The Yanukovichization of Belarus
In Ecclesiastes 1:4-11, the author muses over the eternal cycles of human existence. Among the many examples that he brings up, the most compelling one states the following: “What has been is…
Trump’s RX Pricing Order Will Have Unintended Consequences
President Trump has signed an executive order that aims to tackle U.S. prescription drug spending, but won’t implement it until the public, including private sector drug makers, can comment. The order pegs…
Why Democrats Have Started To Cave On Reopening Schools
Prominent Democrat politicians have started making huge concessions on reopening schools. Back in May, Democrats pounced after President Trump supported reopening. Despite the data finding precisely the opposite, it quickly became the Democrat-media complex line that opening…
Essential or not?
One effect of the lockdown is that we find ourselves with frequent decisions as to what is essential to our survival and happiness and what isn’t. Life gets stripped down…
The Long National Nightmare Begins
On Thursday, the nation learned that second-quarter U.S. gross domestic product was down by a third, the biggest one-quarter drop on record. It’s an astounding measure of just how deeply…
The oil market doesn’t need an intervention
In late spring, oil prices dipped below zero for the first time ever. Futures contracts for May delivery traded as low as negative $37 a barrel, as producers and speculators…
It’s Time to Fund Learning, Not Schools
There’s a lot riding on whether the nation’s children go back to school in the fall. The restoration of the economy. The ability of many parents to return to work.…
A Futuristic Vision of Higher Education
Let me begin by stipulating that I do not consider myself an authority on the future of higher education. I have been too long absent from the field to have…
Start Tackling The Pension Problem Now
The politicians in Washington rarely let the important get ahead of the urgent and expensive. The spending spree they’ve engaged in to offset the economic impact of the coronavirus lockdown…
The New War on Merit
The American dream is that any citizen, regardless of sex, race, creed, or color, can rise on his determination and merit. History is littered with examples of the reformers who…
Survival or Depression: A False Choice
One of the ongoing controversies in recent days is the dispute over which should be the nation’s top priority: economic recovery or pandemic precautions? Both positions are framed in the…
An Industry of Untruth
The current revolution is based on a series of lies, misrepresentations, and distortions, whose weight will soon sink it. Viral confusion Unfortunately few in authority have been more wrong, and…
America and China Are Entering the Dark Forest
“We are in the foothills of a Cold War.” Those were the words of Henry Kissinger when I interviewed him at the Bloomberg New Economy Forum in Beijing last November. The observation…
The Costs Of Regulation And Centralization In Health Care
Introduction The overall goal of US health care reform is to broaden access for all Americans to high-quality medical care at lower cost. In response to a large uninsured population…
America’s Uncertain Recovery
STANFORD – Like most of the world, the United States is attempting to overcome both the COVID-19 pandemic and a deep recession caused by the resulting government-ordered shutdown. At annual…