am’ with promising relief outing

NY Post
1 month 1 week ago
David Peterson received no love from his defense, particularly third baseman Andy Ibáñez, but he did his part to give the Mets an opportunity to win Sunday.
Mike Puma

Dark plot to destroy Spencer Pratt as unions go on brutal ad blitz — and even drop the ‘R’ bomb

NY Post
1 month 1 week ago
Major unions have launched a dramatic bid to take down Spencer Pratt after he blew left-wing rivals away at last week's debate.
Benjamin Brown

Philly reporter swarmed by Knicks fans as 76ers faithful lament sweep: ‘Let Kyle Lowry coach’

NY Post
1 month 1 week ago
The reporter with the local ABC affiliate in Philadelphia was swarmed by Knicks fans who had taken over the Xfinity Mobile Arena on Sunday.
Christian Arnold

Carlos Rodon’s ongoing command issues spoil his Yankees injury return: ‘Just got to be better’

NY Post
1 month 1 week ago
Carlos Rodón issued five walks, hit a batter and threw a wild pitch across 4 ¹/₃ innings, spoiling his first start of the season.
Greg Joyce

Spencer Pratt Surges In L.A. Mayoral Race As Democrats Grow Nervous

Zero Rss
1 month 1 week ago
Spencer Pratt Surges In L.A. Mayoral Race As Democrats Grow Nervous

Los Angeles mayoral candidate Spencer Pratt, best known for his role on MTV’s The Hills, is gaining traction on online prediction markets, including Polymarket and Kalshi, as well as local polling, after a series of viral campaign videos and last week’s mayoral debate.

Pratt’s campaign has released hard-hitting viral ads that have spread across social media like wildfire. His election odds are rising as voters realize that the far-left incumbent, Mayor Karen Bass, and socialist Councilmember Nithya Raman have transformed one of America’s top cities into a cesspool of crime, chaos, drugs, and out-of-control taxes.

The debate last week served as a major inflection point, boosting Pratt’s visibility and positioning him as a more serious contender in the race.

Spencer Pratt is coherent and reasonable.

If he becomes LA’s next mayor he will return that city to safety and greatness.

Please watch the entire debate and judge for yourself. pic.twitter.com/sbicgR7dMm

— Chamath Palihapitiya (@chamath) May 7, 2026

After last Wednesday's mayoral debate, an online poll from NBC Los Angeles showed that, as of Thursday morning, 88% of voters had picked Pratt, causing alarm within the Democratic Party.

🚨 LA MAYOR POLL: A whopping 88% say that @spencerpratt WON the Mayoral debate last night.

Spencer Pratt: 88%
Karen Bass: 7%
Nithya Rama: 5%

It wasn’t even close. pic.twitter.com/EMUmw9sDDs

— Dustin Grage (@GrageDustin) May 7, 2026

So much concern that Bass dropped out of an upcoming mayoral forum:

“The League of Women Voters and the Pat Brown Institute for Public Affairs regret to announce that Mayor Karen Bass has withdrawn from the televised Los Angeles mayoral forum scheduled for May 13 on FOX 11,” the organizations wrote in a statement posted on Instagram.

The statement continued, “The forum was organized to give Los Angeles voters the opportunity to hear directly from candidates seeking to lead the city through a period of extraordinary challenges.”

Pratt’s campaign has been energized by high-profile donations, including a contribution from Lakers owner Jeanie Buss and support from Joe Rogan. His message is grounded in common sense and data, making it hard to counter with Bass' left-wing talking points, which do not resonate with voters.

Spencer Pratt’s PRICELESS reaction when Nithya Raman dismisses him as a ‘MAGA Republican’ pic.twitter.com/1CEeVTDr4q

— Daily Caller (@DailyCaller) May 7, 2026

Pratt has accused Bass of being a communist...

I’m sorry I am now a broken record but oh my God I did not have Spencer Pratt, exposing Karen Bass’s entire communist, revolution history during the race for mayor in Los Angeles.

I mean the best part about this is everything he’s saying is completely 100% true.

So if you… pic.twitter.com/iyoR93WOFh

— Insurrection Barbie (@DefiyantlyFree) May 7, 2026

Viral ads:

They not like us pic.twitter.com/78hducHDUE

— Spencer Pratt (@spencerpratt) April 29, 2026

LA has over 40K drug addicts holding Angelenos hostage. All it takes is one to make moms feel too nervous to let their kids just go be kids and explore the quiet streets of their beautiful neighborhood. ENOUGH. We are done being held hostage in our own homes. Vote PRATT today! pic.twitter.com/9J3QJWvd1u

— Spencer Pratt (@spencerpratt) May 9, 2026

pic.twitter.com/7PphLcDgHD

— Spencer Pratt (@spencerpratt) May 8, 2026

Both Polymarket and Kalshi show that Pratt's odds of winning the local election are rising, but Bass remains the front-runner:

Polymarket

Kalshi

Pratt accused CBS of election interference...

