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4/30/15

Clinton defenders advance an unpersuasive argument

Some of Hillary Clinton’s defenders have taken to saying that voters shouldn’t pay attention to the latest Clinton scandals — the gushing of often undisclosed millions to the Clintons and their organizations by characters seeking official favors — because the charges are just one more in a long series: Whitewater, the Rose law firm billing records, the Buddhist temple fundraising, the Lippo Group. So,...

Discussing Shinzo Abe’s visit to Washington: Auslin on WSJ’s ‘Opinion Journal’

from AEI » Latest Content http://ift.tt/1GJCM...

The story of the most amazing economic chart in Western civilization

I have referred to the above chart as “The most important economic chart in Western civilization.” How did that amazing growth trajectory happen? As Deirdre McCloskey suggests, the West became a business-admiring civilization and that changed everything. We started respecting and rewarding...

China’s demographics in the One Child Policy era: Answered and unanswered questions

Read the PDF. Members of Congress, Distinguished Co-Panelists, Esteemed Guests: It is a pleasure and a privilege to be invited here today to testify on China’s demographic evolution in the era of the One Child Policy. The general dimensions of what I have called “the global war against baby girls”[1] will, I am afraid, already be all too familiar to most of you, as will the general nature of that...

John Bolton talks energy and the election

AEI’s John R. Bolton discusses the issue of Iranian oil in the export market and the coming 2016 election with T. Boone Pickens. listen to ‘Episode 2: John Bolton talks energy and the election’ on audioBoom // from AEI » Latest Content http://ift.tt/1bGLF...

On the pluses and minuses of trade

Bill Galston give a nice summary of recent research on trade: In a 2013 study published in the American Economic Review, respected labor economists David Autor, David Dorn, and Gordon Hanson found that competition from Chinese imports was responsible for one quarter of the decline in U.S. manufacturing employment between 1990 and 2007. This competition depressed wages, labor-force participation and...

Why those ‘Reagan Recovery’ vs. ‘Obama Recovery’ comparisons don’t tell us much

The Drudge Report links (“OBAMA VS. REAGAN ON GROWTH — NOT EVEN CLOSE”) to a Gateway Pundit blog post featuring the above jobs chart, which was first posted at IJ Review. (Don’t worry, I think everyone here is getting a Drudge deluge of traffic.) Now it is hardly the only or first chart to highlight the economic recovery after the 1981-82 recession was stronger than the recovery we’ve seen after...

Creative destruction: Newspaper ad revenue continued its precipitous free fall in 2014, and it’s likely to continue

For the last several years, I’ve been regularly posting charts like the one above showing the history of US newspaper advertising revenue back to 1950, based on data from the Newspaper Association of America. Those charts have been noteworthy for several reasons. First, more than any of the hundreds...

Why raising minimum wages is riskier than expanding the EITC

The “Fight For 15” is a nationwide protest by fast-food workers for raising the minimum wage to $15 from its current level of $7.25. In these tough economic times, it is not hard to understand why workers would take to the streets to ask for higher wages. As per the latest employment release from the Bureau of Labor Statistics, the labor market recovery remains weak. There are nearly 738,000 workers...

Should Australia share intelligence with Iran? Pletka on Radio National’s ‘Between The Lines’

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What matters to parents in picking their child’s school?

School choice’s worst critics have been clear that they see a foul game afoot: Step One: An ill-intentioned charter or voucher school sets up shop Step Two: The school makes a pitch to the community, luring in poor parents and students who don’t know how to make heads or tails of picking a school Step Three: Profit “Socioeconomically disadvantaged children and their families are easier to manipulate,”...

What AMC’s Mad Men tells us about health care

One of the striking features of the early episodes of AMC’s hit television show Mad Men is the similarities in the lifestyle enjoyed by the lowest paid members of Don Draper’s advertising company and its wealthy partners. In the show’s 1960s setting, regardless of class, these folks largely lived in similar homes, went to the same schools, and summered in the same locales. These parallels fade in...

