An unusual thing happened last week. Mark Zuckerberg, the chief executive of Facebook, gave a speech with which I mostly agreed. Regular readers of this column will know that I have frequently criticized Zuckerberg. My book “The Square and the Tower” contains some harsh words about his company — and particularly its conduct in the fateful election year of 2016.
A retired guy and a carpenter walk in to a bar, and they each order a beer. When they pay, the fashionable progressive economist asks them, "how much tax did you pay today on the money you got to buy that beer?" The carpenter answers, "Well, I just got my paycheck today. So, that's 30% federal income tax, 5% state income tax, 15% social security and other payroll taxes." The retiree says, "I took the money out of my bank account at the ATM on the way over. There isn't a tax on taking money out of banks so I didn't pay any taxes today."
Democrats, NeverTrump Republicans, left-liberal celebrities, journalists, and academics all revile Donald Trump because he is trying and often succeeding to restore a conservative America at a time when his opponents thought that the mere idea was not just impossible but unhinged.
If you are a Republican running for political office, it’s a safe bet that you seek to identify with conservatives’ last great president, Ronald Reagan. Increasingly, the Democrats’ alternative is not so much a person, since he has faded from memory, but a program: Franklin Roosevelt’s New Deal of the 1930s. With their poor understanding of American history, young people fail to realize that what they really want is a new New Deal, and what candidates such as Elizabeth Warren and Bernie Sanders are prepared to offer them is best understood as a further expansion of the original New Deal.
The humiliation that has befallen the United Kingdom over the past three years and four months as the direct result of the refusal of our political class to respect the EU referendum of June 2016 needs to be investigated by an official committee of inquiry.
Perhaps at no time since the decade or so preceding the Civil War have debates about America’s commitment to fundamental rights been as rancorous as today. Yet at no time have fundamental rights in the United States been enjoyed by so wide and diverse a population as they are now. The contrast in contemporary America between the public rancor and the political reality reflects an estrangement from history and an accompanying loss of perspective.
Economist Susan Houseman of the Upjohn Institute for Employment Research talks about the manufacturing sector with EconTalk host Russ Roberts. Houseman argues that the data surrounding both manufacturing output and employment have been misunderstood and misinterpreted. In particular, she argues that conclusions about the growth of manufacturing are driven overwhelmingly by computer production while the rest of manufacturing has been stagnant. She also argues that productivity has a small role in reducing manufacturing employment. Trade has been the main cause of employment reductions. These claims go against the standard narratives most economists have been telling for the last 20 years.
Marc A. Thiessen writes: With three polls showing her in the lead, Sen. Elizabeth Warren (D-Mass.) may soon eclipse former vice president Joe Biden as the front-runner for the Democratic presidential nomination. That’s great news for Republicans, because Warren has a problem: The central message of her campaign is that the economy is working for the very wealthy but it is not working for ordinary Americans. Unfortunately for her, ordinary Americans disagree.
Dekornfeld: But nothing would prepare him [James Massey] for what he would find in Von Ormy because all those classes were about building city government. And in Von Ormy, the sole goal seemed to be the opposite.
Hoover Institution fellow Markos Kounalakis discusses U.K. lawmakers voting to withhold approval of a full British withdrawal from the European Union, as well as whether this is a big setback for Prime Minister Boris Johnson.
"There is so much more we can do for our economies. My advice to the trade negotiators is -- get a deal soon," Rice said during a conversation with USISPF (US-India Strategic Partnership Forum) board member Purna Saggurti at the second Annual India Leadership Summit.
Now is the time to remember “the core principles we used to know and live by and that we now seem to have forgotten,” according to retired Marine Gen. James Mattis. The former secretary of defense said America is not a finished work or a failed project but an ongoing experiment for which all bear a responsibility, including the responsibility to repair.
Nearly 30 years after the fall of the Berlin Wall on November 9, 1989, historian Timothy Garton Ash spoke at the Freeman Spogli Institute for International Studies about the long-term consequences of the revolutions and transitions that followed the end of Communist rule in countries such as Poland, Hungary and the Czech Republic.
Look no further than the recent flare up between the NBA and China for a snapshot of Chinese politics today. After Houston Rockets general manager Daryl Morey tweeted an image with the message “fight for freedom, stand with Hong Kong,” Chinese companies enacted a media boycott of the NBA and pulled sponsorships in a market worth $4 billion a year for the league. U.S. politicians blasted the moves – and the NBA’s initial hesitant response.
Jimmy Hoffa is back! No, the legendary labor leader has not risen from the end zone at the old Giants Stadium in East Rutherford, N.J.—or from any of the other sites where his body was rumored to have been deposited after he disappeared on July 30, 1975. But we are witnessing a boomlet of interest in the head of the International Brotherhood of Teamsters in the 1950s and ’60s.
President Trump held a tremendous rally Thursday night in Dallas, Texas. Not surprisingly, there was no violence after the rally ended. I suspect the leftists of Antifa had second thoughts about showing their masked faces in Texas! Trump hit the left hard. He warned that the Democrats want to appoint far-left judges to “shred the Constitution.” He’s absolutely right.
The world’s most powerful policymakers are struggling to alleviate the pain of a slowing global economy with few levers left to pull and growing concern that one of them, negative interest rates, already is creating problems of its own.
For over a year, students on campus were working to get a Young Americans for Freedom chapter approved. The Young Americans for Freedom is a nationwide political organization of college students that is based on conservative values. Back in February, the university rejected the proposed YAF chapter for its lack of a faculty adviser and its requirement that members agree to the “superiority” of the U.S. constitution. Some students have alleged that liberal bias directly impacted the group’s efforts to become a recognized student organization, which it now is.
Previous Reserve Bank of India Governor Raghuram Rajan has communicated worry over India's monetary shortfall figures, expressing that it is the feasible purpose for the log jam in Indian economy. He likewise condemned the administration over its populist basic leadership which neglected to concentrate on financial development.
Four in 10 Americans now consider some kind of socialism “a good thing for the country as a whole” — an 18 percent increase since 1942, according to Gallup. But, in an excerpt from his new book, “The Case Against Socialism,” out now, Sen. Rand Paul explains why this embrace of economic equality would make life worse for us all.
Tens of thousands of truck drivers were scheming earlier this year to strike. Such a work stoppage could have tremendous implications – some 71% of freight is moved by long-haul trucks, including groceries, manufactured goods, and even money. “We’re not all fat slobs, and we don’t all do the stereotypical trucker things,” Will Kling, a truck driver based in Reno, Nevada, told Business Insider last year. “Trucking has been forgotten.”
California—a one-party state dominated by progressives—has become the model for where progressivism will go when completely unchecked. Now, even the basic concept of citizenship is under full-blown assault as the state has moved on from being a “sanctuary state” for illegal immigrants to outright insisting that non-citizens have the same access to the levers of power as citizens.
Why is it that so many low-income, yet high-achieving students do not attend competitive colleges and universities after they graduate high school? Chris Avery of Harvard University and Caroline M. Hoxby of Stanford have conducted extensive research on this phenomenon. Known as “undermatching” the nation’s best and brightest from low-income backgrounds tend to shy away from private and selective colleges.
I remain adamant in my contention that the present Democratic impeachment effort represents a tremendous overreach — and I feel buttressed in making that contention by House Speaker Nancy Pelosi’s announcement this week that she will not hold a House-wide vote soon to formally kick off impeachment proceedings — but national polling does appear now to be solidly (if still relatively narrowly) in favor of impeachment.