Central banking in the United States has a long and controversial history dating back to the earliest days of the republic. One of the most widely presented arguments against a central bank has been that the U.S. Constitution does not expressly grant the federal government power to charter a bank. Recently, this issue has received new scrutiny in…

A federal appeals court decision suggests that public colleges may not be covered by the Constitution's 11th amendment prohibiting state governments from being sued in federal court. By the ruling, the institution loses immunity by having funds other than state appropriations with which to pay damages in the lawsuits. (MSE)

In 2004, Commissioner of Education D. Kent King appointed a statewide task force to study Missouri high schools and make recommendations on strengthening the ways they help students prepare for life after high school. The State Board of Education adopted the following recommendations in 2005 and 2006. The State Board of Education increased minimum…