Quantcast

Chicago Fed TERMINATES Economist for Criticizing Black Lives Matter

(Wall Street Journal) The Federal Reserve Bank of Chicago said Friday it had cut ties with a University of Chicago economics professor who was a scholar at the bank, following his criticism of the Black Lives Matter movement.

Harald Uhlig has drawn condemnation for his comments about the Black Lives Matter movement and calls to defund U.S. police departments.  

The Chicago Fed said it terminated Mr. Uhlig’s contract effective Friday.

A bank spokeswoman said the move “reflects our determination that his views are not compatible with the Chicago Fed’s values and our commitment to diversity, equity and inclusion.”

Mr. Uhlig said in an email that “termination of my contract is their prerogative.”

Earlier this week, on Twitter, Mr. Uhlig said Black Lives Matter had “just torpedoed itself, with its full-fledged support of #defundthepolice” and said it was “time for sensible adults to enter back into the room and have serious, earnest, respectful conversations about it all.”

He later said “my tweets in recent days and an old blog post have apparently irritated a lot of people. That was far from my intention: let me apologize for that.”

[Read more…]


TRENDING NOW

Soros-Funded, Soft-on-Crime DAs Face Recalls

(Joshua Paladino, Headline USA) Philadelphia District Attorney Larry Krasner won the 2017 election on an anti-cop, pro-criminal platform, and murders have climbed 29...

White House Issuing Reports on States’ Infrastructure Needs

(Associated Press) The Biden White House is amplifying the push for its $2.3 trillion infrastructure package with the release of state-by-state breakdowns...

Brooklyn Center Looting, Rioting Sees Several Businesses ‘Completely Destroyed’

(Newsweek) Looting and rioting erupted in Minnesota's Brooklyn Center area after an officer shot a man during a traffic stop in Brooklyn Center,...

9 Money Numbers You Need to Know

(Liz Weston, NerdWallet) Your doctor needs to know certain numbers to judge your physical health, such as your weight, your blood pressure...

Who Is Experiencing the Most (and Least) Price Inflation?

(Economic Policy Journal) According to Bloomberg, low-income Americans are getting hit hardest by price increases as the economy starts to open up.