Tweet [1]
Phil Magness busts the ridiculous myth of a right-wing takeover of the American academy [2]. A slice:
Faculty growth on the political left comes at the direct expense of conservatives, who dropped from 22 percent of the academy as recently as 1995 to only 12 percent today. Furthermore, faculty who identify as “far left”—a category that usually includes Marxists, socialists, and derivative ideologies in Critical Theory—provided the main impetus of this shift. Far leftists more than doubled in number during this same period, going from a small minority of only 4 percent to 12 percent today—or parity with the total number of conservatives of any stripe.
James Pethokoukis rightly decries Elizabeth Warren’s Trumpian ignorance of international trade [4].
Max Gulker reports on the mounting costs of Trump’s trade war [5]. A slice:
A trade war does not harm a single nation’s economy or reduce growth in a single economic variable. In our profoundly interconnected global economy, its damage is felt in many places and in many ways. Expectations, investment, growth, and the economic policies of all of the world’s largest economies have faced shocks from the trade war initiated by President Trump. As new threats, moves, and counter-moves are revealed, the only certainty is that damage will continue to reverberate around the world.
Jim Dorn argues that Hong Kong should leverage its free-market ideas [6].
John Stossel details the high costs of free stuff [7].
Art Carden celebrates Milton Friedman’s 107th birthday [8].