Scroll through America Off Balance, the Hoover Institution’s new web platform that guides users through the tough choices that must be made to avert looming fiscal disaster and fix the federal budget. The platform hosts three major digital products: an interactive tour of the federal budget (The Balancing Act), a comprehensive state-of-the-art Budget Calculator to identify and test new reform proposals, and Budget Matters, which offers analysis and commentary on policy options.
The news obsesses over the recent government shutdown, the latest Robert Mueller arrest and, of course, fake news—from the BuzzFeed Michael Cohen non-story to the smears of the Covington Catholic High School students.
I’ve lived in Maryland for more than four decades now and in recent years have been honored to serve on the state board of education and the statewide Commission on Innovation and Excellence in Education (a.k.a. Kirwan Commission). Certainly there are bright spots in this state’s K–12 system—some great schools, many fine teachers, forward-looking leaders, and more.
The idea of rapid assimilation, integration, intermarriage, and Americanization was once melting-pot clear. Immigrants arrived in the U.S. eager to find something better (whether economically, politically, culturally, or socially) than what they left behind.
The Great Recession of 2007-09 raised several issues about the relationship of housing markets to economic activity. One issue concerns the impact of housing prices on the development of new and young firms. Another involves how housing market ups and downs affect local economies.
Proponents of immigration, legal and/or illegal, contend that America needs more immigrants from all walks of life. We need more hi-tech immigrants to lead the world in innovation. We need more lo-tech immigrants to do the jobs Americans won’t do. We need more mid-tech immigrants to fill the service sector jobs that are vacant. America is suffering from a labor shortage. The number of posted vacancies exceeds the number of job-lookers.
Recently two events occurred that illustrate the Republican bad habit of ceding to progressives a whole set of questionable assumptions. Whether out of sincere but misguided belief or fear of political cost, this anxious and cringing validation of progressive ideas and the double-standards that follow empowers the Democrats and weakens the GOP.
Contrary to the prevailing perception that the conflict in Yemen has been forgotten by the international community, the war has garnered a fair amount of attention. However, what is being overlooked is what is at stake in Yemen, how the conflict started, and why it has continued. Instead of focusing exclusively on the Saudi-led coalition’s involvement in the conflict, those seeking to understand the war and the ensuing humanitarian crisis should examine Yemen’s turbulent history, fragile state, the Houthi rebels’ record of militancy, and Iran’s designs to create yet another proxy force in an Arab country.
Hoover Institution fellow Raghuram Rajan discusses a wide range of issues, including the need for the next wave of economic reforms, the reality of India’s ease of doing business, and consolidation in the banking sector.
U.S. Circuit Judge J. Harvie Wilkinson III noted in a 2017 journal article that regulation sometimes contains “too much detail,” changes too “frequently and capriciously,” creates backlogs and delay of work and decisions, or even results in “imperiousness” and “jerk[ing] people around.”
Public pension funds in the United States invest in infrastructure. Unfortunately, they aren't very good at it. A recent working paper of the NBER concludes, indeed, that public pensions are so bad at such investments that they-and thus either the public or its retirees or both-are unwittingly subsidizing infrastructure projects.
"It would be hard to think of a more ridiculous way to make decisions than to transfer those decisions to third parties who pay no price for being wrong. Yet that is what at least half of the bright ideas of the political left amount to.” – Thomas Sowell
Like an oasis shimmering before parched travelers in a sun-baked desert, “Medicare for all” holds a powerful allure for Democrats. It’s a clear concept based on a beloved program, offering to achieve the long-standing goal of universal health insurance. It will be hard for any Democrat running for president to reject the idea.
Philip Lane looks set to secure the job of replacing Peter Praet as the European Central Bank’s chief economist, becoming the first Irish member of the bank’s top-ranking executive board in the process.