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AEI president Arthur Brooks joins this week’s episode to discuss the year in review and the future of the free enterprise movement.
This year, as every year, I believe AEI scholars are setting the standard for intelligent, civil, and nonpartisan analysis.
We’ve made a lot of economic progress in the last half century thanks to free market capitalism and global competition as this example illustrates — for what a single Sears TV console cost in 1964, the same amount of inflation-adjusted dollars today can buy five modern kitchen appliances and seven state-of-the-art electronics items, including a laptop computer, iPhone, iPod and a 55-inch Samsung Smart HDTV.
The holiday season may be a good time to provide some suggestions for how commentators and citizens can go forward at a time when, even more than usual, narrow margins seem to be producing widely different outcomes.
Hassett and Zhong seek to explain two aspects of betting markets: the tendency for longshots to win less often than odds would indicate and the tendency for favorites to win more often. They present empirical evidence that is consistent with the predicted presence of Knightian uncertainty and that Knightian uncertainty may be not learnable to the traders in prediction markets.
Bringing jobs back from overseas makes for a promising campaign pledge. But filling domestic jobs through skill upgradation and changing the image of manufacturing to make it a more appealing career choice can be a more practical and achievable jobs policy.
Turkish President Recep Tayyip Erdogan may depict the assassination as an aberration, but Monday’s violence will be the new normal for Turkey.
Many worry that Trump’s election is a sign of the apocalypse, but education is one domain where the upheaval is welcome.
Putin is a man driven by a set of beliefs he has consistently articulated for almost a decade, and a set of goals he is now poised to realize — unless Trump understands who he is up against.
Currently, there is a strong national impulse towards pathologizing combat experience, or even, in more extreme versions, all military service: viewing war as a disease which produces constellations of violent symptoms, rendering soldiers as victims, who must be treated only as patients.
