Contrary To Everything

In 1985, President Ronald Reagan appointed me as a federal judge.  I was 38 years old.  At the time, I looked forward to serving for the rest of my life.  However, I resigned Friday, relinquishing that lifetime appointment and giving up the opportunity for public service that I have loved.

My reason is simple: I no longer can bear to be restrained by what judges can say publicly or do outside the courtroom.  President Donald Trump is using the law for partisan purposes, targeting his adversaries while sparing his friends and donors from investigation, prosecution, and possible punishment.  This is contrary to everything that I have stood for in my more than 50 years in the Department of Justice and on the bench.  The White House’s assault on the rule of law is so deeply disturbing to me that I feel compelled to speak out.  Silence, for me, is now intolerable.

I resigned in order to speak out, support litigation, and work with other individuals and organizations dedicated to protecting the rule of law and American democracy.  I also intend to advocate for the judges who cannot speak publicly for themselves.

I cannot be confident that I will make a difference.  I am reminded, however, of what Senator Robert F. Kennedy said in 1966 about ending apartheid in South Africa: "Each time a man stands up for an ideal, or acts to improve the lot of others, or strikes out against injustice, he sends forth a tiny ripple of hope."  Enough of these ripples can become a tidal wave.

-- Mark L. Wolf, retired senior United States district judge in Massachusetts, "Why I Am Resigning", The Atlantic (9 November 2025)

Shipwrecked

Whoever undertakes to set himself up as a judge of Truth and Knowledge is shipwrecked by the laughter of the gods.

-- Albert Einstein (1879 - 1955), German-born theoretical physicist, in his Essays Presented to Leo Baeck on the Occasion of His Eightieth Birthday (1954), p. 26

Stop Making Cents

The U.S. ended production of the penny Wednesday, abandoning the 1-cent coins that were embedded in American culture for more than 230 years but became nearly worthless.

When it was introduced in 1793, a penny could buy a biscuit, a candle or a piece of candy.  Now most of them are cast aside to sit in jars or junk drawers, and each one costs nearly 4 cents to make.

Billions of pennies are still in circulation and will remain legal tender, but new ones will no longer be made.

The last U.S. coin to be discontinued was the half-cent in 1857.

Most penny production ended over the summer, officials said.  During the final pressing, workers at the mint stood quietly on the factory floor as if bidding farewell to an old friend.  When the last coins emerged, the men and women broke into applause and cheered one another.

-- MaryClaire Dale, writing for Associated Press, "US Mint presses final pennies" (12 November 2025)

Brexit Impact Update

This paper examines the impact of the UK's decision to leave the European Union (Brexit) in 2016.  Using almost a decade of data since the referendum, we combine simulations based on macro data with estimates derived from micro data collected through our Decision Maker Panel survey.  These estimates suggest that by 2025, Brexit had reduced UK GDP by 6% to 8%, with the impact accumulating gradually over time.  We estimate that investment was reduced by between 12% and 18%, employment by 3% to 4% and productivity by 3% to 4%.  

These large negative impacts reflect a combination of elevated uncertainty, reduced demand, diverted management time, and increased misallocation of resources from a protracted Brexit process.  Comparing these with contemporary forecasts -- providing a rare macro example to complement the burgeoning micro-literature of social science predictions -- shows that these forecasts were accurate over a 5-year horizon, but they underestimated the impact over a decade.

-- Nicholas Bloom, et al, "The Economic Impact of Brexit", National Bureau of Economic Research, November 2025

Immortal Truth

Lower a bucket into a well of self-deception, and what comes up must be immortal truth, mustn't it?

-- Charles Reade (1814 - 1884), English novelist and dramatist, The Cloister and the Hearth (1861) Ch. V

One Never Notices

One never notices what has been done; one can only see what remains to be done.

-- Marie Curie (1867 - 1934), Polish-born scientist, first woman to win the Nobel Prize (for Physics in 1903); first person to win a second Nobel Prize (for Chemistry, 1911), Letter to her brother (1894)

Continual Accretion

Congress, as a practical matter, can't get this power back once it's handed it over to the president.  It's a one-way ratchet toward the gradual but continual accretion of power in the executive branch and away from the people's elected representatives.

-- Supreme Court Justice Neil Gorsuch, in an exchange with Solicitor General D. John Sauer about Trump invoking the International Emergency Economic Powers Act (IEEPA) to impose tariffs (6 November 2025)