By Thomas P. Miller
By Vaclav Smil
By Roger F. Noriega
What’s New on AEI
What was the biggest math story of 2014 according to the popular Political Calculations blog? It’s a math story of statistical fraud that reaches all the way into the Oval Office, and was reported on this blog numerous times this year.
Washington is grabbing too much power — just look at Obamacare, environmental regulations and education standards. That has been a constant complaint of conservatives, not only during Barack Obama’s presidency but during George W. Bush’s as well.
| The Week
The Obama administration needs an integrated strategy for dealing with North Korea, not a spasmodic response that has no more upside than us being able to boast, “We got you back!”
Going by objective standards of reason and fairness, Al Sharpton is not to blame for the assassination of two New York City cops over the weekend.
Most Americans are happy that the price of oil has tumbled, helping consumers while hurting nasty regimes abroad. There are always worriers among us, though, and what has them alarmed today is that this decline will tip the U.S. into a damaging round of deflation.
There are millions of old-fashioned, magnetic-strip credit cards in the US, and they are fairly easy to breach. Chip-and-pin cards protect one of America’s favorite pastimes – holiday shopping.
A recent hearing on the findings of the blue-ribbon National Defense Panel points to several key items that need to be on the Pentagon’s to-do list over the final two years of the Obama administration.
While it’s certainly an overreaction to argue that Bush’s support for Common Core is a poison pill before the first ballot is cast, the tea leaves suggest an uphill climb in the key states that will make or break Republican nominees.
Among the many myths advanced to help inflate perceptions of Obamacare’s success is the lore that the new exchanges are sites of robust competition and choice.
Rolling Stone magazine has been criticized for publishing serious accusations without bothering to interview those it accused to check the facts and get their side of the story. So why is it wrong for Rolling Stone to do this, but okay for Sen. Dianne Feinstein?
Less decent-paying work for less-educated men, cultural shifts away from marriage-centered familism, and the erosion of masculinity have drastically reduced marriage rates and eroded American society.
The Fed’s decision to end the QE purchases was easy. The harder decision – when to raise the funds rate – lies ahead. Could the data provide a compelling case by June in favor of tightening given the risk of making a policy mistake that would be difficult to reverse? It’s possible, but not likely.
Though the Federal Reserve now publishes the Federal Reserve Board members’ forecasts for the future path of a key Fed-set interest rate, historically, these Fed forecasts have not predicted the rate especially well. This suggests that the Fed’s new push towards transparency should be met with at least some measure of skepticism.
Much of what we hear about the plight of American women is false. Some faux facts have been repeated so often they are almost beyond the reach of critical analysis. Though they are baseless, these canards have become the foundation of Congressional debates, the inspiration for new legislation and the focus of college programs.