As AI becomes a more important and visible part of our lives, the movement to regulate it also grows. The standard regulation narratives—that government regulates things in the name of the public interest—clearly do not fit the facts.

Carl Menger, founder of the Austrian School of economics, served as the tutor for Austrian-Hungary’s Crown Prince Rudolf, the only son of Emperor Franz Joseph. But Rudolph’s untimely death in 1889 would end up changing the ruling dynamics of pre-World War I Central Europe.

Gawain Towler explains the ongoing campaign by the British establishment to destroy the existential threat The Reform Party poses to them.

The first aim, the one they would toast if they achieved it, is to take Farage down altogether, to force a resignation. They will not be so lucky. The second aim is subtler and in its way just as dangerous. It is aimed at the rear echelon. At the Reform leaning voter, the not sure but interested, the undecided man or woman who is being told, day after day, that these people are chaotic, tainted, not quite safe. Frighten the reserves and the front line starves.

If Farage were to resign, which he will not, Burnham would call a general election the next morning, before the smoke cleared. Since he will not, there will be a delay, and the pounding will continue. That is the nature of the thing. Preparatory bombardments do not stop because the defenders are steady. They stop when the attacker runs out of shells or out of time.

So what is required of us is not cleverness. It is resilience. We have been shelled before, in 2016, in 2019, in 2024, and we have remained undimmed. Morale is the true objective of every barrage, and morale is the one thing entirely within our own keeping. Courage under fire is not a slogan, it is a discipline, and it consists mostly of not doing things. Not wavering. Not sniping at our own. Not mistaking noise for damage.

If you are even vaguely considering supporting Reform, then you are the target of this carefully orchestrated campaign to convince you to do otherwise. I urge you to read the entire linked article: The Guns Before the Whistle.

Thucydides famously observed that “the secret of happiness is freedom, and the secret of freedom is courage.”

Take courage.

Lots of news today. Nigel Farage has stood down as MP for Clacton, stating he will seek to be re-elected in the resulting by-election. The Daily Mail has defeated Prince Harry and several other high-profile claimants in a phone hacking case brought against it in the High Court, a result that Lord Dacre, the Mail’s publisher, has hailed as a victory for press freedom.

The papers were no doubt equally full on this day twenty-one years ago, before the 7 July 2005 London bombings wiped everything else off the front page.

Every party in trouble prays for the same miracle, which is amnesia. The Conservative Party’s entire strategy for the next four years rests on the hope that the British people will misremember the last fourteen. Kemi Badenoch has said as much, remarking that it is unhelpful to churn over every incident of those years. Unhelpful to whom, one might ask. Yesterday Reform UK answered her with a website, and I want to spend a few paragraphs telling you why donotforget.co.uk matters rather more than a campaign microsite usually does.

– Gawain Towler

Markets are discovery mechanisms. In war adaptation and discovery are a matter of survival.

Ukraine began the war with a traditional military procurement system. Large, standardised orders from suppliers chosen by the defence ministry with no room for adjustment to individual circumstances. Ukraine’s key innovation was to decentralise military acquisition, placing the funding and decision-making power in the hands of military commanders on the front lines.

Enabled by their earlier implementation of a public electronic procurement system Prozorro, groundbreaking in its own right by allowing greater price competition and transparency, Ukraine launched DOT-Chain Defence in July 2025. Perhaps best described as an ‘Amazon’ for weapons systems, Military units independently select, order, and reserve the necessary equipment, see delivery timelines, leave feedback, and receive quick responses. The system is designed to eliminate unnecessary bureaucracy and allow frontline brigades to order in exactly the resources they need at any given time with minimal delay. If a product is low-quality individual units will cease to order it as soon as battlefield conditions expose its flaws, providing rapid feedback to manufacturers to improve their products.

The e-points system is another recent deployment. A unit carries out a combat mission and uploads video proof of its achievements, targets destroyed etc., to the DELTA combat and control system. The unit is then awarded e-points at the end of the month, a virtual currency which it can use to purchase the weapons systems of its choice.

By introducing clear incentives at every step of the process, combat units are motivated to provide results, manufacturers to improve quality and the Ukrainian military machine becomes ever more effective.

– Samuel Williamson