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Maryland marijuana legalization: Leaders, businesses prepare for high demand on July 1

Recreational marijuana will become legal in Maryland starting this Saturday, July 1, and dispensaries are gearing up for what they expect will be massive demand. ....

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Leaves Fall, But Not Jobs

The latest data show that fears of recession are misplaced, butCongress must still take care to avoid upsetting the economy. ....

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Princeton's Nobel laureates for 2021 receive their medals in celebrations around the world

The Princeton community's five Nobel laureates Syukuro Manabe, David MacMillan, Joshua Angrist, David Card and Maria Ressa were honored in a weeklong series of events, capped by a gala broadcast from Stockholm on Friday. ....

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American Compass Shouldn't Reject the Economics of Immigration

American Compass Shouldn’t Reject the Economics of Immigration
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The American Compass recently published a series of pieces about the economic successes of the Trump administration and whither national conservatism after his defeat by Joe Biden. Several commentators criticizedthepieces for arguing that restrictive immigration policies were responsible for wage and employment growth during the Trump administration. Oren Cass, the executive director of American Compass, responded to that criticism with a piece arguing that lower immigration did result in higher wages and lower unemployment.
Cass wrote that those critics “fascinate me, in the same way an old-timey ‘cabinet of curiosities’ might capture the attention,” and responded with an essay that contemptuously dismisses social science on how immigration affects the labor market in favor of anecdotes from news stories. This blog post is a response to one of Cass’s points that fascinates me. He wr ....

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