The impact of uncertainty—in particular policy uncertainty—is a hot topic of debate in the press and the blogosphere. So the Dallas Fed decided to hold a conference last week to explore the issue....
Rather than accept a future of low-skill, low-wage work for our impoverished young people, education reformers aspire to build their "human capital"--their knowledge, skills, capabilities, talents, habits, character--so that the labor market will one day repay their contributions to society with a wage that far exceeds any minimums.
When President Obama declared that Syrian dictator Bashar Assad must "step aside" two years ago, many believed that it was only a matter of time before the U.S. intervened on behalf of the rebels battling the regime. Now that seems increasingly out of the question.
As the partial federal government shutdown continues, we check in on negotiations in Congress and what will need to happen in the short and long term to get the government working again.
Everyone loves rights and no one loves duties. Our founders gave us complete control over our government, yet it was Franklin who famously defined it as “A r