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1225: Banter to fisticuffs to war: Biden team beware Iran. @VDHanson

by John Batchelor
Thursday, February 25, 2021

Image: Victor Davis Hanson: @VDHanson; Hoover Institution, and The Case for Trump,in re:  Self-correction. Tensions between nations that lead to war is a lack of knowledge: let’s say we don't know the relative strength of each; banter can lead to fisticuff to war.  . . .  A weaker power can...

Featured

The Long-Term Economic Costs Of Lost Schooling

featuring Eric Hanushek, Margaret (Macke) Raymondvia The Wall Street Journal
Thursday, February 25, 2021
Students who are falling behind now because of Covid restrictions may never catch up in their skills, job prospects and income.
Analysis and Commentary

The Ethical And Economic Case Against Lockdowns

by David R. Hendersonvia EconLog
Thursday, February 25, 2021

Last Friday, February 19, I gave about a 1.6 hour Zoom talk to Ryan Sullivan’s class at the Naval Postgraduate School. It was titled “Don’t Forget What We Know: The Ethical and Economic Case Against Lockdowns.”

Stanford Oval
In the News

Stanford Lefties Must Swallow Their Hoover Hate — For Now

featuring Scott W. Atlas, Niall Ferguson, Victor Davis Hansonvia National Review
Thursday, February 25, 2021

The woke faculty have it in for these fellows. But it’s not going so well for them.

In the News

Assessing The Real Threat Posed By Deepfake Technology

quoting John Villasenorvia International Banker
Thursday, February 25, 2021

As is the annual tradition in the United Kingdom, Christmas Day saw Queen Elizabeth II deliver her 3 PM speech on television to households all around the country. And as is also a tradition, Channel 4 offered its viewers an alternative speech that broadcast at the same time as that of the Queen’s, usually delivered by another renowned personality—previous notable figures include former President of Iran Mahmoud Ahmadinejad, Edward Snowden, Ali G and Marge Simpson. 

Featured

Winners And Losers In The Digital Transformation Of Work

by Michael Spencevia Project Syndicate
Thursday, February 25, 2021

Advances in artificial intelligence and machine learning have again raised fears of large-scale job losses. And while labor-market adaptation is likely to stave off permanent high unemployment, it cannot be counted on to prevent a sharp rise in inequality.

Featured

Power To The People? Part 2: History’s Lessons For “Community Control”

by Chester E. Finn Jr.via Flypaper (Fordham Education Blog)
Thursday, February 25, 2021

In last week’s Gadfly, I shared some misgivings about today’s push for “community control” on the part of many education reformers and philanthropists. Now I want to explain how my misgivings are informed by a pair of previous such ventures, dating back to my earliest—perhaps formative—exposure to earnest efforts to boost the lives and prospects of poor Americans and people of color. I’m mindful of the maxim, attributed to many, but most authentically to Santayana, that “those who cannot remember the past are condemned to repeat it.

Analysis and Commentary

Losing An American Genius

by Victor Davis Hansonvia American Greatness
Wednesday, February 24, 2021

We are mourning for Rush, but also for ourselves, who are going to miss—and need—him more, not less, each day that he is now silent.

Analysis and Commentary

Private versus Government

by David R. Hendersonvia EconLog
Wednesday, February 24, 2021

In his textbook Public Finance, 7th edition, 2005, Princeton University emeritus professor of economics Harvey S. Rosen, discussing the idea that incentives to monitor are better in the private sector than in government, quotes Adam Smith‘s statement to that effect in The Wealth of Nations. He also gives a famous modern example. 

In the News

George Shultz’s Enduring Wisdom Can Guide Diplomacy Today

featuring George P. Shultzvia National Interest
Wednesday, February 24, 2021

George Shultz’ counsel is vital for America today—invest heavily in strengthening U.S. diplomacy and its diplomats to rebuild America’s role in the world.

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