The basic tenet of laissez-faire capitalism is that government intervention in the economy should be directed to two related purposes. First, to ensure that in competitive markets the legislature and courts enforce voluntary contracts between competent parties in accordance with their terms.
From a friend who happens to be a particularly shrewd observer: I find it telling that is the past couple of weeks two of the so-called “moderate” Democrats (Bloomberg and Buttigieg) have referred to Donald Trump as an “existential threat” to democracy. Well, consider that. Trump has been in office for 3 years. The country held perfectly free and open elections a year ago, which Trump opponents largely won.
Psychologist and author Gerd Gigerenzer of the Max Planck Institute for Human Development talks about his book Gut Feelings with EconTalk host Russ Roberts. Gigerenzer argues for the power of simple heuristics--rules of thumb--over more complex models when making real-world decisions. He argues that many results in behavioral economics that appear irrational can be understood as sensible ways of coping with complexity.
On November 24, 2019, Hong Kongers went to the polls to elect 452 members who serve on 16 District Councils. Turnout was 71% compared with 47% in 2015. Compared with 2015, Pro-democracy candidates won 388 seats (+262), Pro-Beijing candidates 59 seats (-239), and Unaligned candidates 5 seats (-2). Pro-democracy candidates won a majority in 15 of the 16 District Councils (+15).
Erica Smith, an attorney with the Institute for Justice, joins Paul E. Peterson to discuss Espinoza v. Montana Department of Revenue, a case that takes a deep look at school choice and which could declare the so-called Blaine Amendments unconstitutional in 38 stages.
When Americans talk about drug prices, the conversation is dominated by the eye-popping sticker prices of certain new drugs. We’re all aware of how sky-high prices can make it hard for some patients to afford the drugs they need. Yet few appreciate how patients also lose access to treatments when prices are too low.
Hoover Institution fellow Timothy Garton Ash discusses 1989, and looks at the major events of that year, including the fall of the Berlin Wall, the Tiananmen Square protests, and the breakup of Yugoslavia.
Hoover Institution fellow Bjorn Lomborg talks about encouraging policymakers to spend money on countering climate change more effectively rather than spending on feel-good green projects, policymakers must invest in the ideas that will do the most good for the most people.
Using history as a guide, historian Niall Ferguson, told a conference that there won't be a U.S.-China trade deal this year, that the probability of Sen. Elizabeth Warren (D-MA) becoming the Democratic presidential nominee is not priced into the market, and before New Year's Day, the stock market could experience a sell off similar to the one a year ago.
Americans are searching for answers for the disintegration of the family, falling participation in religious and civic institutions, drug dependency, suicide, and economic dislocation. Sen. Marco Rubio, R-Fla., believes he has found the answer to the social crises of our time in Catholic social teaching.
Friday on Fox News Channel’s “The Story,” Hoover Institution senior fellow Victor Davis Hanson criticized the reasoning behind a Democratic push to impeach President Donald Trump. He referred to the congressional Democrats’ allegations as crimes of “thought.”
As I watched “The Irishman” a few weeks ago in a Manhattan movie theater I felt an ache, a kind of grief sneaking up on me, and toward the end I thought I knew why. I realized: I am watching John Ford’s “Cheyenne Autumn.” I am watching a great artist say goodbye to a world he knew, the world in which he’d risen, a particular kind of America.
Liberals are trying to rewrite American history, teaching our children that the only thing that ever happened here–until they came along a year or two ago!–was slavery. The New York Times’s 1619 Project, which is being enthusiastically adopted by the nation’s public schools, is the culmination of years of left-wing propaganda.
On Sunday, Dec. 1 at 10 p.m. EST on the Fox News Channel, the result of almost two decades investigating the greatest mystery in American history will be distilled into one hour (minus commercials). The program, "Fox Nation Presents: The Real Search for James R. Hoffa," documents my long quest to try to uncover the answers to Hoffa's murder when he disappeared in Detroit on July 30, 1975.
Any honest and objective appraisal of Islam’s historic jihad on the Christian world must be eye-opening, to say the very least. In the first century of its existence (between 632-732) Islam permanently conquered, Arabized, and Islamized nearly three-quarters of the post-Roman Christian world, thereby permanently severing it.
In today’s footloose world of work, talent retention and attraction has attained greater significance. A 1996 Washington Post article by now-famous Malcolm Gladwell, then a lowly staff writer, explored the impact of General Dynamics’ abrupt departure from Rochester in 1971. Gladwell noted that the company relocated only a “few dozen carefully selected specialists and executives,” then told the stories of the smart, motivated people left behind.
Two decades ago, Chief Justice William Rehnquist captured unprecedented attention as he presided over the Senate trial of a president, a role that would fall to Chief Justice John Roberts if the US House were to impeach President Donald Trump and a Senate trial were launched.
The Governor of Ekiti State and the Chairman of the Nigerian Governors Forum, Kayode Fayemi, and the Governor of Sokoto State and the Deputy Chairman of the Nigerian Governors Forum, Aminu Tambuwal, will both speak at an International Conference on "20 Years of Democracy in Nigeria: 1999-2019" at Oxford University, United Kingdom on Friday, December 6, 2019.
The Country Club of Petersburg hosted a private screening of the documentary “The Hello Girls,” Saturday, Nov. 16. Directed by James Theres, “The Hello Girls” is an award-winning documentary that sheds light on the women soldiers of World War I, who expertly operated the telephone switchboards under Gen. John J. Pershing.