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Education Issue

The Harwood Economic Review for Fall of 2020. Education during a pandemic.

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Robert Hughes

Housing Remains a Bright Spot for the Economy

“The housing market has become a bright spot for the economy, supported by low interest rates and rising demand as urbanites move to less dense living areas.” – Robert Hughes

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Robert Hughes

Initial Claims for Unemployment Benefits Remain Stubbornly High

“Initial claims for unemployment benefits remain very high, suggesting a slow and uneven economic recovery.” – Robert Hughes

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elephant, donkey
Robert E. Wright

Don’t Be a Party to Parties

“Despite the Founders’ dislike of political faction, critics might retort, we have had political parties since the early 1790s and the economy has grown at modern rates ever since. That is right, but America has managed to grow despite slavery and tariffs and scads of other bad policies enacted by partisans. Think of how rich America would be today without those policy disasters.” ~ Robert E. Wright

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bad science
Joakim Book

Why So Much Science is Wrong, False, Puffed, or Misleading

“The book, while scary and disheartening, is truth-seeking and ultimately optimistic. Ritchie doesn’t come to bury science; he comes to fix it. ‘The ideals of the scientific process aren’t the problem,’ he writes on the last page, ‘the problem is the betrayal of those ideals by the way we do research in practice.'” ~ Joakim Book

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federal reserve
James L. Caton

The Fed Can Generate Higher Inflation

“A lack of concern for fiscal discipline by both the U.S. Treasury Secretary and a call for persistent, near zero rates by the Chairman of the Federal Reserve suggests that the Federal Reserve and the U.S. Treasury will act in concert to make the new inflation target a reality. It is not a question of whether the inflation rate will pass 2 percent, but when.” ~ James L. Caton

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