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Analysis and Commentary

Our Strength And Our Prosperity Depend On Our Diversity: Reality Or Ideology?

by Alvin Rabushkavia Thoughtful Ideas
Tuesday, October 1, 2019
Economic growth is driven by increases in productivity and labor.  However, not all labor is the same.  Some is low-skilled, low-valued-added, while other labor is high-skilled, high-value-added.  It makes a big difference in the rate of growth if the increase in labor is low-skilled or high-skilled.
 
 
In the News

Condoleezza Rice To Speak At PSU

featuring Condoleezza Ricevia The Morning Sun
Monday, September 30, 2019

Condoleezza Rice, who was secretary of state from January 2005 to 2009 and the second woman, and first African American woman, to serve in that position, will visit Pittsburg Thursday to speak at Pittsburg State University.

In the News

Governments Should Learn To Tolerate Criticism, Suppressing It Can Lead To Mistakes: Raghuram Rajan

featuring Raghuram Rajanvia The Economic Times
Monday, September 30, 2019

Suppressing dissent can lead to bad policies being passed, former Reserve Bank of India governor Raghuram Rajan said in a LinkedIn Post on Monday. Stressing on the importance of criticism in a democracy, Rajan, who is a professor of economics at the University of Chicago, wrote that governments that show lack of tolerance towards public, as well as internal, criticism do themselves a gross disservice.

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In the News

In Speaking Punjabi From Tory Party Stage, Sajid Javid Has Made A Small Piece Of History

mentioning Niall Fergusonvia The Spectator
Monday, September 30, 2019

Sajid Javid hates identity politics and has spent most of his political career avoiding it. But his speech today showed how effective he can be when he discusses his own life story.

Interviews

Tunku Varadarajan: How Mexicans See The U.S. And Trump

by Tunku Varadarajanvia The Wall Street Journal
Friday, September 27, 2019

The border fence is ‘a visible example of national paranoia,’ author Paul Theroux says. Yet he thinks Americans are right to be afraid.

Blank Section (Placeholder)Analysis and Commentary

Area 45: Debra Saunders On White House Press Briefings

interview with Debra Saundersvia Area 45
Friday, October 4, 2019

The “new normal” in Trump-media relations.

Featured

European Millennials Are Not Like Their American Counterparts

by Joseph de Weck, Niall Fergusonvia The Atlantic
Monday, September 30, 2019

Under-30s in Europe are more disposed than their parents are to view poverty as a result of an individual’s choice.

In the News

Book Review: 'The Tubman Command' Offers Plenty Of Civil War Buffs

quoting Elizabeth Cobbsvia Hutchinson Leader
Sunday, September 29, 2019

You are the Big Kahuna. The Boss, the One in Charge, maker of decisions and teller of things to do. You’re the Big Cheese with all the responsibility, and you ain’t bad at it. So how would you do if, as in the novel “The Tubman Command” by Elizabeth Cobbs, the very lives of soldiers, women and children were in your hands?

Analysis and Commentary

The Essence Of Lenin

by David R. Hendersonvia EconLog
Saturday, September 28, 2019

Lenin did more than anyone else to shape the last hundred years. He invented a form of government we have come to call totalitarian, which rejected in principle the idea of any private sphere outside of state control. To establish this power, he invented the one-party state, a term that would previously have seemed self-contradictory since a party was, by definition, a part. An admirer of the French Jacobins, Lenin believed that state power had to be based on sheer terror, and so he also created the terrorist state.

Interviews

Tim Kane: Looking Beyond The Term 'Income Inequality'

interview with Timothy Kanevia Yahoo Finance
Friday, September 27, 2019

Hoover Institution fellow Tim Kane discusses the news that the number of US households living in poverty is down.

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