When Is "Undersight" Unconstitutional?

If oversight is when a superior has the right to disapprove of an underling's decision, what is "undersight"?

It's my term for when an underling has the right to disapprove of a superior's decision. It's not surprising to see principal-agent contracts with oversight provisions, but in two recent statutes the lame duck Congress has arguably imposed undersight provisions on the President acting as our commander-in-chief.

Why Politicians Tweet

Two economists from the University of Toronto have taken a closer look at who uses Twitter in the U.S. Congress. While generating followers is an obvious motivation for politicians to tweet, Feng Chi and Nathan Yang found that geography and party lines play a part too.

When Congress Is Away, the Market Will Play

Anxious investors can take heart: Congress's August recess begins at the end of this week, which has historically been a good thing for the markets. Michael Ferguson and Hugh Douglas Witte found that "about 90% of the capital gains over the life of the Dow Jones Industrial Average have come on days when Congress is out of session."

Do Earmarks Matter?

Making fun of earmarked Congressional spending is easy, feel-good entertainment. But is it a distraction from the bigger problem?

Do Good Newspapers Make Good Congressmen?

Press coverage often does hold politicians accountable — on the local level at least. That’s according to a new working paper by David Stromberg and James M. Snyder Jr. They found that congressmen from districts with newspapers that aggressively cover local politics tend to work harder to represent the interests of their constituents. Such congressmen […]