Why aren't national education leaders going to the states?
Andy Smarick | US News & World Report
Andy Smarick | US News & World Report
Exceptionalism
by John H. Cochrane via Grumpy Economist Law and the Regulatory State is a little essay, my contribution to American Exceptionalism in a new Era, a volume of such essays by Hoover Fellows. It takes up where Rule of Law in the Regulatory State left off.
The state of President Trump’s deregulation efforts
James Pethokoukis | AEIdeas President Trump has cited deregulation as one of his biggest accomplishments so far, and White House officials mention the ongoing deregulatory push as a reason to believe economic growth can reach 3 or 4 percent. So, how is the administration doing so far?
The Equals Act would improve the federal workforce
Andrew G. Biggs | Forbes According to the Government Accountability Office, in 2013 the federal government dismissed 3,489 employees for poor performance, a dismissal rate of 0.18 percent. The Equals Act would provide the federal government with greater time and flexibility to examine the performance of newly hired federal employees before those employees receive job protections that effectively entitle them to a "job for life."
Swamp creatures outperform the market. @realconstable
Separately, I analyzed how the top lobbying spenders performed. The results were similar. In 2013, the top publicly traded firms that lobbied were as follows: Northrop Grumman, Comcast, General Electric, AT&T, Alphabet, Boeing, Lockheed Martin, United Technologies, Verizon Communications and Exxon Mobil. The information was accessed via the OpenSecrets.org website. I then looked at the performance of each stock over the next three years (2014 through 2016), constructed a portfolio with equal weights of each stock and looked at the combined gains. Without dividends, they rallied approximately 30% over the three-year period. I chose the NYSE Composite Index as a benchmark to compare the results. The S&P 500 consists mostly of massive corporations that tend to spend more on lobbying than the average company, such as many of those in the composite index. The result: $10,000 invested in the model portfolio would have outperformed $10,000 held in the index by more than 20 percentage points. https://www.forbes.com/sites/simonconstable/2017/11/13/how-to-profit-from-the-swamp/#38a0b7873c28
"The impact of regulation on economic growth has been widely studied, but most research has focused on a narrow set of regulations, industries, or both. These studies typically rely on regulatory indexes that measure subsets of all regulation, on country-to-country comparisons, on short time spans, or on surveys in which experts report how regulated they believe their country or industry is. In order to better understand the cumulative cost of regulation, a comprehensive look at all regulations across many industries over a long period of time is imperative.
A new study for the Mercatus Center at George Mason University uses an economic model that examines regulation’s effect on firms’ investment choices. Using a 22-industry dataset that covers 1977 through 2012, the study finds that regulation—by distorting the investment choices that lead to innovation—has created a considerable drag on the economy, amounting to an average reduction in the annual growth rate of the US gross domestic product (GDP) of 0.8 percent...." https://www.mercatus.org/publication/cumulative-cost-regulations DANIEL HENNINGER REVEALS WHY A GOP CONGRESSIONAL LOSS MEANS IMMINENT IMPEACHMENT FOR 201911/21/2017 
WHAT DOES THE DEMOCRATIC LANDSLIDE THIS MIDTERM MEAN FOR 2018 & EICHENGREEN ON TAX REFORM11/15/2017  Net neutrality's endgame Gus Hurwitz | AEIdeas 
Net neutrality: A primer
Daniel Lyons | AEIdeasAmid the vast amount of confusion surrounding the net neutrality debate, Daniel Lyons provides a primer on the debate. He explains that net neutrality is the idea that broadband providers should treat all internet traffic the same, regardless of its content or sender. Lyons argues that despite the rhetoric, returning to pre-2015 regulation does not pose an existential threat to the internet. He believes that ultimately, the net neutrality debate boils down to a discussion about whether existing antitrust law is sufficient to guard against the anticompetitive harm of vertical foreclosure, and if not, whether the FCC’s additional prophylactic rules do more harm than good. Beyond net neutrality: Policies for leadership in the information, computing, and network industries Mark Jamison and Roslyn Layton | American Enterprise InstituteMark Jamison and Roslyn Layton argue that internet regulation needs to move beyond net neutrality to a framework that resolves disputes, enables leadership and innovation, and protects the poor. They believe that one crucial feature is a multi-stakeholder approach to resolving conflicts within the industry. The other crucial feature they discuss is limiting ex ante regulation to situations in which monopoly actually emerges.
 Let Down At The Top by Victor Davis Hanson via National Review Our Baby Boomer elites, mired in excess and safe in their enclaves, have overseen the decay of our core cultural institutions. The High Cost Of Good Intentions Featuring John Cogan
interview with John F. Cogan via Uncommon Knowledge The Need for Entitlement Reform  Arthur Laffer shows how not to help the cause of tax reform
James Pethokoukis | AEIdeas More people think the estate tax is unfair than just about any other tax Karlyn Bowman | Forbes |
HENRY OLSON: POLITICAL DEMOGRAPHY
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