The New Republican Tax Proposal

By James Dail (CMC ’20) Congressional Republicans have talked about overhauling the tax code for years, and it is now going to be the next item on their agenda since their healthcare push is winding down. They have partnered with two senior Trump administration officials, Director of the National Economic Council Gary Cohn and Treasury…

Evaluating the Success of Quantitative Easing

By James Dail (CMC ’20) The financial crisis of 2008 altered existing orthodoxy on monetary policy and changed the dynamic of the American economy. Monetary policy used to be fairly simple. If the economy was in a recession, then the Federal Reserve would lower interest rates. This would expand access to credit and provide the…

Are Charter Schools Worth It?

James Dail CM ’20 – Ever since she was rumored to be a possible pick for Secretary of Education, Betsy DeVos has been mired in controversy. The most common criticism that has been raised against her is that she favors charter schools and vouchers for private schools over the traditional public schools that she would…

How to Respond to the Opioid Epidemic

James Dail CM ’20 – The United States is in the midst of its worst-ever drug crisis. Every day 91 Americans die from opioid overdose.1 To make matters worse, the crisis is not affecting all facets of American society. Poor and working class Americans bear the brunt of the carnage.2 Unless viable solutions are devised,…

The Trump Budget

James Dail CM ’20 – Following the conclusion of last year’s presidential election, one thing pundits on both sides of the political aisle could not stop talking about was how it signaled a change. There had been a radical shift in the Republican base that would have reverberations for decades to come. Every year, the…

European Resurgence: Military Spending and the Draft

James Dail CM ’20 – The two international developments in the twenty-first century that have defined relations between former Eastern bloc countries are growing Russian belligerence and the dawn of US isolationism. The Russian invasion of Crimea, and its covert involvement in the Ukrainian civil war, have the former Eastern bloc countries worried about their own…