The grim and isolated life many Americans have adopted during the ongoing COVID-19 crisis is often referred to as the “new normal.” But when it comes to the economic side of the pandemic, we should all hope that this year’s business shutdowns, massive government interventions, runaway spending, and skyrocketing deficits are not here to stay.
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Shortly before New Year’s Day, 2018, I resolved to read Will and Ariel Durant’s The Story of Civilization, that eleven-volume literary Mount Everest that weighs more than 30 pounds and runs to nearly 10,000 pages. Sticking to a New Year’s resolution or a Lenten vow is not my strong suit. Ten years ago, one of my
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Seat belts save lives. Child safety seats save lives. These statements seem blindingly obvious. But everything has a cost. Two American economists recently studied the social effects of mandating child safety seats from 1973. They concluded, counterintuitively, that the conventional wisdom is both right and wrong. They estimate that these popular laws prevented only 57
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The Coronavirus crisis hit children as hard as any other segment of the population. All familiar routines were suddenly ripped away from them. Thousands are still doing school online. Many state mask mandates include young children. For children old enough to remember it in the future, the year of Coronavirus, will be a significant event
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The first presidential debate of 2020 is done and dusted. Thank God. President Donald Trump and former Vice President Joe Biden squared off Tuesday night in a raucous affair most Americans would probably just as soon forget. The debate, though at times entertaining, was thin on policy but heavy on invective, cliches, and interruptions. An
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With just a month left until the November 3 U.S. presidential election, contracting the virus could have politically positive or negative consequences for President Donald Trump. These will, of course, be contingent on how severe the president’s illness becomes. But we should not count him out and Biden in just yet. Here are the ways
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