Monetary stability is essential for countries to thrive. A stable currency reduces uncertainty about the future price level, allowing businesses to make long-term investment decisions without worrying about the negative impact of unexpected spikes in inflation. This is in turn boosts economic growth via higher investment spending. Central banks are supposed to guarantee monetary stability.
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At a dinner party several years ago, a woman and I chatted about education and parenthood. I had just met her and when I told her about our unschooling approach to education that prioritizes self-directed learning, she was visibly perplexed. “Don’t you worry about outcomes?” she asked. Yes, I replied. I want my children to
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The Trump-Russia collusion fiasco supposedly ended several weeks ago. For some reason, however, the whole collusion story continues to play like “The Song That Never Ends.” Now congressional Democrats and Attorney General Barr are picking up the refrain where Mueller left off. Add in President Trump’s occasional quips about the incident and collusion seems like something
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In 1996, W.W. Norton & Company published Dumbing Down: Essays on the Strip-Mining of American Culture. In this collection of essays, 23 writers came together to address culture and its “ominous slippage, a shift towards the bizarre, the third-rate, the purely opportunistic.” Contributors included well-known authors Joseph Epstein, Cynthia Ozick, Phillip Lopate, Armstrong Williams, and Heather
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They finally came for George Washington. The perpetual war on history now has the father of our country in its sights as the San Francisco Board of Education considers removing a mural of Washington from a local school. If the board succeeds in politicizing Washington, whose legacy was once so secured and uniting that his home
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Every poll needs a headline takeaway. This one was a heck of a thing to wake up to: “Four in 10 Americans Embrace Some Form of Socialism.” The poll comes from Gallup. It compares attitudes toward socialism today in the U.S. with a similar poll in 1942. Back 77 years ago, 25 percent of Americans
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