Donald Trump and the Apprentice economy

Homer said “It is a wise child that knows his own father.” Well, Ivanka Trump surely did a much-needed goody for her dad by convincing him of the great importance of apprenticeships, a woefully underappreciated vehicle for supporting human capital development and boosting economic growth.

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Why populists are the new elite

The hallmark of today’s populism, as in the past, is the belief that powerful elites—big business, the media, Wall Street, Congress, Washington insiders and bureaucrats, and the rich—are exploiting and harming the common man through a rigged political and economic system.

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