Tax policy and redistribution do not solve the underlying structural problem of income inequality. Redistribution and tax policy are only temporary fixes. For a permanent solution, we need to focus on reducing the skills gap by increasing the skills of individuals at the bottom of the income distribution.
When President Trump appointed the unqualified Matthew Whitaker as acting attorney general on Nov. 7, 2018, many prominent people believed that the country faced yet another “constitutional crisis” point.
The long-awaited report of Maryland’s Commission on Innovation and Excellence in Education—aka Kirwan Commission—was released last week. I had the honor (and sometimes pleasure) to serve on this body for the past two years as it strove with fair success to develop and recommend a coherent package of bold changes intended to transform K–12 schools in the Old Line State.
In a provocative article in Foreign Affairs titled “Who’s Afraid of Budget Deficits?” Jason Furman and Lawrence H. Summers argue that we should not worry much about the federal government’s large and growing budget deficits. While they admit that politicians and policymakers “shouldn’t ignore fiscal constraints entirely,” they say that they “should focus on urgent social problems, not deficits.”
What’s interesting, beyond their assertion that consumers won’t notice the slightly higher prices, is that both Hamilton and Ross use this an an argument for tariffs. We economists who apply Public Choice to understand government policy often point out that one reason tariffs are so popular is that they benefit a concentrated group (domestic producers) at the expense of a dispersed group (consumers.)
Hoover Institution fellows Checker Finn and Michael Petrilli discuss Finn's experience on Maryland’s Commission on Innovation and Excellence in Education, and its bold proposals for improving the state’s schools.
Hoover Institution fellow John Yoo says Jussie Smollett is in a lot of trouble for both state and federals crimes, but Smollett cannot be made to pay back all of the money for the resources used to investigate his alleged false claims.
From Thomas Sowell writing 25 years ago in a March 1994 Forbes article the “Multicultural Charade,” where Sowell argues that much could be gained from an honest study of “multicultural diversity,” instead of the “ideological conformity wrapped in demographic diversity” that we usually get.
By the numbers: Sen. Bernie Sanders, 77 (five years older than President Trump, a spry 72), jumped into the race yesterday. And Sen. Elizabeth Warren, 69, was one of this cycle's first to announce. For some in the party, former Vice President Joe Biden, 76, is the savior.
This study examines information about the display of early Soviet visual anti-religious propaganda in the past in order to conceptualize its re-presentation in the digital future. Based on research conducted during a Research Fellowship at Hoover Institution Library and Archive (January, 2018) and other American and Russian collections, it considers printed visual images of the 1920s–1930s, including posters and antireligious periodicals.