Will Obama Work on Wall Street After White House?

June 28, 2016 at 4:39 pm

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Barack Obama's post-presidential career plans are the topic of my column this week, which also gets into how Donald Trump and Hillary Clinton are talking about Wall Street on the campaign trail. Please check out the full column at the New York Sun (here), Reason (here), and Newsmax (here).

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Obama Slams Socialism (In India)

June 26, 2016 at 9:29 am

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President Obama's interview with Bloomberg Businessweek and Bloomberg News is the topic of my column this week in the Las Vegas Review-Journal. "One of the infuriating things about Barack Obama is the way he can be both totally right and totally wrong at the same time, even in the course of a single interview." Please check the column out here.

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Thoughts on the Brexit

June 24, 2016 at 12:12 am

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The vote on Britain's exit from the European Union was one where there are reasonable arguments on both sides.

On the "remain" side, if one generally favors, as I do, the free flow of people and goods across borders, an exit raises risks of new barriers. And Britain was probably a force pulling Europe toward generally less socialist policies.

On the "exit" side, I can definitely sympathize with British desire not to be ruled by a bunch of far-away bureaucrats, who, if they were elected at all, were elected largely by people from other countries.

But with the results looking like a win for "exit," here are a few election-night thoughts to provide context.

1. This is a classic example of "exit" within the Albert Hirchman "exit, voice, and loyalty" framework that I've written about here in the past.

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How Trump and Bezos Could Bury the Hatchet

June 21, 2016 at 11:00 am

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The cutting edge of retail is the topic of my column this week, about the feud between Donald Trump and Jeffrey Bezos and how it might be resolved:

Americans used to worry about job loss because our manufacturing jobs had turned into lower-wage positions as Walmart greeters or cashiers selling made-in-China goods. Then we worried about job-loss as the Walmart greeter and cashier jobs turned into temporary jobs picking out orders at Amazon warehouses (or overseeing robots that did that).

Now we're approaching the day at which we don't need either the Walmart store or even the American-based Amazon warehouse or distribution center. Instead, the item just gets mailed directly to your house by some low-wage worker in China.

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Gun-Buy Ban For Aiding Terror? Add Obama, Feinstein To List

June 19, 2016 at 10:29 am

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The idea of banning gun sales to those who provide material aid to terrorists is the topic of my Sunday column in the Las Vegas Review-Journal. Please check it out here.

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Birth Control Leads to More Births, Economists Find

June 14, 2016 at 12:06 pm

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Talk about your unintended consequences. A new working paper by two Notre Dame University economists, Kasey Buckles and Daniel Hungerman, issued by the National Bureau of Economic Research, found that making condoms available in high schools, rather than preventing teen pregnancy, serves instead to promote it. They write:

We find clear evidence that access to condoms in schools leads to an increase in teen fertility...The effects are reasonably large in magnitude: access to condoms for the entire high-school-aged population in a county would lead to about 5 extra births per 1,000 teenage women, or a 10 percent increase relative to the mean. Since the average program covered about one-third of the teenage women in the county, the typical program led to an additional 2 births per 1,000 teenage women... School condom distribution programs could encourage risky sexual behaviors, promote the use of the condom over methods that better prevent pregnancy, or cause schools to shift resources away from more effective programs.

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Racism Flap May Help Trump

June 13, 2016 at 9:28 pm

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Donald Trump's comments about Judge Gonzalo Curiel were the topic of a column I wrote for Sunday's Las Vegas Review-Journal. Please check it out online here.

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Left Has No Solution To Orlando

June 13, 2016 at 9:13 pm

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The terrorist attack in Orlando was the topic of my column this week. Please check it out at Heat Street (here), the New Boston Post (here), the New York Sun (here), and Newsmax (here).

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Libertarianism as Ten Questions

June 10, 2016 at 4:54 am

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At the Popehat blog, Ken White has a nifty post under the headline "Libertarianism as Ten Questions Rather than Ten Answers."

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Tamny on the Fed

June 10, 2016 at 4:51 am

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John Tamny's new book, Who Needs the Fed? What Taylor Swift, Uber, and Robots Tell Us About Money, Credit, and Why We Should Abolish America's Central Bank, is the topic of my column this week. Please check the column out at the New York Sun (here), Reason (here), and Newsmax (here).

After the column was published, the New York Times provided yet another example of the phenomenon I wrote about. It was a food section article about the chef and restaurant operator David Bouley:

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Trump Violates Biblical Law With Attack on Judge

May 31, 2016 at 11:55 pm

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The commentariat is in a collective uproar over the blistering attack on a federal judge, Gonzalo Curiel, that was unleashed over the weekend by the presumptive Republican presidential nominee, Donald Trump.

"If he is willing now to bully a judge overseeing a case involving his business, what respect for the separation of powers can we expect if he is president?" the Washington Post asked in an editorial, accusing Mr. Trump of displaying "disrespect for constitutional norms." A columnist at the paper, David Post, described the comments as "terrifying... a not-too-thinly-veiled attack on the notion of judicial independence and the rule of law."

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Yuval Levin Fractured Republic

May 31, 2016 at 1:45 pm

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Yuval Levin's new book The Fractured Republic: Renewing America's Social Contract in the Age of Individualism was the topic of my column last week. Please check the column out at the New York Sun (here), Reason (here), and Newsmax (here).

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Johnson Weld 16

May 31, 2016 at 1:29 pm

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The Libertarian Party's presidential ticket of the former governor of New Mexico, Gary Johnson, and the former governor of Massachusetts, William Weld, is the subject of my column this week. Please check it out at the New York Sun (here), the New Boston Post (here), and Newsmax (here).

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Another Defeat for Preet

May 23, 2016 at 1:01 pm

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It's starting to look like a pattern: another resounding defeat for the U.S. attorney for the Southern District of New York, Preet Bharara, dealt by the federal judges who ride the U.S. Court of Appeals for the Second Circuit. Today the opinion came from Judges Raggi, Wesley, and Droney, who struck down a $1.2 billion civil penalty that had been imposed on Bank of America. The appellate judges found that the federal prosecutors had failed to show any evidence that the bankers had violated the federal mail and wire fraud laws under which they had been charged.

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Capitalist Enemies of Capitalism

May 19, 2016 at 12:27 pm

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The search engine operator Google changes the design of its main search web page, Google.com, from time to time to honor special events. The redesign is known as a "Google doodle." Today's "Google doodle" marks the 95th birthday of Yuri Kochiyama.

Officially, Google explains the situation as follows:

It's with great pleasure that Google celebrates Yuri Kochiyama, an Asian American activist who dedicated her life to the fight for human rights and against racism and injustice. Born in California, Kochiyama spent her early twenties in a Japanese American internment camp in Arkansas during WWII. She and her family would later move to Harlem, where she became deeply involved in African American, Latino, and Asian American liberation and empowerment movements. Today's doodle by Alyssa Winans features Kochiyama taking a stand at one of her many protests and rallies.

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