CBS got the call after fact-checking Karen Bass, so they tried to turn a 1 hour interview with me into a 5 minute hit piece. They need to air the full, unedited interview. pic.twitter.com/ff6UsWZLuA

— Spencer Pratt (@spencerpratt) May 9, 2026

“Will Spencer win enough votes to overcome the usual mass voter fraud by Democrats? His stunning mastery of the facts trounced the talking-point blather of the two hacks,” James Woods asked on X.

Tyler Durden Sun, 05/10/2026 - 22:25
Tyler Durden

‘Euphoria’ Season 3 Episode 5 Ending Explained: Does Rue Die in ‘Euphoria’?

NY Post
1 month 1 week ago
Alamo actor Adewale Akinnuoye-Agbaje teased us that Maddy could be the key to Rue's survival: "He's really intrigued by that."
mliss1578

Knicks erupt for historic 3-point showing in Game 4 win: ‘Legacy you want’

NY Post
1 month 1 week ago
The brilliant shooting day was somewhat of a surprise, despite how easily the Knicks handled the 76ers in this series.
Zach Braziller

Hawaiian hailed a hero for beating entitled tourist caught hurling rock at beloved seal ‘Lani’ in viral video

NY Post
1 month 1 week ago
A viral clip of the act of citizen justice captured a shirtless man approaching the visitor from behind and knocking him down in a flurry of blows.
Zoe Hussain

Miranda Devine: The left is weaponizing women’s misplaced empathy — and it threatens all of us

NY Post
1 month 1 week ago
Women’s nurturing instincts have been turned into weapons of political warfare, especially on the left. 
Miranda Devine

Knicks’ past draft lottery dreams feel so far removed as playoff ‘momentum’ grows

NY Post
1 month 1 week ago
In a different and less enjoyable era, the draft lottery was the Knicks’ Super Bowl.
Stefan Bondy

State senator demands California escalate war with State Farm by hitting it where it hurts most

NY Post
1 month 1 week ago
Pasadena State Sen. blasted California’s largest insurer after state investigators found State Farm may have violated the law hundreds of times while handling fire survivor claims.
Nina Joudeh

Who Is Rulla Nehme Pontarelli’s Husband’s Alleged Mistress?

NY Post
1 month 1 week ago
The Real Housewives of Rhode Island has put Brian Pontarelli in the hot seat.
mliss1578

‘90 Day Fiancé’ Season 12 premiere: Catie blames OCD for making out with multiple guys a night

NY Post
1 month 1 week ago
During Sunday's premiere, the "free-spirit" from Portland admitted that she didn't know if she could give up kissing other people, despite being engaged.
mliss1578

‘90 Day Fiancé’ Season 12 premiere: Catie blames OCD for making out with multiple guys a night

NY Post
1 month 1 week ago
During Sunday's premiere, the "free-spirit" from Portland admitted that she didn't know if she could give up kissing other people, despite being engaged.
Antoinette Bueno

Desperate LA mayor hopeful drops huge U-turn on key policy that’ll infuriate lefties

NY Post
1 month 1 week ago
Los Angeles mayoral hopeful Nithya Raman is desperately backpedaling from her former “defund the police” rhetoric in a dramatic campaign U-turn that could alienate her far-left base.
Nina Joudeh

Fury as trans volleyball player switches to track and field and dominates, ‘coward’ Newsom told to act

NY Post
1 month 1 week ago
One protester angrily accused California Gov. Gavin Newsom of abandoning female athletes
Jeremy Louwerse

Miles McBride bucks slump with sizzling shooting to set tone for Knicks in place of injured star

NY Post
1 month 1 week ago
Miles McBride was, in his words, “extremely comfortable” with an expanded role as long as OG Anunoby was out.
Zach Braziller

Why Socialism Fails

Zero Rss
1 month 1 week ago
Why Socialism Fails

Authored by Deborah Palma via The Epoch Times (emphasis ours),

Economics is not a zero-sum game in which one person’s gain comes at another’s expense; nor is it just about numbers or purposeless statistical aggregates, but conscious human action.

Custom image by FEE

Ludwig von Mises, in his work “Human Action,” explains that individuals act to replace a less satisfactory state of affairs with a more satisfactory one. This process is inherently subjective and teleological, meaning that the values guiding economic activity are rooted in individual choices, and not in physical objects themselves.

Economic calculation serves as the bridge between the subjectivity of human desires and the objective reality of scarce resources. Consider a quantity of steel that could be used to build either a hospital or a factory. Without a system of prices reflecting society’s preferences and the relative scarcity of resources, there would be no way to determine which of these projects creates greater value. Economic calculation, expressed through prices, allows for the comparison of alternatives, whilst directing resources toward their most-valued uses.

Similarly, consider an entrepreneur evaluating whether they should open a bakery. They must decide how much to invest in equipment, rent, labor, and so on. By comparing the costs of these factors with the expected revenue from sales, our entrepreneur can estimate whether the business will create value. If revenues are expected to exceed total costs and taxes, there will be profit.

