Nicholas Anthony Who should be trusted with the future of money? Amit Seru, a professor of finance at Stanford Business School, recently took to the pages of the New York Times to call for that future to be held in the hands of the state. He argued that trusting money to the private sector would result in a system that ...
Ryan Bourne Last month, a federal judge in Rhode Island struck down the Trump administration’s attempt to restrict National Endowment for the Arts (NEA) funding from groups that “promote gender ideology.” The outcome is legally unsurprising. For grants or subsidies to private actors, the First Amendment forbids the government from penalizing a particular viewpoint. In this case, the court also ...
Jeffrey Miron When New York’s Attorney General Letitia James prosecuted Donald Trump for financial fraud—claiming he misstated property values to potential lenders—many Trump supporters viewed the prosecution as politically motivated. When a federal grand jury indicted James for bank fraud—alleging she lied in a mortgage application—many Trump critics had the same reaction. Is there a way to remove politics from ...
Walter Olson Number sixteen in our series of occasional roundups on election law and policy: “After reviewing state voter rolls going back to the 1980s, Louisiana’s Republican secretary of state announced this month that ‘non-citizens illegally registering or voting is not a systemic problem in Louisiana.’ That finding aligns with years of research.” [Gabriella Sanchez and Kevin Morris, Brennan Center] New ...
Erec Smith Challenging the prevailing narrative and upholding one’s principles in higher education is often a solitary endeavor. Even tenured colleagues sympathetic to the challenger’s ideas may retreat, fearing only exclusion from the next faculty cocktail party. That is why I notice when someone shows courage, as Mathew Abraham did in 2019 when I faced attacks for criticizing “anti-racist” pedagogy. ...
Gabriela Calderon de Burgos and Marcos Falcone On October 9, US Treasury Secretary Scott Bessent announced that the US has bought Argentine pesos and finalized a $20 billion currency swap framework with the country’s Central Bank (BCRA). The specifics of the swap, along with forms of assistance the Trump administration has indicated it is ready to provide to support the Milei ...
Jennifer Huddleston and Christopher Gardner Recent debates around a potential moratorium on state-level artificial intelligence (AI) laws have raised questions about what might happen without federal action on AI. Opponents of the moratorium often express concerns about what might happen if there is a gap between such a moratorium and the establishment of a federal AI framework. However, many concerns ...
Travis Fisher I joined Congressman Dan Crenshaw on his Hold These Truths podcast to talk about climate policy, energy reality, and the Department of Energy climate report I helped coordinate under Secretary Chris Wright. I pointed out how climate science—especially in the Intergovernmental Panel on Climate Change’s technical chapters—is full of uncertainties and caveats, while the summaries and headlines strip ...
James A. Dorn Joel Mokyr, the Robert H. Strotz Professor of Arts and Sciences and professor of economics and history at Northwestern University, was awarded the Nobel Prize in Economic Sciences today, along with Philippe Aghion of the Collège de France and the London School of Economics and Peter Howitt of Brown University. Below is a January 2024 commentary about ...
Michael F. Cannon I’ve got a piece up this morning at NRO explaining the only defensible deal Republicans could strike on extending Obamacare subsidies for the wealthy is one that frees people to choose better, more affordable health insurance. All they have to do is marry one Trump policy and one Obama policy: At a time when Republicans should be building ...