Who’s wealthier, a Maasai elder or your average American?
Is Congress to blame for the “death of graduate school” or is it universities’ failure to heed price signals?
In late 2005, I would arrive at the office early and catch up on the latest news of sectarian violence in Iraq. It made for gruesome reading—bodies discovered in vacant houses, tied to chairs with clear evidence of torture. A favorite tool seemed to be power drills, which were used on knees, ankles, heads. There …
The American boy of 1854 stood nearer the year 1 than to the year 1900. The education he had received bore little relation to the education he needed. Speaking as an American of 1900, he had as yet no education at all. He knew not even where or how to begin.1 If science were to …
On the tension among “universal” values, world order, and U.S. power
In a Chickenhawk nation, policy still matters (featuring a case study on Somalia)
Why Quantitative Easing increased inequality, and we knew it would ex ante
Markets are pricing for utopia but is tectonic change afoot?
OMG. Millennials are idiots. They put less than half of their savings in stocks. When they’re old, they’ll subsist on a cat food diet because they were terrible investors. Reading this article on Vox.com raised my blood pressure and left me baffled/speechless.1 Conor Sen (@conorsen) asked me why, so I’ve pulled together some thoughts on why …
Nigeria is not a great country. It is one of the most disorderly nations in the world. It is one of the most corrupt, insensitive, inefficient places under the sun … It is dirty, callous, noisy, ostentatious, dishonest and vulgar. In short, it is among the most unpleasant places on earth!1 It’s dirty and an …