The Latest Breaking News from William English

Critics of Prof. William English's survey sometimes miss the mark, but also raise valid questions.

The Seventh Circuit heard oral argument on November 12 in Viramontes v. County of Cook, Illinois, a challenge to Cook… The post In the Seventh Circuit, Procedural Red Herrings Threaten the Second Amendment appeared first on Reason.com.

The SPDR S&P 500 (NYSE: SPY) is sliding Tuesday as the Federal Reserve kicks off its two-day policy meeting, which is expected to feature another large rate hike.

As I mentioned yesterday, there's a new survey aimed at determining patterns of gun ownership and defensive gun use, from Prof. William English at the Georgetown University. It's much larger than most other such surveys, with over 54,000 adult American respondents, of whom over 16,700 personally owned guns. The large…

"consisting of approximately 171 million handguns, 146 million rifles, and 98 million shotguns." There are also estimates of AR-15 ownership and ownership of magazines that hold over 10 rounds (which some state laws classify as "large-capacity").

The results also confirm that "assault weapons" and "large capacity" magazines are widely used for lawful purposes.

When Federal Reserve Chair Jerome Powell delivers what will be his most closely scrutinized speech of the year Friday, investors and economists will be turning over his remarks for any clues about how fast the Fed may continue to raise its short-term interest rate — and for how long