As the two year centennial of the founding of the Fed in 1913-14 draws to a close this month, a new centennial volume, Frameworks for Central Banking in the Next Century, is being published as a special issue of the Journal of Economic Dynamics and Control.
Everyone seems to have an opinion about the tragic events in Ferguson, Missouri. But, as Daniel Patrick Moynihan used to say, "You're entitled to your own opinion but you're not entitled to your own facts."
Anthony Annett of the IMF has a thoughtful review of my Adam Smith book in the IMF publication, Finance and Development. He likes my overall summary of The Theory of Moral Sentiments but he is not so enamored of my explanation for the so-called Adam Smith problem:
Barack Obama will end his tenure with the ruin of Hope and Change. The implosion was brought about not by the marginalization of Hope and Change, but by the power of the U.S. government to reify the slogan in a way we have not seen since the 1930s.
Allegations that Russians bribed a senior soccer official with a painting by Picasso should be the final straw: Russia must not host the 2018 World Cup.
I confess that I don’t have a lot of patience for all of the very serious discussion people seem to be having about the case of Elonis v. U.S., which was argued today in the Supreme Court. The question before the court was whether conviction under a federal law banning interstate communication of threats requires that the communications be subjectively intended as threats, or whether it’s enough that a reasonable person would have received them as such.
Research Fellow Lanhee Chen discusses expectations for the new Republican Congress and answers questions from callers as a special co-host on the Hugh Hewitt Show.
Many Democrats examining what happened in the 2014 midterms are asking, "What did the voters want?" But the right question is why only 36.4 percent of potential voters bothered to register and vote? Obviously Democrats did not give those voters a good enough reason to take the trouble. Is the Democratic Party relevant anymore?
‘In our criminal-justice system, African Americans and whites, for the same crime . . . are arrested at very different rates, are convicted at very different rates, receive very different sentences.”
The world is on course to change very rapidly in a short amount of time. From new business models changing how individuals interact with one another to the onset of deliveries-by-drone, technology is altering the way we live our daily lives — and some of the most significant changes have yet to arrive.
WHAT happens when you hand college students free cash? That's the question behind an experiment playing out in Cambridge, Massachusetts. Starting this month, $100 worth of bitcoins are being given to students at the Massachusetts Institute of Technology.
