I just spent a wonderful few days at the 2019 Africa Meeting of the Econometric Society held in Rabat, Morocco with the central bank, the Bank Al-Maghrib, providing an excellent venue. Congratulations to the Bank Al Maghrib for its 60th anniversary year and also to the Econometric Society for its upcoming 90th anniversary in 2020.
Political forecasting should go on hiatus – at least, as long as Donald Trump is on the ballot. With this candidate, so many calculations – turnout, what voters tell pollsters versus how they actually vote – don’t make for sound predictions.
Author and journalist Michael Brendan Dougherty talks about his book My Father Left Me Ireland with EconTalk host Russ Roberts. Dougherty talks about the role of cultural and national roots in our lives and the challenges of cultural freedom in America. What makes us feel part of something? Do you feel American or just someone who happens to live within its borders? When are people willing to die for their country or a cause? These are some of the questions Dougherty grapples with in his book and in this conversation.
Richard Vedder, a Distinguished Professor of Economics Emeritus at Ohio University, joins Paul E. Peterson to discuss his new book, "Restoring the Promise: Higher Education in America," and how rising college tuition costs have changed the dialogue around higher education.
By agreeing to restart stalled trade talks at their meeting in Osaka last week, President Trump and his Chinese counterpart Xi Jinping averted a new round of punitive measures in a trade conflict that’s moving into its second year.
Most colleges and universities have a summer reading program. A faculty member or high-ranking administrator typically selects three books (or more) and sends them to every first-year and transfer student. When they arrive on campus for orientation week, they discuss the readings with fellow students, faculty, and sometimes the authors of the books.
What sort of machine is the economy? The common assumption is that it’s a fragile and sensitive device, highly responsive to both good and bad government policies. Under this assumption, pessimists worry that one or two wrong moves from Washington will cause it to seize up and optimists think the right change in tax or regulatory policy can supercharge it.
In his article in the New Republic Warren Breckman described liberalism as a moral condition, a state of behavior and mind. He quotes a 1920s contributor to the same magazine, John Dewey, who argued there were 'two streams' of liberalism — "one was anchored in laissez-faire economics, worshipped the 'gospel of individualism,' and served as a toady of big industry and banking. The other was humanitarian and open to government interventions and social legislation" But the true American liberalism, wrote Dewey, stood for “liberality and generosity, especially of mind and character.”
I don't want to be unkind, but almost every other week, Alexandria Ocasio-Cortez offers up another are you serious? moment. Her defeat of the incumbent, and key Democrat member, Joe Crowley, in the primary a year ago June was the big surprise, and she has not ceased to distinguish herself ever since as a complete absurdity.
When Christine Lagarde arrives at the European Central Bank this autumn to take over from Mario Draghi, among those welcoming her will be some lesser-known members of his inner circle, whose expertise will prove crucial in helping her to settle in.