Three months after its launch, Snapchat Discover traffic is dropping

You might have heard: By hiring CNN political reporter Peter Hamby, Snapchat is betting its future on partnerships with media outlets, like the ones it has with CNN and Vice for its Discover feature But did you know: Since Snapchat Discover was launched on Jan. 27, some publishers have seen their average traffic drop as much as 50 percent. While Snapchat doesn’t offer any specific metrics on Discover,...

Why every journalist needs to learn basic data skills and how you can get started

Numbers are driving more and more stories on a variety of beats today, but data-heavy projects don’t have to be left to powerhouses like FiveThirtyEight and Vox. To get started working with data, pick a small subject. Tableau editorial manager Martha Kang recommends working with a list of names and familiarizing yourself with the tools available for data visualization, keeping in mind that the first...

Report find press freedom is at a 10-year low

In its 35th annual Freedom of the Press Report, Freedom House found that press freedom has declined over the past decade to its lowest point in more than 10 years. The report found that only 14 percent of the world lives in a country with a free press, meaning 1 in 7 people live somewhere where state meddling in media matters is minor and legal pressures on the press are slight. Freedom House attributes...

GE chief learning officer: Knowledge becomes out of date, so constantly invest in skills

Raghu Krishnamoorthy, GE’s chief learning officer, says in today’s market knowledge quickly becomes obsolete. Rather than a one-time investment in people’s knowledge, Krishnamoorthy says companies should invest in helping staff continually learn new skills. Continual training in skills can also be a good recruiting tool for potential employees, Krishnamoorthy says, because people want to work in a...

Emily Bell: Google and Facebook are publishers’ ‘frenemies’

As more publishers partner with platforms, Emily Bell says the future of news and information companies will be formed out of a hybrid of social media and publishers. At one point, platforms like Facebook and Google would have argued that they are not publishers, but their partnerships offer publishers a chance to grow, with some risks. Bell questions how accountability can be applied to these partnerships:...

How Thomson Reuters approaches mobile products: How will it fit into a user’s day?

When Thomson Reuters starts to think about new products, head of advanced product innovation Robert Schukai says they consider how a product fits in with the “dayflow,” rather than the workflow, of users. Reuters’ idea is that people are looking for different information based on their context and location. Schukai: “We’re thinking about what happens from the time our customers wake up to the time...

Need to Know: April 30, 2015

Fresh useful insights for people advancing quality, innovative and sustainable journalism OFF THE TOP You might have heard: By hiring CNN political reporter Peter Hamby, Snapchat is betting its future on partnerships with media outlets, like the ones it has with CNN and Vice for its Discover feature But did you know: Three months after its launch, Snapchat Discover traffic is dropping (The Information) Since...

Overreaction syndrome

Should police be more aggressive or less aggressive in dealing with minor crime? Should suspected terrorists at Guantanamo Bay be released or held? Should mortgage lenders be urged to tighten underwriting standards or loosen them? Should subsidies for attending college be increased or decreased? Should...

Wednesday evening links

1. Chart of the Day. From the IBD editorial “The Other Clinton Foundation Scandal“: A closer look at the [Clinton Foundation] numbers shows a mere 13% of program expenses — and just 10% of total spending — went for grants and aid (see chart above). And despite its global pretensions, most of the aid...

4/29/15

The neglected majority, part 2: High costs, uncertain benefits

Yesterday I profiled two big lessons from the AEI survey of adults without a college degree (for more, see my paper High Costs, Uncertain Benefits). To summarize: most see education after high school as necessary to get a job “these days,” but they think it’s too expensive and not flexible enough. Also,...

The limits of school choice & how to do it better

School choice advocates have successfully pushed for voucher programs across the country. However, it’s increasingly clear that the promise of choice has not been fulfilled. To learn more, read “Balancing the Equation: Supply and Demand in Tomorrow’s School Choice Marketplaces.”   from...

Balancing the equation: Supply and demand in tomorrow’s school choice marketplaces

Key Points School choice programs will succeed in improving options for children only insofar as they are able to create a functioning marketplace. Policymakers and educators must overcome supply-side hurdles to allow schools to access the financial and human capital necessary to grow and thrive. Families need better information on the schools they are trying to choose among so that they can advocate...

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