An ambitious, important new piece of analysis by scholars Eric Hanushek (an economist) and Paul Peterson (a political scientist), plus Laura Talpey and Ludger Woessmann, concludes that “gaps in achievement between the haves and have-nots are mostly unchanged over the past half century” and that “steady gains in student achievement at the eighth grade level have not translated into gains at the end of high school.”
In 2016, Donald Trump overwhelmed 16 qualified Republican primary rivals and became the first major-party presidential nominee without prior political or military experience. Against even greater odds, Trump defeated in the general election a far better funded and politically connected Hillary Clinton.
The most dangerous domestic problem facing America’s federal government is the rapid growth of its budget deficit and national debt. According to the Congressional Budget Office, the deficit this year will be $900 billion, more than 4% of gross domestic product. It will surpass $1 trillion in 2022. The federal debt is now 78% of GDP. By 2028, it is projected to be nearly 100% of GDP and still rising.
You may remember the baker Jack Phillips in Colorado. As a Christian, Philips felt he could not in good conscience decorate cakes celebrating events that did not square with his beliefs. The Colorado Civil Rights Commission opposed him and, finally, the US Supreme Court said the Commission had acted prejudicially.
One of the most persistent myths about U.S. foreign policy is the idea that America desires—due to greed, messianic ideological impulses, or simple imperial presumptions—to dominate the Middle East. In reality, American policy has long been torn by two conflicting imperatives: The need to protect enduring U.S. interests, on the one hand, and the desire to stay clear of the region’s unending headaches, on the other.
Let’s not sugarcoat it: National education reform is in a tough patch, what with the emboldened teachers unions playing offense, a supportive but unpopular education secretary being used as a bogeyman, and internecine squabbles dominating the debate. Yet outside the deep-blue bubbles on the coasts, good things are still happening for kids. This week’s best example comes from Colorado.
Hoover Institution fellow Thomas Sowell says just because there are biases does not mean the biases cause disparities. And, Sowell notes that facts in the world of reality raise the crucial question as to whether the redistribution of income or wealth can actually be done.
Hoover Institution fellow John Yoo discusses the Foreign Agents Registration Act violations that the DOJ is reportedly looking into concerning the lobbying work that Greg Craig performed for the Ukrainian president in 2012 -- a case initially probed by special counsel Robert Mueller.
Hoover Institution John Yoo discusses the constitutionality of changing the Electoral College and notes that if the Electoral College is racist then our whole constitution is racist. Yoo notes that the Civil War and the three amendments after the Civil War, should have wiped out the original sin of racism that many people claim when criticizing the US.
Victor Davis Hanson’s newest book is also one of his most personal. Hanson is a celebrated historian of war, a retired professor of classics, a senior fellow at the Hoover Institution, and a National Review columnist. But he is also a farmer in California’s Central Valley. He routinely peppers his articles and even his academic work with telling details about farming life and social realities in Selma, a town outside Fresno where he lives in the same house in which he was born and raised.
Paul Gregory's academic contributions were featured in Chapter 8, “Markets versus Socialism,” of the 2019 Economic Report of the President. "We found your research to be insightful and critical to the completion of our Report."
When governments collect less money through taxes than they spend, they run deficits. But the US government borrows in the same currency it issues, so can’t it use its printing power to help balance its budget and avoid a deficit
Over at Econlog, I have a new post discussing the Fed's opposition to narrow banking, and specifically, John Cochrane's excellent post criticizing the Fed's position. I'll eventually get to narrow banking in this post, but first I'd like to consider some basic questions about the monetary base which are rarely asked.
On March 26, 2019 at 4 pm, Fordham and Hoover will host two speakers on schools, patriotism, and illiberalism. William Damon, director of the Stanford Center on Adolescence, will argue that schools must foster in their students a sense of purpose and a positive attachment to their society.