At a time of lackluster economic growth, countries around the world are attempting to devise and implement strategies to spur and sustain recovery. The key word is strategy: to succeed, policymakers must ensure that measures to open the economy, boost public investment, enhance macroeconomic stability and increase reliance on markets and incentives for resource allocation are implemented in reasonably complete packages.
I know that it’s shooting whales in a barrel to point out Michael Moore’s — once a guest in the Carter presidential box at the 2004 Democratic Convention — continued displays of ignorance.
The scarcity of significant terrorist attacks in recent years has led Americans to assume that the days of mass casualty attacks are in the past. But history teaches us to beware of the assumption that recent trends foretell the future. Americans are paying insufficient attention to unexpected events in which terrorists inflict serious harm on the United States.
The Washington Post and Newsweek report that the CIA in 2008 worked with Israel’s Mossad to kill Imad Mughniyah, Hezbollah’s operations chief, in Damascus, Syria.
2015 will carry special significance throughout much of the country — including Wyoming— as schools complete the transition to the Common Core standards.
Noah Smith writes: "And while our use of natural gas and coal doesn't feed the coffers of unsavory regimes like Russia and Saudi Arabia the way our use of oil does, it's still the case that these energy sources are limited. They run out."
After six years, it is no surprise that the Obama administration does not see the Taliban as “terrorists” or that it will not associate “violent extremism” with radical Islam or just Islam.
In short, real-world examples of "cooperation" are often not as selfless as, say, volunteering to donate blood or anonymously sending cash to a charity. Instead, real-world cooperation is often enforced by a group of peers, using a combination of economic, legal and social incentives to reward those who act with the group and to impose costs on those outside the group.
Senior Fellow Victor Davis Hanson discusses president Obama's vision to reorder the world abroad, the U.S's relationship with Israel, and Mitt Romney's decision not to run for president on Garrison.
Luigi Zingales of the University of Chicago talks with EconTalk host Russ Roberts on whether the financial sector is good for society and about the gap between how banks and bankers are perceived by the public vs. finance professors. Zingales discusses the costs and benefits of financial innovation, compares the finance sector to the health sector, and suggests how business education should talk about finance to create better behavior.
New Jersey Gov. Chris Christie arrives here Sunday for a three-day tour of the United Kingdom designed to burnish his foreign policy credentials and cultivate relations with a critical American ally ahead of a likely presidential campaign.
New Jersey Gov. Chris Christie is here in the United Kingdom, where he said he looks forward to getting reacquainted with Prime Minister David Cameron on Monday. Louisiana Gov. Bobby Jindal recently returned from a European tour during which he assailed Hillary Rodham Clinton for her “mindless naivete.”
In a debate with Texas Gov. Greg Abbott (R), radio host and former Secretary of Education Bill Bennett showed he has not gained much understanding of the Common Core standards since September, when he admitted he is paid by a lobbying firm to spin the controversial standards to conservatives.