The Corner

The Economy

A Fuller Picture of Unemployment

The headlines are understating how much unemployment there is, but they’re also understating how fast it’s falling. See here for more.

Ramesh Ponnuru is a senior editor for National Review, a columnist for Bloomberg Opinion, a visiting fellow at the American Enterprise Institute, and a senior fellow at the National Review Institute.

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U.S.

Baby Please Come Back, Says Andrew Cuomo

Then-mayor Mike Bloomberg famously described New York City in 2003 as a “luxury product,” and therefore priced accordingly. The price hasn’t changed, except to go up slightly — taxes, rents, everything. But few would argue that the product New York offers remains first-rate. The theaters are closed. The ... Read More
U.S.

Baby Please Come Back, Says Andrew Cuomo

Then-mayor Mike Bloomberg famously described New York City in 2003 as a “luxury product,” and therefore priced accordingly. The price hasn’t changed, except to go up slightly — taxes, rents, everything. But few would argue that the product New York offers remains first-rate. The theaters are closed. The ... Read More
The Economy

What’s an ‘American’ Car?

I’m not too sure about Dmitri’s ode to American cars, because I am not too sure what is an American car. In what sense should a Jeep Compass manufactured in Mexico be thought of as American while a Mercedes GLE made in Alabama isn’t? The answer cannot be corporate ownership: Both companies have ... Read More
The Economy

What’s an ‘American’ Car?

I’m not too sure about Dmitri’s ode to American cars, because I am not too sure what is an American car. In what sense should a Jeep Compass manufactured in Mexico be thought of as American while a Mercedes GLE made in Alabama isn’t? The answer cannot be corporate ownership: Both companies have ... Read More

William Tecumseh Sherman: A Warrior in Full

Statues of William Tecumseh Sherman stand throughout the country, including a striking gilded-bronze one by Augustus Saint-Gaudens outside Central Park in New York City. Reading a biography of Sherman in the context of the current spate of iconoclasm brings home how anyone looks immaculate on a pedestal, or to ... Read More

William Tecumseh Sherman: A Warrior in Full

Statues of William Tecumseh Sherman stand throughout the country, including a striking gilded-bronze one by Augustus Saint-Gaudens outside Central Park in New York City. Reading a biography of Sherman in the context of the current spate of iconoclasm brings home how anyone looks immaculate on a pedestal, or to ... Read More