In Korea, top teachers make millions.
CULTURE
Insane News Tidbits
The biggest casualty from the COVID-19 pandemic has nothing to do with the disease. It’s the power we’ve given to politicians and bureaucrats.
The Guns of August: A Look Back at the Financial Shock of the Great War
The crisis of 2020 has invited a lot of comparisons to the past, particularly the influenza pandemic of 1918-1919 and to various war efforts. For those concerned with banking, public finance and monetary policy, the summer of 1914 might be a more appropriate candidate.
Child of Freedom, Parent of Prosperity: Matt Ridley’s “How Innovation Works”
Hopefully, How Innovation Works: And Why It Flourishes in Freedom will inspire others to champion the planting of the seeds of innovation while protecting the soil of freedom that this precious and most delicate of flowers – that “child of freedom and parent of prosperity” — thrives on.
Rotten Education Isn’t Preordained
Poor performance is often blamed on finances; however, the poorest performing schools have the highest per-pupil spending.
Karl Marx and the Communist Revolution
Marx’s critique of capitalism and capitalist society has shaped much of the social thinking in Western countries that led to the welfare state and extensive government intervention into economic affairs.
The Nation’s Education Report Card
Today, unfortunately, we’ve replaced practices that work with practices that sound good and caring, and we’re witnessing the results.
The Fallacy of “We”
The “we fallacy” is ubiquitous, especially among professors, politicians, policy wonks, and pundits. The fallacy of “we” is a form of the fallacy argumentum ad populum or “appeal to the people,” to “popular opinion.”
Books: The 1619 Project: A Critique
The 1619 Project sacrifices scholarly standards in the service of the ideological agenda.
The Morality of Capitalism
Yaron Brook delves into the morality of finance, free markets, savings, insurance and using debt to fund consumption.
Ayn Rand’s Political Philosophy
What’s the difference between Objectivism and Libertarianism?
The Real Record of the Reconstruction Finance Corporation (1932)
The Reconstruction Finance Corporation (modeled after the earlier War Finance Corporation) was created in early 1932 under the Hoover Administration as what amounted to the “discount lending” facility of the Federal Reserve System: it would lend to financial institutions chartered by states and in rural areas.
‘Progressive’ Cities vs. Education Black Students
‘Progressive’ cities, on average, have black/white achievement gaps in math and reading that are 15 and 13 percentage points higher than in ‘conservative’ cities.
History of Steel and The Roots of Progress
What is this metal that is so indispensable to the modern world?
New York Times’ Politically Weaponized 1619 Project: An Epitah
The reputation of the 1619 project’s other essays, many of them entirely unobjectionable adaptations of scholarly insights for a popular audience, has suffered because of the NY Times’ inflexible refusal to address erroneous historical claims in the essays by Hannah-Jones and Desmond.
Coronavirus: Be Alarmed, But Don’t Panic
If we realise what the real risks are and take effective action that makes use of the advantages we have compared to our ancestors then we can survive a major pandemic. If we panic, however, and do things that seem to make sense but actually make the economic and social effects worse, then the prospects are bad.
What 1619 Project’s Critics Get Wrong about Lincoln
While Lincoln’s colonization remarks grate the modern ear, and evince a patronizing paternalism toward the program’s intended participants, they also reflect the sincerity of his anti-slavery beliefs and an accompanying recognition that white-supremacist violence would not end with the formal abolition of the institution.
Anti-Americanism on College Campuses
The true tragedy is that so many Americans are blind to the fact that today’s colleges and universities pose a threat on several fronts to the well-being of our nation.
A More or Less Perfect Union
Ginsburg explores the U.S. Constitution and features interviews with and gains the perspectives from constitutional experts of all political views — liberal, conservative and libertarian.
The New Totalitarians: Identity Politics and the Closing of the Academic Mind
A new spirit of intellectual intolerance has emerged and congealed in American academia. Their proponents are the new totalitarians who brook neither dissent, debate, nor disagreement.
The Virtue of Rational Egoism
For the majority of people, virtuous egoism is an oxymoron: they don’t think it is possible to be virtuous and pursue self-interest at the same time.
Bombshell (2019) is a Dud
The problem with Bombshell is that it doesn’t take women — or men — in any industry seriously.
FDR and Stalin Planned the Future of the World
Seventy-five years have now passed since that fateful meeting at Yalta. Stalin, who helped Hitler start the Second World War, reaped his reward at the end of it: Soviet domination of Eastern Europe, at the cost of terror and tyranny for all the people who were forced to live in the “socialist paradise” for almost half a century following the end of the war in 1945.
Video: The Sanction of the Victims
“It is a moral crime to give money to support your own destroyers. Yet that is what businessmen are doing with such reckless irresponsibility.” — Ayn Rand
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