Brinkmanship is back — and the world is back on the brink of war. In the 1950s, the word came to be associated with John Foster Dulles, secretary of state for President Dwight Eisenhower.. But brinkmanship fell into disrepute in the wake of the Berlin and Cuban Missile Crises under Eisenhower’s successor.
Pundits and professors will be issuing grades soon for Donald Trump’s first hundred days (officially April 29). As federal judge Danny Boggs has said, while policy-makers are in the arena covered with sweat and blood, the academics watch safely from their ivory towers, coming onto the battlefield later to shoot the wounded.
Journalist and author Rana Foroohar of the Financial Times talks with EconTalk host Russ Roberts about her book, Makers and Takers. Foroohar argues that finance has become an increasingly powerful part of the U.S. economy and has handicapped the growth and effectiveness of manufacturing and the rest of the economy.
As education reform advocates know, the Every Student Succeeds Act got rid of the School Improvement Grants program and replaced it with a requirement that states spend 7 percent of their Title I allotment (about $25 million annually for a typical state) on efforts to “serve schools implementing comprehensive support and improvement activities or targeted support and improvement activities.” Behind that jargon is a rare opportunity to help millions of kids.
At a conference at the Political Economy Research Center in Bozeman, Montana 10 days ago, one of the readings we discussed was "The Creative Powers of a Free Civilization," Chapter 2 of Friedrich Hayek's The Constitution of Liberty. I hadn't reread the book in about 45 years and I had forgotten how good it was.
The title of this post is a sentence from Matt Ridley's recent speech at the Association for Private Enterprise Education in Maui, Hawaii. His speech was excellent, by the way. The statement is a good reminder that the most destructive and murderous actions in history were carried out by governments.
Hoover Institution fellow William Perry discusses averting war with North Korea in 1994, during the Clinton administration when Perry was defense secretary, and Perry remains convinced that it was the right thing in averting military action, although North Korea’s nuclear program has continued to expand.
The Foreign Policy Research Institute welcomes three new individuals to its growing network of scholars, policymakers, and community leaders. Bernstein Wealth Management Financial Advisor Maureen F. Austin has been elected to the FPRI Board of Trustees; joining the Board of Advisors is Professor Kiron K. Skinner of Carnegie Mellon University; and Benjamin Katzeff Silbertstein joins as an Associate Scholar.
Earlier this week, Mr. Pirooz Parvarandeh, Founder and President of Iranian Americans' Contributions Project (IACP) gave a presentation for the Hamid and Christina Moghadam Program in Iranian Studies at Stanford University.