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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 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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In the leading article for the October issue of Chronicles Magazine, John Derbyshire suggests three outcomes for the November election: The Democrats win, the Republicans win, or the country descends into chaos. Sadly, more individuals seem to be entertaining thoughts of the latter. Those negative thoughts aren’t without merit. As Derbyshire explains, two election wins
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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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Marx and Engels are still revered in certain circles, as is the system of thought they invented in the 19th century. Indeed, on the Left, they are treated with the reverence that used to be reserved in the U.S. for the likes of George Washington, Thomas Jefferson, and Theodore Roosevelt. But there is a specter
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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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