Although the latest glum international-education data weren’t even released until this week, last week brought a pair of provocative and contrasting speeches about the state of American education in 2013, both of which repay close attention.
Regardless of how the government shutdown and debt-ceiling fight plays out, our political leaders will eventually have to negotiate meaningful spending cuts and entitlement reforms. Otherwise, the country will lurch from one stalemate-and-crisis to another.
[...] is it really the role of government to equalize Americans' personal income? [...] where and why has income inequality grown? [...] we have to look more deeply at the data itself. [...] as Stanford University and Hoover Institution economist John Taylor points out, the slow economic recovery, caused in large part by flawed government policy, has been a significant contributor to lower incomes at all levels.
Former Council of Economic Advisers Chair and Hoover Institute Senior Fellow Ed Lazear explains the consequences of the budget impasse on the markets and economy. Plus, his take on a Janet Yellen-led Federal Reserve.
Cliff Winston of the Brookings Institution talks with EconTalk host Russ Roberts about his recent article in the Journal of Economic Literature on the U.S. transportation system. Winston argues that the while the United States has a very good...