Professor Frank Gunter has learned that, the next time Lehigh University asks him to talk about poverty, he should keep his mouth shut. For doing what Lehigh had asked, Gunter was attacked by students and faculty who seem to believe that certain thoughts need to be carefully “contextualized” — and others don’t, explains Frederick Hess.
Few policymakers seem to be anticipating a world with higher inflation, higher interest rates, and greater fiscal challenges for Washington, writes James Pethokoukis. Yet the pandemic and the tsunami of money being spent to fight it should encourage lawmakers to think harder about this possibility.
That the Joe Biden administration is discarding the Donald Trump fair-access rule does not bode well for a policy-driven strengthening of US economic performance, in the capital market and many others, writes Benjamin Zycher.
Desmond Lachman explains that, despite the major changes in the monetary policy facts over the past few months, Jerome Powell sees no reason to change his earlier commitment to an ultra-easy US monetary policy for the next few years.
The annual celebration of the executive branch has become a more tragic story as the first branch of our government, the legislative branch, has increasingly taken the lead in its own diminution, so that it might be relieved of the burden of taking the lead in anything else, writes Yuval Levin.
The coronavirus pandemic underscores the catastrophic consequences of setting the Chinese Communist Party loose in the liberal international order — but many other unfamiliar new threats also lie in store, explain Dan Blumenthal and Nicholas Eberstadt.
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