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Whitewater School Board Meeting, 9.14.20: 5 Points

Updated 9.16.20 with meeting video. At last night’s meeting of the Whitewater Unified School District’s board, the board voted unanimously to offer a choice of either face-to-face or virtual instruction beginning September 28th and continuing through the semester (absent any alterations in the event of significant COVID-19 infections). Parents received, last night, an email requesting…

The Pandemic Economy

Economists Carmen Reinhart and Vincent Reinhart write in Foreign Affairs that we’re in The Pandemic Depression: Although dubbed a “global financial crisis,” the downturn that began in 2008 was largely a banking crisis in 11 advanced economies. Supported by double-digit growth in China, high commodity prices, and lean balance sheets, emerging markets proved quite resilient…

Daily Bread for 7.12.20

Good morning. Sunday in Whitewater will be sunny with a high of eighty.  Sunrise is 5:28 AM and sunset 8:32 PM, for 15h 03m 55s of daytime.  The moon is a waning gibbous with 54.2% of its visible disk illuminated.    On this day in 1543, King Henry VIII marries his sixth and last wife, Catherine…

A Key Difference Between Bristol, New Hampshire and Whitewater, Wisconsin

A sad story from April about Bristol, N.H. (population 3,300) reveals key differences between that town and Whitewater. While this new recession affects both communities, the economic hardship will be different.  See David Gelles, ‘This Is Going to Kill Small-Town America.’ Bristol depends on one major, private manufacturer: By the end of March, with just…

Local Public Policy as if Charitable Assistance

Whitewater’s policymakers, and those of other small, rural cities, should – in these times of economic stagnation, a lingering opioid crisis, failed business welfare, and an approaching recession – view their principal obligation as if it were charitable outreach. (It’s not charity, of course, but that’s how policymakers should view it: as both palliative and…

Wastrel

Embed from Getty Images John Bresnahan and Burgess Everett report Deficit Don? Red ink gushes in Trump era (‘The president endorsed a bipartisan budget deal without any of the spending restraints previously demanded by Republicans’): With a new bipartisan budget deal that does nothing to cut federal spending, Trump is on track for another $1 trillion…

Daily Bread for 6.8.19

Good morning. Saturday in Whitewater will be partly sunny with a high of seventy-eight.  Sunrise is 5:16 AM and sunset 8:31 PM, for 15h 15m 26s of daytime.  The moon is a waxing crescent with 30.1% of its visible disk illuminated.   On this day in 1867, Frank Lloyd Wright is born. Recommended for reading…

Daily Bread for 5.8.19

Good morning. Wednesday in Whitewater will be rainy with a high of fifty-four.  Sunrise is 5:38 AM and sunset 8:04 PM, for 14h 24m 40s of daytime.  The moon is a waxing crescent with 13.8% of its visible disk illuminated. Whitewater’s Police & Fire Commission is scheduled to meet at 6:30 PM and the Birge…

The Broad Outlines of 2019

For many years, I would begin the year with predictions for the twelve months ahead.  Events since 2016 have made predictions harder,  but one can still discern some short-term developments for the city.  These prospects, of course, form an online of topics to ponder, and about which to write (often requiring that one return to the…

Daily Bread for 11.28.18

Good morning. Wednesday in Whitewater will be partly sunny with a high of twenty-eight.  Sunrise is 7:03 AM and sunset 4:22 PM, for 9h 19m 25s of daytime.  The moon is a waning gibbous with 65.4% of its visible disk illuminated.   On this day in 1520, Magellan reaches the Pacific Ocean.     Recommended…

Daily Bread for 11.24.18

Good morning. Saturday in Whitewater will be cloudy with a high of forty-four.  Sunrise is 6:58 AM and sunset 4:24 PM, for 9h 25m 55s of daytime.  The moon is a waning gibbous with 97.4% of its visible disk illuminated.   On this day in 1859, Darin publishes On the Origin of Species.  On this day…

The Theory of Moral Sentiments and the Morality of Markets

In Five myths about capitalism, Steven Pearlstein describes the primary myth as a misunderstanding about motivations of those choosing freely in the marketplace (broadly understood, these choices are about not only capital, but also labor or goods): Myth No. 1: Greed, a natural human instinct, makes markets work. Adam Smith, the father of economics, first pointed out in his…