I wrote a Wall Street Journal Oped on the gold standard, partly in response to last week's Oped by James Grant (whose "PhD standard" is a great quip) and Greg Yp's excellent column on Judy Shelton and gold.
The summer issue of Hoover Digest is now available online. The journal focuses on topics both classical—the economy, personal freedom, the role of government—and timely, such as cybersecurity, terrorism, and geopolitical shifts.
This is the fourth in a series of posts looking at whether the nation’s schools have improved over the past quarter-century or so—what might be considered the modern “reform era” of American education. The first two posts demonstrated that student outcomes rose significantly from the mid-1990s until the Great Recession —especially in reading and math, but in other academic subjects, too.
Hoover Institution fellow Larry Diamond discusses his book Ill Winds: Saving Democracy from Russian Rage, Chinese Ambition, and American Complacency, in which he charts the rise of illiberal leaders across six continents; the growing influence of China and Russia; and how the election of Donald Trump has affected all of this. Diamond argues that, to curb rising despotism, the United States must reclaim its role as an ardent defender of global democracy.
He also said that although the goal is a bit of a stretch, achieving $5 trillion economy by 2024-25 is possible. There is a need to consider tapping into foreign capital to trigger a cycle of investment and growth, Chief Economic Adviser (CEA) Krishnamurthy Subramanian said on July 16.
Even if we assume a falling rupee, there is no reason why some risk cannot be taken on such bonds. It is interesting how committed globalizers suddenly turn near-nationalist when it comes to sovereign borrowings in non-rupee debt.
For many decades, critics have noted that agencies were using Dear Colleague and guidance letters, memos and so forth — also known variously as subregulatory guidance, stealth regulation and regulatory dark matter — to grab new powers and ban new things in the guise of interpreting existing law, all while bypassing notice-and-comment and other constraints on actual rulemaking.
People have a hard time making choices when it comes to health insurance, so researchers are developing tools to help patients make the best decisions. There are plenty of easy consumer choices. Paper clips: easy. Dish sponges: easy. Those products sit at one end of the spectrum. At the other end, impossibly distant, is health insurance.
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.