Profit, therefore, is not merely a financial gain, but evidence that scarce resources have been allocated in ways that better satisfy societal needs, because society has, in an undirected way, decided its needs are satisfied this way. Conversely, losses would indicate that those resources should have been allocated to more valuable uses. Without prices, profits, and losses, the entrepreneur would have no way of knowing whether resources are being used efficiently.

In a complex economy with an advanced division of labor, individuals cannot rely solely on their own direct knowledge to decide how to allocate resources among many possible combinations. They require a common denominator that allows for the comparison of costs and benefits. This denominator is the price, which emerges from voluntary exchanges in the market.

Prices are not arbitrary numbers; they are determined by exchange values arising from the competitive interaction between consumers and producers. Price reflects the relative scarcity of a good in relation to all other possible uses of the same factors of production.

When an entrepreneur invests in new technology or capital infrastructure, they rely on monetary calculation to assess whether the value of the final product will exceed the total value of the inputs consumed. This “surplus” is profit, an unmistakable signal that value has been created by, and for, society. The opposite—loss—signals the waste of scarce resources.

The importance of prices becomes even more evident when we examine historical attempts to artificially control them. Throughout history, governments have sought to replace the market price system with centrally-directed mechanisms, and the results have been consistently disastrous.

One of the earliest examples dates back to the reign of Diocletian in the Roman Empire. In 301 AD, the emperor issued the Edict on Maximum Prices, imposing price ceilings on thousands of goods and services, including basic items such as wheat, meat, and clothing, as well as wages for various professions such as farmers, bakers, craftsmen, and teachers. By fixing prices below their market-clearing levels, the policy reduced the incentive for producers to supply these goods, since many could no longer cover their costs or earn a profit. At the same time, artificially low prices increased consumer demand. This imbalance between reduced supply and increased demand led to widespread shortages. As a result, many goods disappeared from official markets and were instead traded illegally at higher prices, contributing to the expansion of black markets and the disruption of normal productive activity. The policy ultimately proved unsustainable and was abandoned due to its failure.

More recently, similar policies were implemented in Brazil under the government of José Sarney, particularly during the Cruzado Plan of 1986. The freezing of prices, initially celebrated as a solution to inflation, quickly resulted in widespread shortages, empty shelves, and the emergence of parallel markets. Unable to adjust prices, producers reduced supply, exposing the inability of such measures to coordinate a complex economy.

More recent cases reinforce this pattern. In Venezuela, strict price controls implemented over the past decades have contributed to chronic shortages, the collapse of domestic production, and increasing dependence on imports. Basic goods disappeared from store shelves, while informal markets became central to the population’s survival.

These episodes produce the same outcome: scarcity. Prices emerge from decentralized interactions between individuals, reflecting their preferences and the relative scarcity of goods. Once formed, however, they also serve to coordinate economic activity by conveying information that guides producers and consumers in their decisions. When prices cease to reflect the relationship between supply and demand, they lose this informational and coordinating function. Instead of promoting order, price controls generate disorganization, shortages, and waste.

Mises’s thesis was challenged by economists such as Oskar Lange, who proposed a form of “market socialism.” Lange argued that a planning board could simulate the market through a process of trial and error, adjusting prices as surpluses or shortages emerged. However, Mises and his student Friedrich Hayek refuted this view, emphasizing that the problem is not merely one of data processing. The crucial point is that the data required for economic calculation, such as subjective preferences and local knowledge, only come into existence through real market exchanges.

Attempts to treat the economy as a system of simultaneous equations, in which equilibrium can be mathematically determined, ignore the dynamic nature of reality. The market is a continuous process of discovery, not a static state of rest. The economy cannot be managed like a problem of engineering or mechanical physics, because it involves constant change, subjective expectations, and genuine uncertainty, elements that no fixed equation can fully capture.

Under socialism, the abolition of private property in the means of production destroys the very concept of capital as a calculable value. When the state owns all higher-order goods (machines, land, and raw materials), there are no exchanges between private owners for these items. Consequently, there are no market prices for capital goods. Without these prices, the central planner, no matter how well-intentioned, lacks the necessary information to determine whether they are creating wealth or merely consuming the nation’s capital.

From the Foundation for Economic Education (FEE)

Tyler Durden Sun, 05/10/2026 - 21:35
Tyler Durden

Moment Frontier Airlines plane strikes person on Denver runway seen in horrifying new video

NY Post
1 month 1 week ago
The person had jumped the perimeter fence and was on the tarmac when they were mowed by the plane at 11:19 p.m., the airport confirmed.
Caitlin McCormack

Diane Keaton’s daughter posts emotional first Mother’s Day tribute since actress’ death

NY Post
1 month 1 week ago
The late actress adopted two children in her 50s and raised them on her own.
mliss1578

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