It is more than a quarter of a century since Bosnia descended into a bloody conflict that claimed tens of thousands of lives. Since the massacre of 50 Muslim men, women, and children in Christchurch, New Zealand, I have found myself wondering: Is the world turning into a giant Bosnia?
Special counsel Robert S. Mueller III has completed his investigation of what happened regarding Russia’s interference in the 2016 election. It is time now to pivot to addressing what needs to be done to prevent future meddling from Russia or any other foreign government.
In 2022, California’s minimum wage will rise to $15 per hour (by 2023 for businesses with fewer than 25 employees), including restaurant workers. As one California food wholesaler, who services a number of restaurants, told me, “Get ready for the $25 lunch burger at your favorite decent, non–fast food restaurant.”
As the world continues to shift toward low-carbon energy sources, a closer look makes it clear that nuclear power has to be included in order to reduce carbon emissions. Until the problem of long-term power storage is solved, nuclear will remain the only zero carbon base load power source. Given how clean and reliable it is compared to its alternatives, it is far too early to take nuclear power off the table.
I’ve already sketched out some insta-reactions to the Barr Letter’s summary of the Mueller Report at Politico and Commentary. But let me add one further thought, briefly, on President Trump, his opponents, and the proper understanding of institutions.
“Mountains struggle to give birth,” the Roman poet Horace wrote, “and a ridiculous mouse is born.” After 675 days, $25 million,19 lawyers, 40 FBI agents, 500 interviews, 2,800 subpoenas, and 500 search warrants, Special Counsel Mueller’s “dream team” comprising Democrat partisans, as Reddit called it, has confirmed what at least half of Americans already knew from common sense and public information: the Trump campaign did not “collude” with Russia to steal the election from Hillary Clinton.
A surprising array of events are arranged in four-year cycles: leap years, the Olympics, presidential elections, and many “terms of office,” including those on the Maryland State Board of Education, where I just concluded my tour of duty.
Strategy starts with understanding our interests and the objectives that flow from those interests. In the Middle East, our interests have evolved but perhaps less than many may think. After the Second World War, when the US assumed more global responsibilities, Democratic and Republican Presidents saw the Middle East as vital to our interests because of its oil and geo-strategic centrality. The unimpeded flow of its oil was necessary for global economic health and for the reconstruction of Europe—which was perceived as an essential national security priority.
Over at Alt-M, Cato Institute monetary economist George Selgin writes: To conclude: despite what Stephen Moore has written, there’s no evidence that either Paul Volcker or any later Fed chair ever deliberately “linked Fed monetary policy to real-time changes in commodity prices.”
Harvard President Larry Bacow, speaking at Peking University six weeks before the centennial of the May Fourth Movement, stated that the purpose of a university is the search for truth, which “has to be discovered, revealed through argument and experiment, tested on the anvil of opposing explanations and ideas,” in short, academic freedom.
I just finished watching Django Unchained this weekend and I highly recommend it. One of the things that helped me enjoy it fully is the idea that anything a slave does to those who enslave him, even up to killing the enslavers and the enablers of the enslavers, is justified. That’s a view I’m quite comfortable with. If you’re not comfortable with it, you probably will not get the pleasure out of Django Unchained that I did.
Hoover Institution fellow Amy Zegart discusses the divide between Google and the military. Zegart notes that encouraging undergraduates to study technology, security, and privacy would help them understand the need to protect the national interest.
Hoover Institution fellow Adam White joins a panel discussion about President Trump’s border security emergency declaration. They talk about the constitutional and statutory implications of the president’s declaration and make suggestions for what they think Congress should do in response.
Hoover Institution fellow John Yoo discusses investigating the genesis of the Steele dossier as well as the failures and wrong doing that caused the hiring of a special prosecutor to investigate President Trump. Yoo also discusses the Mueller report and Attorney General Barr's response.
Although the recent scandal of celebrities bribing their kids into college has a relatively low impact on the main problems concerning American universities (and seems to affirm their admissions processes more than anything), it has certainly revived the conversation on all these matters.
Chart of the Day I (above) has been featured before on CD and is worth a re-post. It shows that America’s middle class is disappearing but it’s because they are moving into higher income groups not moving into lower income groups. Between 1969 and 2017, the share of US households making $100,000 or more (in constant 2017 dollars) has more than tripled from 9% to 29.2%, while the share of households making $35,000 to $100,000 decreased from 53.8% to 41.3%.
The trans-border political whirlwinds of today, including China's militarisation of the South China Sea and its Belt and Road Initiative (BRI) infrastructure push, have been driven primarily by domestic concerns, experts told the Japan Symposium organised by the Milken Institute think-tank yesterday.
President Donald Trump and his supporters boasted Sunday of a “total and complete exoneration” by the special counsel investigating Russia’s ties to his 2016 presidential campaign, but that wasn’t entirely the case—at least when it comes to whether the president tried to obstruct the special counsel’s investigation.
Special Counsel Robert Mueller found no evidence of collusion between US President Donald Trump's campaign and Russia in the 2016 election, but left unresolved the issue of whether Trump obstructed justice by undermining the investigations that have dogged his presidency.
The man who used to run the CIA, and lost his job when Donald Trump took office, did a huge amount of damage to the United States by calling the sitting president a traitor. Because of his presumed access to information unavailable to the public, many foreign leaders had reason to believe that they could resist the demands and requests of President Trump by simply outlasting him in office. Think Kim Jong un, Xi Jin ping, Angela Merkel, and of course Vladimir Putin for starters.
Jonah mentions in passing the possibility that Mueller will testify before Congress. Adam White makes a strong case that he shouldn’t, and that Congress shouldn’t ask him to: “[W]hen the President’s critics now begin to demand that Mueller come and discuss publicly his interpretation of facts which Mueller himself declined to make the basis of a recommendation to indict, they demand that Mueller commit precisely the same error that [James] Comey infamously made.”
Not so long ago, China's rise was seen as essentially benign. A growing economy, it was thought, would go hand-in-hand with a liberalising political system. China was, to use the phrase favoured by US experts, becoming a responsible global stakeholder.
Every year, in late January, a small group of beetle-browed scientists, politicians, and journalists gather at the National Press Club in Washington, DC, to ponder the end of the world. This is a day of solemn kitsch: the unveiling of the Doomsday Clock, the minimalist midcentury dataviz that, since 1947, has been adjusted to dramatize the imminence of global catastrophe.
mentioning John B. Taylorvia Institute for Monetary and Financial Stability
Tuesday, March 26, 2019
For the twentieth time, central bankers, financial market participants and academics will discuss current issues of monetary policy and financial stability at the conference "The ECB and Its Watchers" on March 27, 2019. Since 1999, when the European Central Bank (ECB) took up its mandate, about 400 ECB watchers from all over Europe, North America and Asia regularly come to the conference to get first-hand information and to debate with members of the ECB Governing Council, presidents from euro area central banks as well as representatives of international organizations and renowned researchers.
I know. The title could be talking about pretty much any national strategy written in the last 15 years. And that's the point. In the interview, Dr. Amy Zegart and I discuss the national cyber strategy and what's wrong with it, besides all the bloviating. We also explore the culture clash between DOD and Silicon Valley (especially Google), and whether the right response to the Mueller report would be to conduct a thorough investigation into how the Intelligence Community and Justice handled the collusion allegations at the start of the Trump Administration.