Virginia Postrel interviewed some current undergraduates at the college she went to, Princeton, and came back with a column for Bloomberg about how the university is building character by challenging students.

From a memo by Bloomberg News editor in chief John Micklethwait, as reported by the New York Times: "if you are not intrigued by how people make money, or are inclined to sneer at those who are good at it, or yearn to practice 'gotcha journalism' on investment bankers simply because they've chosen to be bankers, Bloomberg is probably the wrong place for you."

Mr. Micklethwait did not point to any specific examples of sneering, "gotcha" articles that he regrets having published, much less remove them from archives or databases, append editor's notes or corrections to them, or issue apologies to the targets of them. But it's nice to know, I suppose, that he considers that it has been a problem.

The underestimated Jimmy Carter has been a theme here.

The libertarian Cato Institute has a podcast out today about President Carter's successful record of deregulation: "Carter's deregulation of air travel, commercial trucking, rail shipping and oil have delivered substantial and ongoing dividends to Americans."

The difference between the privately run lines at Disney World and the government-run security lines at Orlando International Airport is the topic of my column this week. Please check it out at the New York Sun (here), the New York Post (here), Reason (here), and Newsmax (here).

A new paper from Adam Bonica of Stanford University, Adam Chilton of the University of Chicago, and Maya Sen of Harvard University combines an analysis of the Federal Election Commission's campaign finance database and the Martindale-Hubbell law directory to generate an interesting look at the politics of American lawyers.

The paper uses a scale of -2 to +2, with -2 being most left-wing and +2 being most right wing. "American lawyers lean to the left of the ideological spectrum," the paper says.

The paper also looks at lawyers in comparison to other professions. Technology firms, newspaper and print media, and academics are even more left wing than lawyers; professionals in banking and finance and medical doctors are more conservative: "the median lawyer is well to the left of the respective medians for accountants; bankers and financial workers; and medical doctors." Says the paper:

One of the best books I have read in the past few years was William Easterly's The Tyranny of Experts. (I mentioned the book in recent columns about the Rockefeller foundations and about the Trump Recession.)

Professor Easterly, who teaches at NYU, and two other economists have reframed some of the material in that book about the history of the development of Greene Street in Manhattan and put it into a working paper. They also have a slick interactive web site about the street. From the paper:

Wall Street Journal article reporting that the former chairman of the House banking committee, Barney Frank, is joining the board of Signature Bank. (The former chairman of the Senate banking committee, Alfonse D'Amato, is also on the bank's board.)

"To Restore Trust in Government, Slow Wall Street's Revolving Door," headline, Huffington Post op-ed by Senator Tammy Baldwin of Wisconsin and presidential candidate Hillary Clinton. Bill and Hillary Clinton were paid a total of $875,000 in 2013 for four speeches to Goldman Sachs.

Walmart announced earlier this year that it is increasing its minimum wage to $9 an hour, which is higher than the federal minimum. Now Bloomberg News has an article about the unintended consequences — fewer work hours for employees and less help for customers:

The prospect of President Donald Trump restricting immigration, imposing protectionist tariffs on trade, and raising marginal tax rates is spooking global stock markets, I write in my column this week. Please check it out at the New York Sun (here), Reason (here), and Newsmax (here).

Rupert Murdoch is encouraging Michael Bloomberg to get into the presidential race. It's interesting to think about as a contrast to Donald Trump on trade, immigration, and even tax. No one else, with the notable exception of Megyn Kelly, seems willing or able to stand up to Mr. Trump.

Back on August 11, I predicted that Hillary Clinton's team, defending her in the email situation, would cite Daniel Patrick Moynihan's book on overclassification

.@jimgeraghty http://t.co/1J0zhiqOGS book that team Hillary should be reading

— Ira Stoll (@IraStoll) August 11, 2015.

Sure enough, today's Wall Street Journal Best of the Web column by James Taranto, headlined, "The Moynihan Excuse," cites the New Yorker's Jeffrey Toobin making exactly that argument. Only a 9 day lag time, but hey, it's the summer.

Grand Rounds, a four-year-old company that has raised $106 million in venture capital and counts Comcast, Costco, and Jamba Juice as clients, is the topic of an article in Bloomberg News.The company and others like it offer second opinions on whether costly surgery is actually necessary:

Grand Rounds Chief Executive Owen Tripp says about two-thirds of all its reviews lead to changes in diagnosis or treatment. The number "still shocks me," Tripp says. "Most of the frontline care we deliver today is either inadequate or ineffective."

The Guardian takes a look at how rent control doesn't work in Stockholm, Sweden:

the system is experiencing acute pressures. Building of rental homes almost dried up after a financial crisis in the early 1990s, and there is a dire shortage of properties. Demand is such that it is almost impossible to get a direct contract. With nearly half of all Stockholmers – about 500,000 people – in the queue, it can take 20 or 30 years to get to the top of the pile....

The result is a thriving rental property black market, with bribes of as much as 100,000 kronor per room to obtain a direct contract, McCormac says. Many people sublet space in their rental apartments. When one tenant advertised a tiny closet last year for rent, there were many potential takers. "It is almost impossible for immigrants and new arrivals to penetrate this market – it is all about who you know and how much money you have," McCormac says.

The mystery missing issue in the presidential campaign — monetary policy — is the topic of my column this week. Please check it out at the New York Sun (here), Reason (here), and Newsmax (here).

Donald Trump's presidential campaign has put out a detailed policy paper on immigration, claiming "black Americans have been particularly harmed" by the influx of immigrants. Mr. Trump's position paper says:

Raising the prevailing wage paid to H-1Bs will force companies to give these coveted entry-level jobs to the existing domestic pool of unemployed native and immigrant workers in the U.S., instead of flying in cheaper workers from overseas. This will improve the number of black, Hispanic and female workers in Silicon Valley who have been passed over in favor of the H-1B program. Mark Zuckerberg's personal Senator, Marco Rubio, has a bill to triple H-1Bs that would decimate women and minorities.