Check out Jon Hartley’s MonetaryPolicyRules.org for charts of several prominent policy rules, including Taylor, Mankiw, and NGDP targeting.
During last night's CNN town halls, Bernie Sanders endorsed reinstating the voting rights of Dzhokhar Tsarnaev, the Boston Marathon bomber, and Kamala Harris indicated that she was open to the idea. Anne Carlstein, a junior at Harvard, asked Sanders, “You have said that you believe that people with felony ... Read More
It is not now clear whether the Democrats’ pathological attachment to the fantasy that they have some chance of destroying the Trump presidency legally is based on continuing hysteria and frenzy, or addiction to continued harassment of the president even as the credibility of doing so plummets, or is an attempt ... Read More
The U.S. Attorney General is ending asylum seekers’ opportunity to ask for bond in front of an immigration judge. Read More
If you’re paying attention to presidential politics, you should be paying attention to Andrew Yang, a tech entrepreneur running for president as a Democrat. Yang is worth taking seriously not because he has a real shot at the nomination (he comes in at about 1 percent in most polls), but because, unlike most ... Read More
Two eminent public intellectuals -- Jordan B. Peterson, the Canadian psychologist, and Slavoj Zizek, the Slovenian philosopher -- sold out the Sony Centre in Toronto with their debate “Happiness, Capitalism vs. Marxism.” What followed had little to do with happiness and less to do with capitalism and Marxism, ... Read More
On Monday, presidential candidate Senator Elizabeth Warren unveiled her plan to completely eliminate student debt and make college free. It’s a terrible, financially infeasible idea, which is something that has been pointed out many times over by the more economically literate among us. So, I’d like to ask ... Read More
Last October, Sarah Lawrence College professor Samuel Abrams wrote an important and insightful essay in the New York Times. While critics of higher education have often focused on faculty bias -- in part because a small subset of professors is prone to say ridiculous things -- a larger problem has gone mostly ... Read More