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Bruce Yandle is correct: no “stimulus” will stimulate to the extent that the economy remains in lockdown.

Speaking of Bruce Yandle, a new collection of original papers, all written in the Yandle tradition, has just been published by Mercatus. This collection is edited by Roger Meiners and me. (Roger and I are especially grateful to Stefanie Haeffele for her expert help in making this project a reality.)

My Mercatus Center colleagues Dan Griswold and Jack Salmon explains that “Trump’s new rule on student visas will be costly to US higher education and technological leadership.” A slice:

Foreign-born students make a huge contribution to America’s technological leadership in the world. Among foreign-born STEM doctorate students, 72 percent of graduates remain in the United States for at least 10 years after graduation; the highest rates are among Chinese and Indian graduates at 90 percent and 83 percent, respectively. Of all billion-dollar startups in the United States, 22 percent – including Zoom, Tesla, SpaceX, and Instagram – had at least one immigrant founder who first came to the country as an international student.

Kevin Williamson describes Thomas Sowell’s new book, Charter Schools and Their Enemies, as “a bloodbath for Sowell’s intellectual opponents.”

David Harsanyi calls for separation of school and state. A slice:

State-run schools have undercut two fundamental conditions of a healthy tolerant society. First, they’ve created millions of civic illiterates who are disconnected from long-held communal values and national identity. Second, they’ve exacerbated the very inequalities that trigger the tearing apart of fissures.

Nick Gillespie talks with Michael Shellenberger, author of Apocalypse Never: Why Environmental Alarmism Hurts Us All.

Barry Brownstein laments that Bill Gates is now a full-time “philanthropist” rather than a full-time business executive.

My intrepid Mercatus Center colleague Veronique de Rugy applauds a legal challenge to New York City’s destructive rent-control regime.