Most preindustrial mass plagues were bacterial, caused by urban overcrowding and poor-to-nonexistent garbage and sewage disposal. In the disruptive aftermath of pandemics, fundamental social and political change sometimes followed—wars lost, governments ended, wealth and power reversed.
I've long been curious about politically allocated housing. (It's called "affordable," and "below market rate," but why should we let the left make up all the buzzwords?) A free market economist smells a rat of inefficient subsidies, and huge inequality-increasing implicit tax rates.
With distance comes perspective. And though it hasn’t been all that long since Californians went to the polls, here are some thoughts with regard to this week’s primary in the Golden State, one of 14 states to participate in this year’s “Super Tuesday” of voting, coast to coast.
The eighth edition of the Decision 2020 Report explores research and analysis from Hoover fellows about solutions to what many in politics and the media call a “broken” immigration system in America. Topics include the economics of combating illegal immigration; the value immigrants bring to American society; and the impact of Mexico’s economy on the flow of migrants.
Jason Furman wants stimulus: Congress should pass a simple one-time payment of $1,000 to every adult who is a U.S. citizen or a taxpaying U.S. resident, and $500 to every child who meets the same criteria. Here's a better idea. The IRS should allow anyone to borrow up to $10,000 against future tax payments, with interest. The IRS has an excellent collection mechanism.
This contest isn’t over. Vermont Sen. Bernie Sanders could stage a comeback (mostly likely, he needs former Vice President Joe Biden committing the mother of all gaffes at the next debate, which is on The Ides of March in Phoenix – two days before big votes in Florida and Ohio).
The low point between the two men [President Obama and Senator Bernie Sanders] was a 2013 meeting with other Democratic senators. Obama had just put a chained Consumer Price Index in his budget, a proposal that would cut Social Security benefits by tying them to the rate of inflation. Many Senate Democrats were angry about it.
Hoover Institution fellow Michael Petrilli discusses a new study which shows that people with bachelor’s degrees earn more per year on average than those with only a high school diploma. The gap widens around Boise, where people with a bachelor’s degree earn almost $38,000 more per year.
A new volume edited by Michael Petrilli and Chester Finn titled How to Educate an American brings together numerous thought leaders around social policy to discuss the conservative vision of education reform. I was pleasantly surprised by this book because it does not simply rehash the same talking points but contains a number of interesting new ideas and clear expression of the themes that divide political conservatives and liberals when it comes to education reform.
Americans today are living in a highly polarized time. Elected officials are at each other’s throats, and it seems like Congress can’t agree on anything. However, it’s politicians who are driving this era of polarization, not the American public. With the primaries underway and the 2020 election on the way, it’s time politicians stop blaming one another and work together for America’s sake.
Coronavirus has already killed more people in seven weeks than ebola has killed in the second-worst outbreak in the Democratic Republic of Congo in nearly two years, according to the World Health Organisation.
A new study purports to show that Medicare for All would actually save taxpayers and consumers money. Academics at three University of California campuses looked at 22 studies on the projected cost of single-payer health insurance in the United States only to find that they would likely save money in the long run.
Watching the frenzy surrounding Judy Shelton's confirmation hearing before the Senate Banking Committee on February 13, one is led to believe that the gold standard is a "nutty" idea, for which no serious economist or monetary policymaker could possibly have a kind word.