“The CRT debate is just the latest squall in a tempest brewing and building for five years or so,” wrote Andrew Sullivan earlier this month in “What Happened to You: The radicalization of the American elite against liberalism.” Sullivan is correct that the left has turned sharply against freedom in recent years. And he vivisects the illiberal ideology about race and justice espoused by many schools, private corporations, and government agencies.
Economic crises of all sorts loom on the horizon, ranging from high and rising federal debt, to high and rising inflation, to unsustainably high and rising housing costs. But the most important crisis we currently face is one you never hear about: historically low labor productivity growth.
There is clearly no political appetite in Washington for costly foreign initiatives, especially not in the Middle East. Yet there are important steps it can take to move Lebanon toward stability without outsized costs.
Joe Biden hands Angela Merkel a nice farewell present by caving on Nord Stream 2. The Berlin-Moscow deal is not just about gas and cash. It affirms a tacit strategic relationship that dents the containment of Russian ambitions.
Economist and Nobel Laureate James Heckman of the University of Chicago talks about inequality and economic mobility with EconTalk host Russ Roberts. Drawing on research on inequality in Denmark with Rasmus Landersø, Heckman argues that despite the efforts of the Danish welfare state to provide equal access to education, there is little difference in economic mobility between the United States and Denmark.
The 44th Justice of the Arizona Supreme Court, Clint Bolick, joins Paul E. Peterson to discuss Justice Bolick’s book new book, "Unshackled: Freeing America’s K–12 Education System," co-written with Kate J. Hardiman.
California, for so long a beacon of prosperity and fortune, is flagging in its ability to deliver on the promises that have attracted multitudes since the early 20th century. After decades of expansive growth, changes in priorities and governance have led to conditions that have become untenable for businesses and individuals, leading many to leave the Golden State, and causing others to reconsider their residency.
Inflation is a tax on all of us. American economist Thomas Sowell said of inflation, “It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.”
China is beating the U.S. when it comes to innovation in online money, posing challenges to the U.S. dollar’s status as the de facto monetary reserve. Nearly 80 countries — including China and the U.S. — are in the process of developing a CBDC, or Central Bank Digital Currency.
One of history’s lessons is that big government undermines the character of the people. They get used to handouts from politicians and clamor for more.
Two members of the Senate Finance Committee have introduced a bipartisan bill that instructs the Department of Homeland Security to study the “potential consequences and benefits” of allowing private companies to hack back following cyberattacks.
When the International Energy Agency released its Roadmap to Net Zero report, OPEC slammed it as “destabilizing.” Russia said the IEA’s plan could push oil to $200 per barrel. Even the IEA itself said the targets in the roadmap were going to be challenging. And yet, the people who will foot the bill for the energy transition are being told nothing about challenges.
After 16 months of enduring remote work as a viable pandemic-era solution, many CEOs have a message for their staff: Enough. At healthcare products maker Abbott Laboratories , executives told corporate employees to return to the company’s headquarters near Chicago this month.
Fintech is exploding by any metric: funding, customer counts, revenues, corporate acquisitions… The number of people working in fintech has also grown prodigiously over the last few years. As people migrate from other sectors into fintech for the first time, I frequently get asked the same question: what can I read to learn about the space?
