The country is currently facing electoral and political instability due to economic and demographic changes that are breaking apart existing voting blocs. This instability will continue until one party finds a dominant set of issues that attracts a winning coalition of voters. Stabilizing the political landscape will require party coalitions to address critical issues like immigration, inequality, worker insecurity, environmental challenges, and trade in a way that brings together a stable majority of voters.
Is Charles Darwin’s theory fundamentally deficient? David Berlinski makes his case, noting that most species enter the evolutionary order fully formed and then depart unchanged. Where there should be evolution, there is stasis. So, was Darwin wrong?
How fortuitous that the news of Ross Perot’s passing coincides with the launch of Tom Steyer’s presidential run. Perot, of course, was the Texas billionaire who shook up the 1992 election by running as an independent candidate (actually, he ran, dropped out, then dropped back into the race) – all the while amusing the media and infuriating a sitting Republican president and a Democratic governor who hoped to unseat him.
The Federal Reserve began raising the level of short-term interest rates at the end of 2015. The central bank’s latest Monetary Policy Report, published on Friday in advance of Chairman Jerome Powell’s semiannual testimony to Congress this week, suggests this may have been a mistake. According to the report, the proper level of short-term interest rates today could be as low as 0%.
University of Chicago emeritus law professor Richard Epstein has jumped from the sidelines to the center of the legal battle challenging the construction of the Obama Presidential Center (OPC) in Jackson Park. After writing an amicus brief for a federal lawsuit filed by environmental activist group Protect Our Parks against the City and the Chicago Park District for their sanctioning of the Center’s construction in Jackson Park, Epstein now will be co-counseling the appeal of the suit.
On July 17, Robert Mueller will testify publicly before Congress for the first time since June 2013, when he appeared before the Senate Intelligence Committee in his role as FBI director. Democratic members of Congress have framed Mueller’s testimony as a final act of public service following his resignation as special counsel.
The notoriously quiet Supreme Court justice has had a far-reaching influence on the personnel of the Trump administration, which may be his most lasting legacy. Clarence Thomas is the longest-serving justice currently sitting on the Supreme Court. For much of his tenure, court watchers and critics have dismissed his jurisprudence as largely irrelevant, demoting him to the late Justice Antonin Scalia’s judicial sidekick.
As President Trump delivered his well-received patriotic Independence Day tribute to America, the braying leftist college professoriate erupted in social-media fireworks, underscoring the importance of offering saner higher-education alternatives to young people. UC Berkeley professor and former Clinton labor secretary Robert Reich compared Trump to a dictator glorifying himself with a military parade.