Higher Education Too Often Values Second-Rate Economics Research over Teaching

People act according to incentives, and university professors are no exception. Professors receive tenure and promotion based largely on the number and quality of papers they have published in their area of expertise. The number of papers published is a simple metric, but how should the quality of publishing be judged? Surely the quality of published research should be judged on the extent to which it benefits society.

What Israel Is Doing to Gaza Is a Choice

Anyone who has voiced opposition to what the government of Israel is currently doing in Gaza has undoubtedly heard the various ways Israel’s defenders excuse, dismiss, and justify Israel’s actions. Sometimes you’ll hear that the Israel Defense Force (IDF) is doing everything in its power—more than any other military in history—to avoid hurting civilians and that Hamas is responsible for any innocents who get killed because they are using them as human shields.

How the Fed Helped Create the China Bubble—and Bust

The salvo from Washington as it unleashes the Green War with China leaves no doubt about the perilous state of Sino-US relations, and, incidentally, about Bidenomics. Yet, the remnant of a strong monetary link between the two countries brakes the journey into an intensified cold war between the two countries. Monetary realities mean the brewing cold war will likely occur in a more winding fashion than the headlines suggest.

Poor Consumer Confidence Is a Consequence of the Wrong Policies

Consumers are unhappy with the United States economy, and it makes sense. Consumers in the United States survive on soaring credit card debt, while inflation, the hidden tax, weakening labor, and real disposable income figures prove that the economy is far from strong.

The renewed slump in University of Michigan consumer sentiment proves that the recent bounce was short-lived, and the index continues to be well below the 2019 level. Citizens are suffering the consequences of inflationist policies.