Utilize profit, loss and high pay for top performance. When you see that Americans spend more than $1.1 trillion on education—that’s 7.8 percent of GDP—it’s tempting to call education “big business.” Except that it’s not really: 80 percent of that spending is controlled by government and spent on public schools and universities. That means that it’s ... MORECarrie Lucas: Let's Make Education Big Business
Utilize profit, loss and high pay for top performance. When you see that Americans spend more than $1.1 trillion on education—that’s 7.8 percent of GDP—it’s tempting to call education “big business.” Except that it’s not really: 80 percent of that spending is controlled by government and spent on public schools and universities. That means that it’s ... MOREDoug Bandow: Killing The Economy With Gov't Stimulus
Death by spending. President Barack Obama’s presidency hangs in the balance after another disappointing employment report. He continues to advocate new government “stimulus” programs to boost his reelection campaign. However, Washington is awash in government “stimulus,” without effect. Only productive private investment will spark economic ... MORE
A. Barton Hinkle: Got A Pencil? You Didn't Build That
Nobody can make a pencil by himself. Most people would never accuse President Obama of memorizing Milton Friedman under the covers at night. Yet the patron saint of laissez-faire probably would not take as much exception as many Republicans have to Obama’s comment in Roanoke three weeks ago that “if you’ve got a business – you didn’t build that. ... MOREGene Healy: Take Me Down To The Parasite City
The District is blooming. Have you seen the latest jobs report? Major buzzkill: creeping unemployment, anemic growth, and the recovery's totally stalled. But not here: The District is booming! "Washington may have the healthiest economy of any major metropolitan area in the country," says New York Times D.C. bureau chief David Leonhardt in Sunday's ... MOREGary M. Galles: Expand Freedom, Not Government
State power has an unbroken record of inability. President Obama’s “you didn’t build that” rationalization for increasing taxes has since been “clarified” to the fact that teachers, roads, bridges, etc., provided by government, “gave you some help.” But it still doesn’t support his conclusion. President Obama is mistakenly equating society ... MORELisa Cerda: Hi-Jacking Your Privacy
Government laser will analyze you at the molecular level. Your privacy is a highly prized possession, and the government wants to take it away. You may not even notice it is gone at first, but then one day, when you least expect it, your going to want your privacy back. But it will be too late. The government will have gathered and stored enough information ... MORESteve Forbes: To Help Free Market, Bury The Hatchett
Congress must get out of the way. We all want America’s economy to improve and realize that crony capitalism — where Washington politicians, not free markets, decide who succeeds — is a barrier to prosperous growth. Yet industries still dispatch lobbyists to Capitol Hill to get a legislative or regulatory “fix” when there’s a marketplace ... MOREThomas Sowell: Sports Versus Politics
Empirical evidence has great value. It has long seemed to me that there is far more rationality in sports, and in commentaries on sports, than there is in politics and in commentaries on politics. What has puzzled me is why this is so, when what happens in politics has far more serious effects on people's lives. To take one common example, there are many people ... MORERobert Taylor: Your TSA Pat Down Will Only Get Worse
TSA refuses to hold hearing on "naked body scanners." The Transportation Security Administration (TSA) is once again in the news for refusing to obey a federal appeals court order from last year mandating that the agency hold public hearings over its "naked body scanners." They'll get around to it in 2013, says TSA spokeswoman Lorie Dankers. ... MORE
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