People who follow politics, even casually, learn not to expect high moral standards from politicians. But there are some outrages that show a new low, even for politicians. Among the consequences of Democrats' recent election victories, especially at the state and local levels, is the election of officials who have publicly announced their opposition to charter schools, and their determination to restrict or roll back the growth of those schools.
Almost everything French president Emmanuel Macron has said recently on the topic of foreign affairs, the United States, and nationalism and patriotism is silly. He implicitly rebukes Donald Trump for praising the idea of nationalism as a creed in which citizens of sovereign nations expect their leaders to put the interests of their fellow citizens first and those of other nations second. And while critiquing nationalism, Macron nonetheless talks and acts as though he is an insecure French chauvinist of the first order.
“A failure of British statecraft on a scale unseen since the Suez crisis.” You might think former United Kingdom Transport Minister Jo Johnson’s parting shot at Prime Minister Theresa May stands a fair chance of attaining immortality in the British history exams of the future. Martin Wolf of the Financial Times attempted the question. “Comparisons with the 1956 Suez crisis do not get close to the mark,” he opined last week. “This is a far more significant mess than that.”
On September 1, 2017, Russian President Vladimir Putin addressed a nationwide group of Russian students on their first day of school. “Artificial intelligence is the future, not only for Russia, but for all humankind,” he said. “Whoever becomes the leader in this sphere will become the ruler of the world.”
The European Central Bank is signaling that it intends to end its €2.5tn quantitative easing programme next month. Mario Draghi, ECB president, made that clear at the bank’s monthly meeting in October. Yet the recent eurozone growth numbers were the weakest since 2014. The danger for the ECB is that it will have to start QE up again soon after ending it.
“I want to apologize. I recognize that this moment is a deeply painful one—internally and externally,” wrote Facebook’s VP of public policy, Joel Kaplan, in a Sep. 28 note to Facebook staff. This followed the publication of photographs showing Kaplan’s attendance at Judge Brett Kavanaugh’s testimony before the Senate Judiciary Committee. Kaplan’s presence in the hearing room led to a wave of objections voiced on internal message boards by Facebook employees.
by Albert Cheng, Paul E. Petersonvia Association for Public Policy Analysis and Management
Friday, November 9, 2018
In this paper, we conduct an experiment embedded in a survey to test whether the provision of customized information about the costs and returns to completing a post-secondary education affects parents’ post-secondary aspirations for their children. In all prior experiments that provide information, parents are given a national average of net costs and returns. This approach masks local idiosyncrasies in college costs and returns.
I’ve now finished working my way through the over 1,600 pages of Armen Alchian’s writing. (Note to self: when you agree to write a book review, keep in mind the book you’re reviewing. When I went back to the original email offer, I found that I was asked to review the single-volume 523-page Economic Forces at Work. Oh, well. Not the optimal use of my time, but not that far from optimal: I learned a lot and seeing Armen’s mind at work led to some nice memories of being in his class in 1972.)
Hoover Institution fellow Niall Ferguson analyzes the structure and prospects of “Cyberia” in the endless battle between hierarchy and networks that has wrought spasms of innovation and chaos throughout history.
Hoover Institution fellow Lanhee Chen discusses the latest on the state and national elections as well as the future of Congress, and how Republicans and Democrats might get along with the former controlling the Senate and the latter in charge of the House.
Fellows from the Hoover Institute visited the amphibious assault ship USS Bonhomme Richard (LHD 6) for a ship tour and round-table discussion , Oct. 8. Fellows met with Bonhomme Richard officers in the wardroom and discussed a variety of ideas about technological innovation and policy as they apply to the Navy.
In his 1955 mission statement that launched National Review, William F. Buckley made plain that while it’s the job of centralized government to “protect its citizens’ lives, liberty and property,” all “other activities of government tend to diminish freedom and hamper progress.” Buckley added that the “profound crisis of our era is, in essence, the conflict between the Social Engineers, who seek to adjust mankind to conform with scientific utopias, and the disciples of Truth, who defend the moral organic order.”
There is much written about Brexit manoeuvres at the moment. Will the Protestants defeat the Romans in the long run (if you follow Niall Ferguson’s analogy)? Or has Sir Humphrey Appleby (aka Olly Robbins), on whom the Prime Minister so closely depends, outsmarted the ill-organised and ill-prepared dinosaurs, aka the Brexiteers (according to Adam Boulton’s thesis?
AI will make manufacturing, transportation, and trade more efficient, improve crop yields, open a wealth of new opportunities for technology advances, reshuffle labor markets, and force a fundamental rethinking of approaches to national security and the architecture of modern militaries.
Washington and Silicon Valley have been abuzz with the latest revelations about Facebook from a New York Times investigation that founder Mark Zuckerberg and chief operating officer Sheryl Sandberg leveraged lobbying might and personal clout to deflect responsibility from the social network for the spread of inflammatory content amid allegations that Russians manipulated the 2016 US elections.