Hoover Institution fellow John Taylor notes that the Fed must pay attention to the economy when deciding whether to raise rates.

This week, Patrick Collison, co-founder and CEO of Stripe, talks with EconTalk host Russ Roberts about the pace of innovation. Collison argues that despite enormous increases in the numbers of scientists and researchers, the pace of progress in scientific and technological understanding does not seem to be increasing accordingly. The conversation looks at the challenge of measuring innovation and whether the pace of innovation should be a matter of concern and if so, what might be done about it.

A new report by a pair of researchers known for their work on low-income students suggests colleges are thinking about serving that group in the wrong way. The findings — from Caroline M. Hoxby, a professor of economics at Stanford University, and Sarah Turner, a professor of economics at the University of Virginia — come at a time when colleges, especially elite ones, have faced increasing public pressure to admit more low-income students.

“More Americans believe in global warming–but they won’t pay much to fix it.” So reads the headline of an article by James Rainey on NBC News’s web site. Read the piece and see if you agree with me that that is the most important part of the article. Why? The line underneath the title says why: “Americans are unwilling to pay $10 a month to fight climate change, a survey found.”