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One way to reform American higher education is to create a separate and streamlined path for new organizations that wish to access federal student aid before they achieve official accreditation.

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Federal Reserve Chair Janet Yellen tours a work training facility in Chelsea

It is perfectly appropriate for the Federal Reserve chair (occasionally) to discuss the size of the rich-poor gap, its trend over time, and its economic causes and consequences. But the Fed chair should do so as an impartial, dispassionate analyst.

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With the 2014 midterm elections just a few days away, Republican candidates seem more interested in boosting education spending than talking about school reform.

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Crony capitalism’s increasing influence is sapping the vitality out of the US economy and undermining public support for the American model of capitalism.

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Polls show that the economy is still the most important issue for voters this election. Karlyn explains that many Americans still think we’re in a recession.

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Reuters

North Korea has conducted two of its three nuclear tests during the Barack Obama presidency. Rumors of a fourth circulate constantly. Yet the White House has no apparent strategy, diplomatic or otherwise, to restrain Pyongyang’s continuing enrichment and weaponization activities.

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Any of our jobs can be a “helping profession.” It just requires the right approach.

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A weekly snapshot of news, views, and economic cues from AEI’s Economic Policy Team

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This Political Report presents public opinion on a variety of current topics, including the increased violence in Iraq, Iran, and Nixon’s resignation, as its 40th anniversary approaches on August 8, 2014. This issue also gives a midterm election lay of the land as we head into November.

 

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Remembering Walter Ehlers, who had been the last surviving Medal of Honor recipient from the invasion.

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