American corporate law provides that boards of directors are chosen solely by shareholders, to whom the directors owe an exclusive fiduciary duty to maximize shareholder value. That simple proposition has generated benefits not only for shareholders but also for workers, suppliers, customers, bondholders and communities.
National security adviser John Bolton stirred the international waters this week by calling out the International Criminal Court for what it is and has always been — a political institution with an agenda, clothed in the finery of judicial robes.
The liberal politicians in California are at it again. Their latest idea? Legislation that would create “safe injection” sites in San Francisco, where addicts can be supervised while they abuse illicit substances like heroin.
In spring 2016, Oklahoma adopted new math and English language arts (ELA) standards after making the decision drop the Common Core. In doing so, it was well within its rights. But Oklahoma also has a responsibility to make sure its standards are strong, clear and rigorous. For ELA, the state has accomplished this. But for math, it fell short.
I’ve seen various friends on Facebook today discussing their feelings about 9/11/2001 and some of their experiences that day. Some were close to Ground Zero; others had friends who were murdered; others, like me, were a few thousand miles away and knew only people who knew people who were murdered.
Hoover Institution fellow Lanhee Chen discusses the latest issues related to the NYT Op-Ed, the Woodward book, and even a little speculation as to who the Dems will offer as presidential candidates in 2020.