The Gilded Myth

In the Wall Street Journal from Phil Gramm and Amity Shlaes.The ‘Gilded Age’ Myth, Then and Now: Excerpt: Between 1870 and 1900, America’s inflation-adjusted gross national product expanded by an unprecedented 233%. Though the population nearly doubled, real per...

Seduced by Numbers

A Review of the book , “Escape from Model Land” in The WSJ explains the limits of models in determining policy.  My Life as a Quant was written decades ago about an academic with a Phd in math and physics hired by a hedge fund to construct risk models.  He...

Guns and Shooters

Another tragedy and another proliferation of desperation and outrage. Unfortunately, desperation and outrage are rarely grounds for effective solutions, and may be as likely be counterproductive.  The Brady Bill of 1993 meant to restrict and delay access only led to...

Poetic Disinformation

Jason Riley writes in The Wall Street Journal, Was a Judicial Nominee Prejudiced in Her ‘Role as an Advocate’? Nusrat Choudhury claimed police kill unarmed black men in America ‘every day.’ That’s nowhere near true. Shelby Steele calls them “poetic truths.” They are...

Coverage of Anti-Semitism

From The Wall Street Journal, Anti-Semitism and Double Standards by Dominic Green: After a white-nationalist attack, the media devote considerable resources to tracing the attacker’s ideas and search history along the ideological continuum and tarring the Republican...