On the "Neo-Fisherian" idea that maybe raising interest rates raises inflation, Nick Rowe asks an important question. What about the impression, most recently in a host of countries that seemed to raise rates "too early" and then backed off, that raising interest rates lowers inflation? (And thanks to commenter Edward for the pointer.)
In this quarter-hour-long video, Russ sits down with my former student – and Cato’s Director of Multimedia – Caleb Brown to discuss Russ’s latest book, How Adam Smith Can Change Your Life.
With phrases like “better safe than sorry” and “look before you leap,” it’s clear that concerns about risk are reflected in our vernacular. In the ongoing discussions about the precautions needed to prevent more U.S. cases of Ebola, you often hear the term, “in an abundance of caution…” usually invoked to justify a high level of government intrusion, such as quarantine.
I am a little perplexed by Steve’s response to my critique of the AUMF principles he helped write. Steve accuses me of “hiding the ball.” But he seems to me, rather, to be moving the goalposts. He may have moved them into a position that, as he suggests, gives rise to less disagreement on my part with the principles he is advancing.
Turner International’s Cable News Network, more well-known today as CNN, announced on Monday, November 10th that it planned to end news gathering and news broadcasting operations in Russia by the end of this year. The firm cited new laws that limits foreign ownership of media businesses operating in Russia.
WASHINGTON -- Democratic attorney and former Obama administration official Ro Khanna had seemingly everything he needed to unseat Rep. Mike Honda (D) in California's 17th District: gobs of cash from technology CEOs, some of the president's top campaign alumni, innovative voter identification data and a compelling professional background.