Yvonne Fair’s “It Should’ve Been Me” is one of the great 1970s soul hits. I wonder if Joe Biden ever finds himself humming it when he looks back on the events of 2016. More than a year before the presidential election, I argued that Biden stood the best chance of beating Donald Trump when it came to winning the votes of “white, male, aging Americans.” It was not to be. Barack Obama, who had picked Biden as his running mate in 2008, took the fateful decision to back Hillary Clinton.
One of the strangest things about the series of psychodramas that surround the ongoing effort to remove President Trump before the 2020 election is progressive schizophrenia. In teenage fashion, one moment a player in the Trump removal intrigue is deemed by the media-progressive nexus a demigod. The next moment, he’s a devil. It depends solely on his perceived sense of utility.
The 40th anniversary of the normalization of Sino-U.S. relations, which took place on the first day of this year, passed almost unnoticed. Instead of a joint commemoration or high-profile speeches, Washington and Beijing instead traded thinly disguised threats: President Trump signed legislation designed to counter China’s growing power in the Indo-Pacific, while Chinese leader Xi Jinping again urged his military to be prepared to wage war.
While the world waits to see if the US and China can call a truce in their tariff war, President Donald Trump is quietly making potentially major trade moves with the UK and Japan. Halfway through his term, Mr Trump may finally begin to make good on his oft-repeated goal of concluding bilateral fair trade pacts.
One wise thing about Joe Biden waiting until late in the week to announce his presidential plans: he gets to dominate the political discourse over the weekend, as he has the past couple of days since he dropped his video.
This week, Social Security’s trustees issued a dire warning. In their 2019 annual report, they announced that future costs for the program will be 20 percent higher than projected revenue. As soon as next year, Social Security’s yearly expenses are expected to exceed its income — forcing the program to begin drawing down its trust funds.
Economist and author Emily Oster of Brown University talks about her book Cribsheet with EconTalk host Russ Roberts. Oster explores what the data and evidence can tell us about parenting in areas such as breastfeeding, sleep habits, discipline, vaccination, and food allergies. Oster often finds that commonly held views on some of these topics are not well supported by the evidence while on others, the evidence appears decisive.
While Democrats and Republicans argue over what to make of the Mueller Report, one thing is abundantly clear from its hundreds of pages: Russian efforts to interfere in the 2016 presidential election should not have come as a surprise to anyone—let alone President Obama and others in his administration who were asleep at the switch when it happened.
California Influencers this week answered the question: Should California make it its mission to ensure that every resident has health care coverage? What’s the best way to achieve that goal? Below are the Influencers’ answers in their entirety.
I’m going with a friend to see Jordan Peterson speak in San Francisco on Thursday. This morning when I was surfing YouTube, I found a 4-minute segment in which he had an interaction with an audience member in Australia.
Hoover Institution fellows Richard Epstein and John Yoo discuss whether the Mueller Report is a vindication of President Trump or the predicate for impeachment; whether the White House can resist congressional subpoenas; whether the congressional Democrats (or a wily coalition of state governments) can force the president to release his tax returns; whether the Supreme Court will break new ground on gay and trans discrimination; and whether chalking tires is unconstitutional.
In 1999, Carl Shapiro and Hal Varian published Information Rules: A Strategic Guide to the Network Economy. In their book, they acknowledged that the global economy was changing dramatically and posited that relatively minor forces in the industrial economy would play a critical role in the network economy. These changes invited their careful reassessment of existing legal, policy, and regulatory institutions, anchored by serious formal theoretical economic reasoning and empirical analysis.
Much like the battles fought in the sky during World War II, the battles fought on the sea were crucial to ultimately boosting the fights on the ground. In his free online course “The Second World Wars” for Hillsdale College, professor and scholar Victor Davis Hanson discusses how the Allied powers built a strong naval fleet, and where the Axis powers lapsed in their strategy at sea.
Pessimism about the Korean economy has become dominant, with all indicators pointing to a downturn. Many economists are raising concerns that the country is slipping into a low growth trap with its twin engines of growth ― exports and domestic demand ― losing steam simultaneously.
The enduring importance of geography in American politics. Many argue that partisan gerrymandering causes cities to lose to rural areas in countywide, winner-take-all elections. That is too simple an explanation, writes Rodden (Political Science/Stanford Univ.; Hamilton’s Paradox: The Promise and Peril of Fiscal Federalism, 2005). Much more important is the geographical location of a political party’s base.
If the West falls into a Leftist Dark Age, it will not because many people didn’t fight tooth and nail to stop it occurring. I have linked to Heather Mac Donald before and I make no apology for doing so again. She is interviewed here by the brilliant Peter Robinson at the Hoover Institution.
Among Democratic presidential candidates, student loan debt offers sweet opportunities to pander. Sen. Elizabeth Warren of Massachusetts has the boldest plan, promising to help 95 percent of those with such obligations. Sen. Kamala Harris of California favors a “commitment to debt-free college.” Sen. Bernie Sanders of Vermont says action is needed because “we don’t punish people for the crime of getting a higher education.”
The end is coming for Libor and financial markets need to get ready. That’s the view of Morgan Stanley’s Tom Wipf. He heads the Federal Reserve’s Alternative Reference Rates Committee, which on Thursday released recommendations for language to enable contracts linked to the beleaguered London interbank offered rate to work even if the benchmark disappears. Darrell Duffie, a finance professor at Stanford University, has also underscored the risks involved with shifting away from a set of benchmarks that underpin some $200 trillion in dollar-denominated instruments.
“The problem with the Mueller investigation, and with former intelligence officials such as Brennan, Clapper, Comey and McCabe, is pious hypocrisy. Those who have lectured America on Trump’s unproven crimes have written books and appeared on TV to publicize their own superior virtue. Yet they themselves have engaged in all sorts of unethical and illegal behavior.” —Victor Davis Hanson
There’s something not quite right with society today — the way we interact with each other, the way we come together or don’t come together as a community. Pretty much everyone seems to feel this way – that there’s been a surge in anti-social behaviour — regardless of where they sit on the political spectrum or even if they don’t sit on it at all.
Is Brexit a wash? The question is not as absurd as it once might have been, not since the European Union heads of state agreed on April 10 to once more extend the date for the UK leaving the EU. The chaos in London, which has caused so much headshaking and frustration on the Continent in recent weeks, has an upside: the nonsense of Brexit and the full extent of its consequences has once again been laid bare before the eyes of Britons. Now ever more British citizens are asking: What in the world are we doing?
A new Los Angeles program helps find missing seniors suffering from dementia or autism, with the use of electronic monitoring bracelets. More than 250 residents in L.A. County have been given the devices since October, which AP says have saved at least four missing people.
The Washington Metropolitan Area Transit Authority did the right thing when it extended the deadline for proposals from manufacturers for its next series of rail cars. WMATA’s decision is good news, provided that it addresses cybersecurity concerns related to the purchase of new rail cars.
What Matters to Me and Why is a presentation and discussion series featuring Stanford Faculty and Administrators addressing life questions. The purpose of What Matters to Me and Why is to encourage reflection within the Stanford community on matters of personal values, beliefs, and motivations in order to better understand the lives and inspirations of those who shape the University. The presenter is encouraged to share how s/he has chosen to live her/his life, the core values s/he has adopted, and the personal choices s/he has made.
Around Hong Kong, the noose is tightening. This was probably inevitable. In 1997, when Britain handed Hong Kong over to the Chinese government — i.e., the Chinese Communist Party — Beijing promised “one country, two systems.” In other words, Hong Kong could remain free while the rest of China was Communist.