States and localities cannot avoid dealing with issues of teacher compensation. Not only is it the largest budget item for many local governments, but also it is the place of largest leverage for improving the quality of schools.
Britain has not left Europe; it has just stepped into another room. Its European role has always been complex and ambivalent. “The desire for isolation, the knowledge that it is impossible – these are the two poles between which the needle of the British compass continues to waver.” The words of the historian RW Seton-Watson in a history of Britain in Europe published in 1937. True then, even more true now.
I'm working on an economic view of political polarization. One aspect of that project is the extent to which many institutions in our society have become politicized. Today's post is one little data point in that larger story. It tells a little story of how to politicize an institution and silence dissenters.
The fourth edition of the Decision 2020 report highlights Hoover Fellows’ research, analysis, and solutions pertaining to the California’s homelessness crisis, including glaring examples of failed public policy in its major metropolitan areas.
An anonymous commenter on my last post points to an article by Jeffrey Mervis in Science Magazine. The National Institutes of Health -- that's the NIH, an arm of the Federal Government, that distributes your and my tax dollars to support research -- will launch a $241 million initiative called Faculty Institutional Recruitment for Sustainable Transformation (FIRST).
Super Bowl Sunday is a uniquely American celebration of guts and grit, cash and commercialism. It’s our annual ritual and favored sport. Thanksgiving is the only other American holiday that Super Sunday rivals.
The Taylor rule provides a natural paragon of short-term nominal interest rates, albeit one that is subject to considerable uncertainty. This post quantifies this uncertainty and shows how this quantification contributes to monetary policy assessment. It shows that, in 2019, short-term interest rates in the euro area were close to the middle of the benchmark interval thus obtained.
A new study released by Tom Church, Daniel L. Heil, and Lanhee J. Chen, Ph.D., with support from the Partnership for America’s Health Care Future, reveals the public option “could require tax increases on most Americans, including middle-income families” and could “add over $700 billion to the 10-year federal deficit, with dramatically larger losses in subsequent years.”
If revenues are any barometer, state-run lotteries are among the most popular forms of entertainment in the United States. Such lotteries brought in more than $83 billion in the US in fiscal 2019, according to the North American Association of State and Provincial Lotteries—dwarfing, for example, the $11.4 billion North American moviegoers spent at the box office.
President Trump told his national security adviser in August that he wanted to continue freezing $391 million in security assistance to Ukraine until officials there helped with investigations into Democrats including the Bidens, according to an unpublished manuscript by the former adviser, John R. Bolton.