Monday March 25, 2019

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What do you think about the college admissions scandal?:

1) There's so much of academia that is misleading and agenda-driven. This is a chance to evaluate the whole university system.

2) I'm glad that some of these wealthy parents and colleges were caught for their deception, but I don't think it's widespread.

3) It reminds me of affirmative action, another example of undeserving sudents getting in before deserving ones.

4) People have been making large donations to colleges for years and getting their kids in. This is nothing new.

5) If it diminishes the prestige of "elite" colleges, it's good that it has come to light.

6) The on-campus college experience is no longer as valuable or necessary as it used to be and this reinforces that.

6) None of these.

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Veronique de Rugy

Trump’s rose-colored forecasts surprisingly accurate ± for now

03/22/2019 - 3:28pm

Veronique de Rugy

ECONOMIC FORECASTS: March 21, 2019 Much of my time is spent criticizing politicians for misrepresenting the impact of their policies. So, for once, I’d actually like to note an area where the Trump White House has represented the impact of its policies more accurately, and even better, than any other administration: economic growth forecasts. It may not sound like much, and I’d rather...

Innovative treatments may require equally innovative health care payment models

By: Veronique de Rugy 02/17/2019 - 7:15pm

HEALTH CARE: February 14, 2019 What Sen. Bernie Sanders’ “Medicare-for-all,” former President Obama’s Affordable Care Act and former House Speaker Paul Ryan’s Medicare “premium support” model all have in common is an overemphasis on health insurance coverage — who needs it, who is eligible for it, at...

PURPA and why central planning fails

By: Veronique de Rugy 02/07/2019 - 8:20pm

CENTRAL PLANNING: February 7, 2019 In F.A. Hayek’s 1988 book, “The Fatal Conceit,” the economist explained, “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” Unfortunately, politicians of both parties today imagine they can design quite a lot...

Killing two birds with one millstone hung around America’s neck

By: Veronique de Rugy 01/31/2019 - 11:50am

TARIFFS: January 31, 2019 Wisconsin Republican congressman Sean Duffy recently introduced a bill to give President Trump new powers to raise tariffs in response to actions taken by other individual countries on American goods. This effort to expand the president’s power should make the White House happy, since Trump is eager to see his trade...

Be careful what you wish for on the minimum wage

By: Veronique de Rugy 01/27/2019 - 9:07pm

MINIMUM WAGE: January 24, 2019 We have a saying in France that goes something like this: With enough “ifs,” we could put Paris in a bottle. In other words, if you assume away all the difficulties of the real world, you can achieve miracles. This proverb was all I could think about when reading Ginia Bellafante’s recent column in...

Trump paving the road to overtime pay with good intentions

By: Veronique de Rugy 01/18/2019 - 3:46pm

OVERTIME PAY: January 17, 2019 Back in 2016, the Obama administration passed an overtime-pay regulation that would have required employers to pay overtime for salaried employees who earn less than $47,476 per year. But its implementation was blocked by a federal judge in November 2016 in response to a lawsuit filed by states and businesses. That...

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