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In the News

Trump’s Good Plan To Fight High Drug Prices

quoting Henry I. Millervia The National Review
Tuesday, May 15, 2018

It’s not a home run, but it’s a solid single.

In the News

Labor Department Seeks To Prevent Managers From Playing Politics With Pension Funds

quoting David R. Hendersonvia National Legal and Policy Center
Tuesday, May 15, 2018

By law, managers of employer-sponsored pension plans must act in the best interests of investors. Unfortunately, many such fiduciaries are applying an unusually broad definition. That’s why the U.S. Department of Labor has clarified the issue.


Meditation On A Trip To The DMV

by John H. Cochrane via Grumpy Economist
Tuesday, May 15, 2018

I arrived at the DMV yesterday at 9 AM. My number came up at 5:45 -- you have to wait anxiously all day as you have 10 seconds to respond to your number. At 6:05, 10 hours after arrival. I was informed it was too late to take my written test so I would have to come back.

In the News

Free Speech, Hate Speech, Dangerous Speech: What Should Facebook Do?

featuring Timothy Garton Ashvia Free Speech Debate
Tuesday, May 15, 2018

Join us online, with speakers Monika Bickert, Ken MacDonald, and Louise Richardson, to discuss what Facebook should do about hate and dangerous speech.

Tom Wolfe is the author of numerous bestselling works of fiction and non-fiction.
Analysis and Commentary

Tom Wolfe, RIP

by Peter M. Robinsonvia Ricochet
Tuesday, May 15, 2018

The Peacock Inn in Princeton during the summer of 1979, when, having just graduated from college, I was interviewing for a job in New Jersey: Radical Chic & Mau Mau-ing the Flak Catchers. My room at No. 2 Brewer Street in Oxford in 1980, when, now a graduate student in England, I was feeling intensely homesick for my own country: The Right Stuff.

Blank Section (Placeholder)Analysis and Commentary

Indian Military Truths

by Andrew Robertsvia Military History in the News
Tuesday, May 15, 2018

Military history has been much in the news in India this month because it was twisted by Narenda Modi, the Prime Minister and leader of the ultra-nationalist Bharatiya Janata Party, in a blatant attempt to besmirch his great rival, the Congress Party. Campaigning in Karnataka in the south-west of India, Mr. Modi declared, “In 1948 we won the war against Pakistan under General [Kodendera Subayya] Thimayya’s leadership. 

Portrait of Karl Marx
Blank Section (Placeholder)Featured

At 200, Marx Is Still Wrong

by Russell A. Bermanvia Defining Ideas
Tuesday, May 15, 2018

Marxism was never about achieving an egalitarian society. It was about the pursuit of raw power.

Analysis and Commentary

Futures Trading Brought Down Bitcoin Price

by David R. Hendersonvia EconLog
Tuesday, May 15, 2018

From Bitcoin's inception in 2009 through mid-2017, its price remained under $4,000. In the second half of 2017, it climbed dramatically to nearly $20,000, but descended rapidly starting in mid-December. The peak price coincided with the introduction of bitcoin futures trading on the Chicago Mercantile Exchange.

In the News

“Like A Child Who Keeps Needling His Big Brother”: Inside The Mind Of Vladimir Putin

featuring Michael McFaulvia Prospect Magazine (UK)
Tuesday, May 15, 2018

When Europeans first mapped the world, there was a lot they didn’t know. Not wanting to admit their ignorance, they made stuff up. Some of their inventions were impressively ambitious. The fictional Mountains of Kong stretched from Mali to Sudan, and adorned maps of Africa for most of the 19th century.

Analysis and Commentary

The Nature Of Progressive Insensitivity

by Victor Davis Hansonvia National Review
Tuesday, May 15, 2018

Why do so many famous social-justice crusaders turn out to be racist and sexist?