First Republic, Signature Bank, and Silicon Valley Bank have all failed, and that’s not the only thing they have in common. Western Alliance Bank’s Ken Vecchione was jealous of these three large regional banks. The chief executive admitted to the New York Times, “We were,
Marc Joffe After numerous delays and extensive cost overruns, Honolulu’s Skyline passenger rail system launched on June 30. Skyline is the first U.S. system to use automated trains, hopefully serving as an example to the nation’s other urban transit operators. Driverless train technology is common in
A recurring theme in American politics is the cynical use of federal power by those who simultaneously pretend to favor "states' rights" or "local control." We see this today when Republicans one minute say they favor local control with gun laws or Obamacare—and then demand
The European Union’s General Data Protection Regulation supposedly protects people from government data abuse. In reality, it empowers governments. Original Article: "The GDPR Paradox: Empowering Government in the Name of Data Protection"
Erec Smith There is no such thing as a panacea; few things are actual cure‐alls in themselves, especially when it pertains to social issues. However, the closest thing to a panacea for contemporary social injustice—both actual and perceived—is the concept of individualism. It is the closest foil to
Jeffrey A. Singer In July 2021, Arizona lawmakers took a small step in the right direction by allowing women to obtain self‐administered hormonal contraception directly from a pharmacist providing a state or county public health official licensed to practice medicine issues a “standing order” that effectively makes them the
Jennifer Huddleston Meta launched a new text‐based social media app called Threads on July 5. The app—which is connected to Instagram—has been referenced by both the media and users alike as an alternative to Twitter. There is much excitement about the latest social media app and Threads
Crack-Up Capitalism: Market Radicals and the Dream of a World without Democracyby Quinn SlobodianMetropolitan Books, 2023; 336 pp. Quinn Slobodian, a professor of the history of ideas at Wellesley College, has a good deal to say about Murray Rothbard, and I have attempted to respond to
Scott Lincicome Industrial policy is a pillar of President Biden’s economic agenda (aka “Bidenomics”), and the White House recently cited a spike in U.S. manufacturing construction spending to show that billions (perhaps trillions) of dollars in new federal subsidies for “clean energy,” semiconductors, and other preferred industries—enacted in
Colleen Hroncich “I’m not happy in my position as an educator at a school, and my son’s not happy going to school.” When Iman Alleyne realized this, her next thought was “What can we do?” This question ultimately resulted in Kind Academy, a microschool in Coral Springs, Florida. Iman