A lot of things are thought to be wrong with America these days. A rising suicide rate. Opioid addiction and deaths. Unaffordable housing in America’s most prosperous cities. Rising inequality. Pockets of poverty in the Rust Belt and elsewhere. Steadily declining jobs in the manufacturing sector. A falling marriage rate. Stagnant wages. Health care costs spiraling higher as life expectancy falls. Very high levels of government debt. Very high levels of student debt. A stubbornly high trade deficit.
We’re in for a crazy few days of news: Super Bowl Sunday; Monday’s return to the Senate impeachment trial; Tuesday’s State of the Union Address by President Trump; Wednesday’s Senate vote likely acquitting Trump on the two impeachment counts.
Today, the president of the University of California, Janet Napolitano, decided to remove the name of John Boalt from the law school building at the University of California at Berkeley. Boalt undeniably made racist remarks opposing Chinese immigration to California in the late 19th century which added to the forces that results in the passage of the infamous Chinese Exclusion Act.
As we near Monday’s vote in Iowa, here’s a WalletHub study of how the Hawkeye State matches up with the rest of America on a battery of sociodemographic, economic, educational and religious metrics (long story short: strong parallels in terms of education and poverty rate, but not so much on race).
Economist, author, and Nobel Laureate Robert Shiller of Yale University discusses his book Narrative Economics with EconTalk host Russ Roberts. Shiller proposes a novel idea--that the narratives that people believe and use to understand the world affect their economic behavior and in turn affect the macroeconomy.
An assistant professor at the University of Oklahoma, Daniel Hamlin, joins Paul E. Peterson to discuss research on whether homeschooled children have fewer opportunities to acquire cultural capital than their public school peers.
Hoover Institution fellow Markos Kounalakis discusses the UK leaving the European Union (EU) three years and seven months after voting to leave the EU. Kounalakis notes that now comes the hard work of actually leaving the EU.
Hydraulic fracturing has its risk, but as we show in this video, scientific research suggests they are rare. Meanwhile, the process yields substantial economic gains. The nation is experiencing a natural gas and oil boom due in no small part to hydraulic fracturing, and for many states, this boom has been the driver behind strong economic growth.
The financiers who had taken over Payless ShoeSource didn’t have much experience selling low-priced footwear, but they had big ideas about how things ought to be done. One was capitalizing on enthusiasm for the 2018 World Cup in the Latin American countries where the company had hundreds of stores.
On her campaign website, Senator Elizabeth Warren discusses reasons why she supports an annual wealth tax. She says, “Consider two people: an heir with $500 million in yachts, jewelry, and fine art, and a teacher with no savings in the bank.”