Elizabeth Warren, U.S. senator from Massachusetts and candidate for president, recently released a Social Security plan that would exacerbate many of the program’s existing problems while also creating several new ones. The plan was announced in an article she posted on Medium, along with an analysis authored by Moody’s Analytics’ Marc Zandi.
Last week, California governor Gavin Newsom signed into law California’s Fair Pay to Play Act, which will allow California college athletes to sign commercial deals for the use of their identities and likenesses. The law, which will also allow student athletes to hire agents to negotiate on their behalf, will take effect in 2023. This could be the law that upsets the NCAA’s long-standing cozy apple cart that has successfully funneled almost all collegiate athletic revenue to universities, and the economics of this law are fascinating.
Former Florida governor Jeb Bush was among a panel of decorated speakers who gathered on Tuesday to discuss how modern social and political dynamics are affecting the current state of government, journalism and policy in America.
In his recent Econlib article, “The Role of the Economist in a Free Society: The Art of Political Economy,” George Mason University economics professor Peter Boettke writes: After [James] Buchanan left the University of Virginia, he wrote in a letter to [Rutledge] Vining: “My own worry, which you do not express so directly as I do, stems from the step taken by such an idealized professional assistant when he takes it on himself to propose changes in structure, as if he has a direct line to God.
Of the many events that took place in the final phase of World War II, the activities on the small Danish island of Bornholm are among the least remembered. On May 9, 1945, just as Germany was surrendering to the Allies, the Red Army occupied Bornholm.
In thousands of private equity buyout firms, job losses and lower wages resulted two years after the completion of the private equity transactions. After examining 9,800 U.S. private equity (PE) buyouts from 1980 to 2013, during a period that had significant swings in credit market tightness and GDP growth, professors and researchers Steven J. Davis, John Haltiwanger, Kyle Handley, Ben Lipsius, Josh Lerner, and Javier Miranda, found that “Employment at target firms shrinks 13% over two years in buyouts of publicly listed firms.”
Our subject is climate change. It is not one we are particularly fond of but the mainstream media is obsessed with it, inundating us with headlines and articles, so here we go again to examine the issue one more time.