At a time when potentially important research is going unfunded by NSF, NIH and other federal agencies because of budgetary constraints, why should we permit NSF – or any federal entity, for that matter – to squander money on inferior projects?
Obamacare defenders and Princeton University economists Paul Krugman and Alan Blinder have granted that the Congressional Budget Office is making a reasonable claim in saying that by 2024, Obamacare, if not repealed or delayed, will reduce the number of hours...
Stanford University Professor John Taylor, creator of a rule for guiding monetary policy, said discretionary economic and spending policies are to blame for the U.S. recovery being “as disappointing as ever.”
Whether President Obama approves the Keystone XL pipeline from Canada or not, environmentalists or labor unions will be angry. For 40 years, foreign policy was a factor favoring wind, solar and alternative energies. Shultz and another Hoover Institution fellow, Nobel laureate Gary Becker, argued in 2013 that "a carbon tax would encourage producers and consumers to shift toward energy sources that emit less carbon - such as toward (natural) gas-fired power plants and away from coal-fired plants - and generate greater demand for electric and flex-fuel cars and lesser demand for conventional gasoline-powered cars." In the Wall Street Journal, the Hoover Institution scholars said their tax would be practical and market-friendly, "not for financing some other government programs." With so many partisans antiscience, antieconomics and antichange, the Republican Party, once strong and sensible, now resembles a huddle of trembling polar bears, trapped on a melting Arctic ice floe, drifting toward oblivion.
Self-selection bias makes it hard to evaluate faith-based prisons: what if prisoners who attend these programs are systematically different from prisoners who don't? The same problem has plagued evaluations of private or Catholic schools. I discuss how self-selection plays out in a number of faith-based prison and private-school evaluation studies.