Christian Kruse and Norbert Michel It’s been five years since the Securities and Exchange Commission (SEC) attempted to “harmonize” the rules governing public and private securities markets. Yet, the reform’s change to the accredited investor standard has fallen short on its goal of broadening access to private markets. The accredited investor standard dictates which Americans are considered “financially sophisticated” by ...
Jeffrey A. Singer AI and Health Care: A Policy Framework for Innovation, Liability, and Patient Autonomy—Part 4 With the holiday season here, parents, grandparents, and other adults are shopping for gifts for young children. Among the popular new toys are cuddly stuffed animals that contain AI chatbots capable of interacting with children. Some manufacturers design these toys for children as ...
Justin Logan The prospect of peace in Ukraine has activated its opponents. The Wall Street Journal’s chief foreign affairs correspondent, New York Times columnist Nicholas Kristof, New York Times columnist Thomas Friedman, former presidential candidate Hillary Clinton, and former Ukraine ambassador Bridget Brink have all decided that President Donald Trump is the second coming of Neville Chamberlain, the British prime ...
Jeremy Horpedahl The American Farm Bureau Federation, or Farm Bureau, recently released their annual tradition for Thanksgiving: a report on the cost of a typical Thanksgiving dinner in the United States. For 2025, the Farm Bureau tells us, you can make a traditional meal of turkey, sweet potatoes, cranberries, pumpkin pie, and other sides for a group of 10 for about ...
Romina Boccia The Federal Aviation Administration (FAA) has a chronic air traffic control (ATC) staff shortage because government control leads to a classic concentrated-benefits, diffuse-costs failure. The FAA relies on a single training academy for new controllers. It’s in Oklahoma—and Oklahoma legislators like it that way. As reported by the Washington Post, “Last year, a U.S. Senate committee approved a ...
Jeffrey Miron No. Much, perhaps all, of this regulation is misguided. As with most other policies, the federal government should leave states free to make their own mistakes. This provides valuable feedback about the effects of different policies, and it diffuses the polarization and resentment likely to result from imposing one approach on all states. Federalism is not perfect, but ...
Jeffrey A. Singer On November 20, the New Jersey Supreme Court ruled 6–1 that the hypothesis behind Shaken Baby Syndrome/Abusive Head Trauma (SBS/AHT) — that shaking a baby’s head can cause the clinical “triad” of intracranial hemorrhage, brain swelling, and bleeding behind the retina — is controversial within the scientific community and cannot serve as a basis for convicting someone ...
Tennessee’s Education Freedom Scholarship and the Constitution’s Call to Value and Support Education
Colleen Hroncich A group of Tennessee parents and anti-school-choice advocacy organizations filed a lawsuit on November 20, challenging the state’s Education Freedom Scholarship (EFS) Act, claiming the program violates the state’s constitutional mandate to maintain and support a single system of public schools that provides every child with an adequate education. The lawsuit invokes Tennessee Constitution Article XI, Section 12, ...
Mike Fox It’s difficult to imagine a more quintessential conservative value than the idea that the government should leave peaceful people to their own devices. But that hasn’t happened, and it flows naturally that those who value traditionally conservative principles of constitutionally limited government would embrace the notion that when the government acts aggressively and outside the bounds of constitutional ...
Dominik Lett Since taking office in January, President Trump has repeatedly suggested downsizing and eventually eliminating the Federal Emergency Management Agency (FEMA) and returning disaster responsibility to the states. Trump’s instincts are right on the money: Decades of federal intervention in what has traditionally been a state-led process have produced slow, inefficient disaster responses, poor mitigation, and wasteful boondoggles. A ...