America is going through an identity crisis. Many no longer look back at our history with a reverent eye, but with a critical one, questioning our history, principles, and values. Others feel a sense of constant confusion. Coming from Somalia, a country steeped in its own disorder and unrest, I am alarmed to see this happening in the United States.
A lot of people reject capitalism because they see the market process at the heart of capitalism—the decentralized, bottom-up interactions between buyers and sellers that determine prices and quantities—as fundamentally immoral. After all, say the critics, capitalism unleashes the worst of our possible motivations, and it gets things done by appealing to greed and self-interest rather than to something nobler: caring for others, say. Or love.
At the heart of the National Assessment of Educational Progress (NAEP) are lengthy yet little known documents called “frameworks” that, for every subject NAEP touches, set forth what is to be assessed and how that’s to be done.
by David Altig, Scott R. Baker, Jose Maria Barrero, Nick Bloom, Phil Bunn, Scarlet Chen, Steven J. Davis, Julia Leather, Brent Meyer, Emil Mihaylov, Paul Mizen, Nick Parker, Thomas Renault, Pawel Smietanka, Greg Thwaitesvia Bank Underground
Thursday, July 23, 2020
The unprecedented scale and nature of the COVID-19 crisis has generated an extraordinary surge in economic uncertainty. In a recent paper we review what has happened to different indicators of uncertainty in the US and UK before and during the COVID-19 pandemic. Three results emerge. All of the indicators that we consider show huge jumps in uncertainty in reaction to the pandemic and its economic fallout.
I followed a recent email discussion about Judge Richard Posner’s 2009 article in the New Republic in which he tried to revive John Maynard Keynes’s contributions to macroeconomic understanding.
Hoover Institution fellows Condoleezza Rice and Eric Hanushek discuss meeting the challenges posed by the Covid-19 pandemic to the future of our worldwide education infrastructure.
Hoover Institution fellow Russ Roberts talks about the intersection of faith and economics, and how Roberts’ own Jewish faith has influenced his life and work.
Former chief of neuroradiology at Stanford University Medical Center, Dr. Scott Atlas told Fox News there are “zero excuses” to keep children from returning to schools in the fall.
Former RBI Governor Raghuram Rajan on Thursday said the central bank has been expanding its balance sheet and buying government debt on the back of excess liquidity amid the economic slowdown but cautioned that this comes at a cost and cannot be a lasting solution.
Anti-police brutality protesters in the United States should take a page from Istanbul’s opposition Mayor Ekrem İmamoğlu when handling rhetoric and policies designed by their nations’ leaders to divide citizens and hold on to voter support, columnist Thomas L. Friedman wrote in the New York Times on Tuesday.
The U.S. has ordered China to shut its consulate in Houston within three days, a move that Washington said defends America but which Beijing denounced as an "unprecedented escalation" of tensions.
China’s new National Security Law, as well as its increasing reliance on law as a mode of repression, reflect important shifts in Chinese governance. Even if the National Security Law was perfectly legal in its passage, China’s use of extraterritorial jurisdiction may represent a tactical error that could have unintended consequences.
