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The terrible trade-off of keeping schools closed

The terrible trade-off of keeping schools closed

Honestly acknowledging trade-offs is what makes for serious governing. A key difference between policy activists and policy analysts is that the former either severely minimize the existence of trade-offs or ignore them completely. Lower speed limits would save lives, but they would also waste more of our time and make it more expensive to ship goods around our continent-sized country. Sharply higher taxes might raise more revenue for government, but they could reduce incentives to work, save, and invest. Big budget deficits might juice the economy in the short run, but they could result in...

August 6, 2020
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Wall Street pines for President Biden

Wall Street pines for President Biden

Remember #BatTrump? Back when Donald Trump was running for the Republican presidential nomination, he the 2015 Iowa State fair, landing in the Trumpcopter and then offering rides to children. One of the kiddies, a 9-year-old boy, asked the businessman, "Are you Batman?" To which candidate Trump replied, "I am Batman." Social media took notice.But which Batman? There are many different versions across comics, television, and film. Well, now we have an answer. In the 2012 film The Dark Knight Rises, Batman rescues Gotham City from the populist supervillain Bane, who the Gotham Stock Exchange...

July 7, 2020
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A coronavirus recession would likely end Trump's presidency

A coronavirus recession would likely end Trump's presidency

The global coronavirus outbreak might accomplish something that myriad haven't: make Republicans fear losing the 2020 presidential election.Until now, survey after survey has consistently shown President Trump losing to the Democrats in November. Like, to all of the Democrats. Yet Republicans have . They remember how the #FakePolls showed Trump losing to Hillary Clinton four years ago. More importantly, perhaps, GOPers have a deep faith that the strong economy will provide a powerful tailwind to Trump's re-election campaign.But the plunging stock market, badly spooked by the unpredictable...

February 28, 2020
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