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We Assign a Failing Grade to Econonics Nobel Laureates
What these Nobel laureates carelessly overlook is the harm caused by Harris’ economic plans.
Last week, twenty-three Nobel prize-winning economists released a letter supporting Kamala Harris’ economic vision as being “vastly superior to the counterproductive economic agenda of Donald Trump.” While admitting that Harris’s “details of the presidential candidates’ economic programs are not fully laid out yet,” the authors imply that Vice President Harris holds the key to an economic wonderland where incomes rise for the poor and middle class, housing prices magically decline, and economic inequality shrinks to nothing. In addition, the letter suggests that, if left to his villainous devices, Mr. Trump would gleefully rule over an economy that engorges fat cats while resigning the rest of America to scraps.
Sadly, instead of writing a letter that illuminates what Nobel prize-winning economists can teach us, the authors of the letter fail to improve our understanding of economic policy. Despite their impressive credentials, their explanation of why Harris’ economic plan for the nation will trump Trump’s proposals is non-existent. The authors simply say “We’re really smart. Trust us.”
Politics
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Liberal Democracy Reexamined: Leo Strauss on Alexis de Tocqueville
This article explores Leo Strauss’s thoughts on Alexis de Tocqueville in his 1954 “Natural Right” course transcript.
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Long Distance Migration as a Two-Step Sorting Process: The Resettlement of Californians in Texas
Here we press the question of whether the well-documented stream of migrants relocating from California to Texas has been sufficient to alter the political complexion of the destination state.
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Who's That Knocking? A Study of the Strategic Choices Facing Large-Scale Grassroots Canvassing Efforts
Although there is a consensus that personalized forms of campaign outreach are more likely to be effective at either mobilizing or even persuading voters, there remains uncertainty about how campaigns should implement get-out-the-vote (GOTV) programs, especially at a truly expansive scale.
The Claim That Trump Is Causing a Constitutional Crisis Ignores a Key Reality
Claims of an ongoing constitutional crisis are overblown.
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The Climate Has Changed on Climate Change
It’s time to look dispassionately at climate change as just one of the many challenges facing humanity.
The Looming Debt Crisis, the Trump Tax Cuts, and Medicaid
Controlling federal budget deficits is a national imperative that will require reductions in entitlement spending (including Medicaid) and stronger economic growth (including from tax reform).
