After Greece temporarily hosted a pair of U.S. military drones, Greek Defense Minister Panagiotis Kammenos said last fall that, “It’s very important for Greece that the United States deploy military assets in Greece on a more permanent base.”
Late in the evening on June 5, 1944, U.K. Prime Minister Winston Churchill ominously told his wife before they went to sleep, “Do you realize that by the time you wake up in the morning twenty thousand men may have been killed?”
As I observe health care rise to the top of the policy debates foreshadowing the 2020 election—seems to be second only to Donald Trump among the twenty-three Democrats now seeking the Oval Office—as K–12 education sinks lower on the policy horizon (such that several observers declare ed-reform a thing of the past), I’m struck by how much these two vast and troubled domains have in common, as do efforts to change them.
Cultivating the often rocky relationship between Silicon Valley and the US Department of Defense was the topic of a recent Hoover Institution symposium. The May 22-23 “Tech Track II Symposium: Restoring Essential Bonds Between the Department of Defense and the Silicon Valley” brought together dozens of Hoover scholars, entrepreneurs and defense experts to discuss issues inherent to their relationships. It was a unique moment for both communities, and optimism and positive talk abounded while real challenges were candidly acknowledged.
For some American cities, imitation is the sincerest form of flattery—New York City, for example, wanting to to be in the same sentence as Paris and London as cultured, cosmopolitan hubs for world travel and commerce.
Seventy-five years ago, American, British, Canadian, and French soldiers stormed ashore on the beaches of Normandy to begin the final campaign in the liberation of Europe from Nazi tyranny. It was an operation four years in the making, ever since the withdrawal of British and French troops from Dunkirk after the disastrous battle for France left the Wehrmacht in control of Northwest Europe. The campaigns waged by the Grand Alliance—the Battle of the Atlantic, the strategic bombing offensive, the invasions of North Africa and Italy— were preludes to this decisive moment in World War II. Millions of soldiers and tens of thousands of pieces of military equipment were staged in Britain in anticipation of this venture.
As conservatives working in education, we find ourselves drawn to Chief Justice Roberts’s observation that “it is a sordid business, this divvying us up by race.” And along with Dr. King, we want to believe in a world where everyone is judged by the content of their character, not the color of the skin. As such, we tend to think that teachers should be hired based on the quality of their instruction and their fit with a school’s mission—not their race or ethnicity. So we’ve been skeptical, even uncomfortable, about efforts to “match” students and teachers based on their race.
Sarah Tantillo is an accomplished teacher, author, and battle-scarred veteran of the charter-school wars, particularly in New Jersey, where she taught for years at acclaimed North Star Academy and led the state charter school association. Now she has published a first-rate account of and tribute to “how the charter school idea became a national movement.” Titled Hit the Drum, it’s worth the while of everyone who wants a deeper understanding of how charters were born and grew—and prefers to read a brisk, readable, engaging account.
Anna Caballero, a Democratic state senator from a district near me in California, had a proposal that I actually agreed with. She wanted the term “renewable energy” in California law to refer to–hold on to your hat–renewable energy.
Hoover Institution fellow Elizabeth Cobbs discusses her historical novel, The Tubman Command, and talks about how the woman known as “Moses” devised one of the largest plantation raids of the Civil War.
Economist Michael D. Bordo argues in a new Hoover Institution Press book for the importance of monetary stability and monetary rules, offering theoretical, empirical, and historical perspectives to support his case.
Taylor’s Rule is an interest rate forecasting model invented by John Taylor in the early 90s. And according to Investopedia “it’s a proposed guideline for how central banks should alter interest rates in response to changes in economic conditions.” In South Africa, the Reserve Bank’s mandate is very topical at present, which in turn sets up a discussion around interest rates. SARB’s current mandate is tailored around a targeted inflation band of 3-6%, with the repo rate currently at 6.75%.
Harry Truman famously remarked that he wished he could find a one-armed economist since all the ones he had to deal with were constantly weasel-wording their advice with “on the one hand” and “on the other hand.” As one who routinely had to read and try to squeeze meaning out of the verbiage of White House economic advisors as a speechwriter for presidents Nixon, Ford and Reagan, I know exactly how Truman felt.
Scholars from Stanford University put forward a comprehensive strategy for what needs to be done to protect the integrity and independence of U.S. elections, with a keen focus on the upcoming presidential campaign in 2020.
When Alexandria Ocasio-Cortez and her allies proposed a new stimulus package to take on climate change and income inequality, they called it the Green New Deal. Their reasoning for the economic program’s name is obvious. It pays homage to the New Deal, a bundle of transformative economic reforms captained by President Franklin D. Roosevelt during the Great Depression. Like the original New Deal, the Green New Deal includes massive government intervention in the American economy through more spending, regulation, and taxes.
Over the course of 2018, the Trump administration imposed tariffs on approximately $283 billion of US imports, with rates ranging between 10 percent and 50 percent. In response, US trading partners, especially China, retaliated with tariffs averaging 16 percent on approximately $121 billion of US exports.
In a May 11 speech at the Claremont Institute in Beverly Hills, entitled “A Foreign Policy from the Founding,” U.S. Secretary of State Mike Pompeo quoted John Quincy Adams to explain how Donald Trump’s foreign policy is grounded in a “realism” that eluded his predecessors, particularly George W. Bush and Barack Obama. Adams, then Secretary of State, wrote in 1821 that America “goes not abroad in search of monsters to destroy. She is the well-wisher to the freedom and independence of all.”
JPMorgan Chase is notifying more than 40 million credit card holders that from now on they’ll have to arbitrate any disputes, forgoing the option of filing a lawsuit or joining class-action suits. Although an opt-out is possible (but difficult), this places Chase alongside many other businesses insisting arbitration is a better alternative for consumers than litigation.
Former U.S. Ambassador to Russia Michael McFaul provided new clues recently about a controversial open-mic comment in 2012 by President Obama, widely viewed as secret collusion to limit U.S. missile defenses.
Join Richard Cheu on a journey of discovery as he presents the program “Debunking Myths About the Chinese Railroad Workers” on Wednesday, June 12 at 3 p.m. in the Leominster Public Library’s Community Room.