$100 bills remain one of America’s leading exports

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Cash is not even close to dead. A recent report (pdf) out from the Federal Reserve Bank of San Francisco finds that the amount of U.S. currency in circulation has been soaring in recent years: But, writes SF Fed President John C. Williams, there’s a bit of a paradox here. The amount of dollars in… Read more »

Teach for America’s teachers are besting their peers on math, study shows

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Of all the education reform initiatives taking place in the United States., perhaps none is as controversial as Teach for America. The nonprofit, which places high-achieving college graduates without traditional teacher qualifications in classrooms in underserved areas of the country, has drawn criticism from teachers’ unions and others who doubt that its participants can match… Read more »