Economics

Due to budget concerns, New York City Mayor Eric Adams proposed cuts to the New York City public library budgets, forcing the majority of public libraries to cut their hours and open only five days a week.  read more »

The greatest threat to Western civilisation comes not from China, Russia or Islamists, but from the very people who rank among its greatest beneficiaries.  read more »

Life is going from bad to worse for the ESG movement. This weekend, activist investor Bluebell Capital began a new battle to try and force BlackRock into overhauling its commitments to environmental, social and governance (ESG) investing  read more »

California’s energy woes are getting worse. According to the latest numbers from the Energy Information Administration, the state’s residential electricity prices, already among the highest in America, jumped by 3 cents per kilowatt-hour last year, an increase of 11.9%.  read more »

Artificial intelligence (AI) and its related technologies — machine learning and the metaverse — represent a watershed in the evolution of the global economy. Like other such shifts, its emergence is likely to favor certain interests, notably a handful of technology giants, the media and a small cadre of highly skilled programmers. Everyone else faces economic danger, certain to roil domestic and international politics in coming years.  read more »

In recent years, driven by the rising cost of living and the remote work revolution, Americans have been moving to more affordable housing markets. This is evident in an analysis of American Community Survey data gathered over five years (2018 to 2022).

Housing Affordability and Net Domestic Migration: The Nexus  read more »

North America may suffer from some of the world’s poorest political leadership. Yet it seems destined to remain the wealthiest, most dominant place on Earth.  read more »

The Department of Agriculture’s latest Census of Agriculture has generated new fears about “disappearing farm lands.” The census found that the United States had 22 million (2.8 percent) fewer acres of farm lands in 2022 than in 2017  read more »

Incredibly, the Democratic establishment still looks to Gavin Newsom as their answer to Joe Biden. Yet frothy accounts of the California Governor’s record are about as accurate as a Google AI treatment of American history: totally fraudulent.  read more »

When I heard that New York University (NYU) was creating a new campus not in some global capital but in Oklahoma—the fairly conservative west-south-central region of the United States—I was shocked, but also thrilled.  read more »