Recent Posts

The UK’s new identity politics sounds familiar

  Democracy, under siege in many parts of the world, received a serious blow in its homeland last week. In a series of jaw-dropping pronouncements, members of the Conservative British government asserted that some people were more equal than others. Home Secretary Amber Rudd proposed forcing companies to disclose how many foreign workers they employ, and threatened to “name and ...

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Where the Nobel Prize for economics came from

  In 1951, U.S. central bankers re-established their autonomy after almost two decades of taking orders from the Treasury Department with the Treasury-Federal Reserve Accord. In 1955-56, the German Bundesbank, which had its autonomy guaranteed in the country’s new constitution, successfully withstood a political assault from Chancellor Konrad Adenauer. In Stockholm, the governor of the Riksbank, Per Ã…sbrink, looked on ...

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Some Democrats stay quiet on US voting reforms

  Remember how some Democrats were making a big deal about voting reforms earlier this year? They promised that if they won they would push for automatic voter registration, voting for ex-felons and better administration of elections. The good news for advocates of making voting easier is that the Democratic national platform wound up having a strong plank supporting reform. ...

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