With asset prices so frothy, it is understandable that central banks would be wary of beginning to taper monthly bond purchases before it is clear that inflation has taken off. But they would do well to recognize that prolonging quantitative easing implies significant risks, too.
[Registration Required] Since the start of 2021, at least 26 states, including Wisconsin, have moved to restrict the teaching of critical race theory or otherwise limit how teachers can discuss racism and sexism. Yet in many ways, the current debate is a distraction from the real problem: the shocking dearth of U.S. history being taught in many states, districts and schools.
Journalist and author Jonathan Rauch talks about his book The Constitution of Knowledge with EconTalk host Russ Roberts. People come up with ideas all the time. But the vast majority of these ideas aren't worthwhile. Rauch argues that the constitution of knowledge--the norms and institutions for testing the reliability of new ideas and accumulating knowledge--has been dramatically altered by the internet and social media.
At most 8 people per hour. Canada’s border policy for Americans entering Canada, effective August 9, will not scale well. I’m basing this on my experience at the Emerson border crossing in Manitoba on July 25.
The plot was audacious: Agents of the Islamic Republic of Iran would kidnap an American citizen on American soil. Masih Alinejad, an Iranian-born journalist and human rights activist, was to be grabbed, spirited out of Brooklyn to Venezuela, and then on to Tehran where she would have been imprisoned, tortured, and, almost certainly, executed.
