Volcker and The Capital Asset Pricing Model: Enforcing Ineffective Regulation Since 2013?
Economy / Fiscal policy / Regulation / U.S. Domestic Policy

Volcker and The Capital Asset Pricing Model: Enforcing Ineffective Regulation Since 2013?

One fundamental principle of financial markets is the relationship between risk and return. This tenet is reflected in the Capital Asset Pricing Model (CAPM), the workhorse of security pricing, where the return required by investors is measured by adding the risk free rate (such as a treasury bond) to a market risk premium, adjusted for … Continue reading

The Common Core Mystique
America / Education / Politics / U.S. Domestic Policy

The Common Core Mystique

Critics from both ends of the spectrum have attacked the Common Core State Standards (CCSS) for a number of reasons. “They are a ploy for the federal government to spread its agenda, pollute the minds of children, and diminish teachers’ role in educating!” “They eliminate teacher autonomy and creativity in the classroom!” “They give corporate … Continue reading

Common Core Doesn’t Make Common Sense
Constitution / Education / U.S. Domestic Policy

Common Core Doesn’t Make Common Sense

Every student in American schools is taught that the Constitution is the law of the land. So, why doesn’t the federal government understand this? The Department of Education has been working to institute a national common core on what is taught in schools around the country. This national common core usurps a state’s right to … Continue reading

The Government is Making Money Off Students; Is that a Good Thing?
Economy / U.S. Domestic Policy

The Government is Making Money Off Students; Is that a Good Thing?

The last thing anyone expects the government to do is make money. Every day congressional lawmakers lament budget deficits, and the inability of the federal government to cover its spending with tax revenue is a perennial issue. But while Washington continues to struggle with the debt, there are a few government-affiliated organizations that are actually … Continue reading

3 Impressions from the OIRA Administrator Nominee Confirmation Hearing
Regulation / U.S. Domestic Policy / U.S. Senate

3 Impressions from the OIRA Administrator Nominee Confirmation Hearing

1. OIRA is not interesting. If you’re reading this, congratulations on being among the few Americans who care about the Office of Information and Regulatory Affairs. Even most of the members of the Senate Committee on Homeland Security and Government Affairs demonstrated their lack of interest by failing to attend the hearing. OIRA is the … Continue reading

Do Environmental Regulations and Economic Growth Conflict?
Energy / Regulation / U.S. Domestic Policy

Do Environmental Regulations and Economic Growth Conflict?

The environment is one of those things like education or jobs. No one says they are against job creation. No one claims to be anti-education. Nobody (despite what environmentalists may tell you) wants to destroy the environment, or eradicate the habitat of this or that endangered species.  These things happen, of course. Jobs are lost, … Continue reading