Opinion

The Federal Reserve’s Historic Announcement

Mark it down. At 2:15 p.m. on Tuesday, August 10, 2010, the U.S. Federal Reserve made a historic announcement. It signaled that the central bank was going to “preserve the size of its balance sheet.” The announcement didn’t sound all that dramatic, but don’t be fooled. In the two subsequent days, the stock market fell over 300 points, and the price of gold rose $20.

Liberal Education: Not a Bad Thing at All

The ironies of modern life in the United States, and our need to make sense of them, or alter them, to me, are among the best reasons why college-level, liberal education is vital to virtually all Americans. By “liberal” I do not mean left-wing; I mean education that includes exposure to philosophy, ethics, history, the arts, language, literature – collectively known as the humanities.