Common Core — national school curriculum standards — is coming to a school near you. So why haven’t many citizens heard of it until recently? Most states adopted the Core in 2010 to compete for $4.35 billion in Race to the Top funds. States had to promise to adopt the Core before the final standards were even published. Now that the standards are hitting school districts, citizens are scrutinizing the Core and some states are moving to slow or end implementation. The attempt to implement such sweeping policy without discussion or debate has failed. The backlash is in full swing. Cato scholar Neal McCluskey will discuss why national curriculum standards are bad public policy and argue that ballooning opposition is fully warranted.
Featuring John Allison, President and CEO, Cato Institute; Rep. Kevin Brady (TX-8), Chairman, Joint Economic Committee; and Norbert Michel, Research Fellow in Financial Regulations, Heritage Foundation; moderated by James A. Dorn, Vice President for Monetary Studies and Senior Fellow, Cato Institute.
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In this issue of the Cato Journal, economists Geoffrey Black, D. Allen Dalton, Samia Islam, and Aaron Batteen offer one prominent example of allowing the market to work. Also in this issue, economists Jason E. Taylor and Jerry L. Taylor reexamine the relationship between marginal tax rates and U.S. growth, and Robert Krol looks at bias in CBO and OMB economic forecasts.
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The 2008-2009 financial crisis and Great Recession have vastly increased the power and scope of the Federal Reserve, and radically changed the financial landscape. This new ebook examines those changes and considers how the links between money, markets, and government may evolve in the future.