In 1989, the economist John Williamson introduced the phrase “Washington Consensus” to the politico-economic lexicon. It was shorthand for a set of interrelated policies that, taken together, would free trade within states and between them while boosting overall...
Economists rely on Vector Autoregression (VAR) models to forecast macroeconomic time series that may infer the effects of structural shocks and estimate unobservable cyclical components of macroeconomic aggregates. A VAR model is made up of a system of equations that...
A decade ago I attended a charity event dedicated to children from all over the world that had experienced horrible things. There was a little girl, around 11, who had lost both of her legs and her eight year old brother. International doctors had managed to save her...
Conservatives are cheering and progressives are crying about the recent Supreme Court decision in the case of Students for Fair Admissions v. President and Fellows of Harvard College, which was consolidated with Students for Fair Admissions v. University of North...
There is growing speculation about how the Russia-Ukraine war might eventually end. Three competing scenarios are strong possibilities. The most likely outcome is a definitive Russian victory after a grinding, bloody struggle lasting several more years. As time drags...
The war in Ukraine has been going on for over a year and shows little signs of abating anytime soon. This is bad news for the people of Ukraine, who continue to suffer from Russian missile strikes and from their own government dragging men off the streets to send off...
Sometime since January 2021, Biden administration policymakers decided that they were infallible—or a “close enough for government work” level of infallible. They claimed a divine right to suppress the online posts and comments of conservatives and anyone else who had...
In case you missed it, France entered into a pseudo-civil war this past weekend. Rioters took to the streets, destroyed billions of dollars in local property, violent criminals pulled out their illegal guns, and there was nothing the average disarmed Frenchman could...
