What is the principle that underlies the Republican Party? I’d say there really isn’t one. Big government, religion-based censorship, huge spending, authoritarian tendencies, no need for ethics, honesty, integrity. Minimize freedom in many cases, except for complete freedom regarding guns, to the point of lunacy. Similarly, what is the principle that underlies the Democratic Party? […]
The failure of Silicon Valley Bank (SVB) on March 10 was the second largest bank failure in US history. Just two days following SVB’s collapse, Signature Bank joined the record books as the third largest bank failure in US history. First Republic Bank also seemed on the edge of collapse until Bank of America, Citigroup, […]
I have just uploaded to SSRN a draft of a forthcoming article I have coauthored with Kevin Quinn and ByungKoo Kim entitled Twenty-First Century Split: Partisan, Racial, and Gender Differences in Circuit Judges Following Earlier Opinions. We have not started the editing process, so we would love to read any comments you might have. Here […]
David Koresh was a spiritual leader who saw himself as the final prophet in a world that was coming to an end. Though Koresh and his followers were largely peaceful, they were amassing weapons as a way to defend themselves when the apocalypse came. Numbering about 100, the Branch Davidians lived a quiet existence in […]
“The fact is, America really is crazy when it comes to drugs,” said Ethan Nadelmann, founder of the Drug Policy Alliance, in a 2014 TED Talk. So what would happen if America actually ended its almost 52-year-old war on drugs? What can we learn from the example of Portugal, which decriminalized all drugs in 2000? What […]
In a dispute with Congress over the proper role of environmental, social, and governance (ESG) in retirement investing, President Joe Biden chose to promote progressive environmentalism. On Monday, Biden vetoed a congressional resolution to nullify a recent Labor Department rule issued that explicitly allows retirement managers to weigh ESG factors in investment decisions. Congress attempted […]
“The climate time-bomb is ticking,” declared United Nations Secretary-General António Guterres at the press conference on Monday launching the Intergovernmental Panel on Climate Change’s (IPCC) AR6 Synthesis Report. He called it “a survival guide for humanity.” The report is supposed to be a comprehensive summary of the scientific, economic, and policy findings of six earlier […]