The Chicago Tribune reports on a new research paper by professor Joseph Doyle, who examines what happened to 35,000 adolescents charged with crimes in Chicago in the 1990s.
“If you’re sentenced to juvenile incarceration,” Doyle says, “you’re twice as likely to go into adult prison by 25.”
Americans are spending more money at the pump than ever before. According to a recent estimate by the Energy Department, the average U.S. household spent nearly $3,000 on gasoline last year. Earlier this month, the U.S. Energy Information Administration forecast that the price for regular gasoline will average $3.63 a gallon this summer — a slight decline from last summer, not far from the record levels set in 2008. Why do oil prices remain so stubbornly high?
Bloomberg View features an editorial by professor Christopher R. Knittel, co-director of the MIT Center for Energy and Environmental Policy Research. Knittel pushes back against leading pundits as he makes a case for the economic and environmental viability of the Keystone XL oil pipeline.