I Have Nothing to Add to This
Posted in Flotsam and Jetsam on Sep 27th, 2007
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. – F.A. Hayek
Posted in Flotsam and Jetsam on Sep 27th, 2007
Posted in Education on Sep 27th, 2007
President Bush signed legislation increasing the maximum Pell grant amount by about 25% over the next 4 years. In real terms, that is still probably a decrease. The larger point of course is whether or not this will actually do anything to make college more affordable? Let’s think of what could possibly happen? If [...]
Posted in Flotsam and Jetsam on Sep 27th, 2007
Even more bizarre and totalitarian in its implications is the often proposed concept of a child’s “right to be wanted.” Apart from the impossibility of using violence to enforce an emotion on someone else, such a criterion would arm outside parties, in practice the State, with the power to determine when “wanting” exists and to [...]
Posted in Education on Sep 26th, 2007
Diversity, per se, is not a bad thing. Indeed, it’s a very good thing. Everyone benefits from the experience of going to school with others unlike themselves. But the idea that one’s experience and values are deeply shaped by gender and race – facts about oneself that can never be changed – encourages the view [...]
Posted in Health Care on Sep 24th, 2007
The usual liberal precincts claim to be enraged. Governor Corzine declared that New Jersey would unilaterally disregard the HHS rules and “vigorously continue” to enroll at 350% of poverty — the highest ceiling in the country. And he’d do so even though about 119,000 New Jersey children under 200% of the poverty line remain uninsured [...]
Posted in Corporatism on Sep 21st, 2007
First they steal our jobs, then they try to poison us and kill our children! U.S. regulators are recalling about one million Chinese-made baby cribs, branded Simplicity and Graco, after the cribs were linked to at least two infant deaths. In both deaths, the cribs were assembled incorrectly by consumers. The recall is the [...]
Posted in Fun Facts, You Can't Have it Both Ways on Sep 19th, 2007
An eclectic econometrics professor of mine coined that title. Here is today’s installment: … federal tax receipts — are up by nearly 15% in fiscal year 2005 alone, nearly 12% in fiscal year 2006, and projected to rise nearly 7% in the fiscal year that will end this month. That is the highest growth [...]
Posted in Health Care, You Can't Have it Both Ways on Sep 17th, 2007
Let’s ignore for the moment the morality, fiscal responsibility and success probability (my article on this will post shortly) of Hilary’s proposed universal health care plan. Read down to the end of the article to hear how Republican candidate Mitt Romney assails the proposal: Republican Mitt Romney, in New York City for a fundraising stop, [...]
Posted in Inequality on Sep 17th, 2007
Bill Gates is not even close! HT to Marginal Revolution.
Posted in Health Care on Sep 14th, 2007
Last month, the largest ever international survey of cancer survival rates showed that in the U.S., women have a 63% chance of living at least five years after diagnosis, and men have a 66% chance — the highest survival rates in the world. These figures reflect the care available to all Americans, not just those [...]