Today Stanley Fischer submitted his letter of resignation from the Federal Reserve’s Board of Governors, effective next month, the second such resignation of Donald Trump’s presidency. While Fischer’s term as Vice Chairman of the Fed was set to end next year, he had the ability to serve as a governor through 2020. Along with Trump’s
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If parents were to lock their children in a confined space for a lengthy period of time, it is highly likely that those parents would be arrested for child abuse and their parental rights threatened. (In fact, this just happened in Arizona recently.) If public schools do this, however, the outcome is quite different. The
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Evidence suggests that socialism is becoming more popular in the United States. Yet there is reason to believe this is at least partly because Americans are pretty much clueless as to what socialism is. It’s been shown time and again that many people who say they love socialism cannot accurately describe its basic tenets if
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In 1966, just over 50 years ago, the distinguished Canadian-born anthropologist Anthony Wallace confidently predicted the global demise of religion at the hands of an advancing science: ‘belief in supernatural powers is doomed to die out, all over the world, as a result of the increasing adequacy and diffusion of scientific knowledge’. Wallace’s vision was
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Two years ago, Raleigh, North Carolina, was expecting a severe ice storm and some minor accumulation of snow. For those living in the Northeast that is just a typical Tuesday. But for those of us living in North Carolina, it is a reason to go into full panic. The Price of Milk So I decided
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If you are one of the millions who passes through New York City via the Cross Bronx Expressway, you have seen up close the devastating impact of New York City’s rent controls. As you grip your steering wheel on the poorly maintained expressway and look at the terrible conditions of the tenements all around, you
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