â€œTextbooks describe economics as the study of the allocation of scarce resources,â€ said Ben Bernanke on Monday morning. â€œThat definition may be the â€˜what,â€™ but it certainly is not the â€˜why.â€™â€ He was speaking to the International Association for Research in Income and Wealth, and â€œwhyâ€ is not a question that Federal Reserve chairmen tend to ask in front of any audience. The Fed is charged with two precise, measurable tasks: Keep unemployment low and prices stable. These are indexes, numbers on a scale, and if a Fed chairman can keep them where they should be, he can be satisfied that he has done his job. In that sense, Bernanke is playing the worldâ€™s most complex video game.
Aggressive police tactics are likely to worsen the situation.
"Although California's guidelines place restrictions on places of worship," Roberts wrote, "those restrictions appear consistent with the Free Exercise Clause of the First Amendment."
What happened to staying at home to keep grandparents safe no matter what?
They're using their Second Amendment rights to protect local businesses from riots and looting.
The Supreme Court could announce as early as Monday that it's revisiting qualified immunity, a doctrine that shields rotten cops from civil rights lawsuits.