Archive for March, 2006



Mar11th2006

Quote Of The Day

“There are other, more subtle problems in writing business history. For one thing, you probably won’t have anyone to talk to in your history department. The academy — unlike the country — is overwhelmingly liberal or left/radical and most faculty members don’t really want to understand any aspect of business. That’s why the history course […]

Mar10th2006

“Down with Fidel”

Yahoo news reports:
While Cuba played the Netherlands in the World Baseball Classic, a spectator in the stands raised a sign saying: “Down with Fidel,” sparking an international incident that escalated Friday with the velocity of a major league fastball.
The image of the man holding the sign behind home plate was beamed live Thursday night to […]

Mar10th2006

It’s School Again

My class schedule is in late quarter and so I have a lot of school -not even counting my normal work load - on my plate right now, so blogging will be slow for the next few weeks.

Mar10th2006

Quote Of The Day

“Republicans’ decision to reduce taxes on capital gains and dividends provides a good case study in effective tax policy. When we enacted these measures in 2003, the Congressional Budget Office estimated that revenues would decline by $27 billion over the next two years. Instead, it turned out that the tax cut stimulated investment and increased […]

Mar9th2006

More On Uncertified Teachers

A couple weeks ago I wrote about the principal of a very successful charter school Terrence O. Moore, critique of the education systems certificate program. In it he argued that it amounted to nothing in added value for a teacher. In the conclusion of that essay, professor Moore promised subsequent essays “to refute the […]

Mar9th2006

Quote Of The Day

“Many people in Washington have long known a dirty little secret about tax-cut measures: When done right, they actually result in more money for the government. Ever since the Senate approved the last major tax relief bill, in 2003, revenues have increased every year. In 2004, they went up 5.5%. Last year, they rose 14.5%, […]

Mar8th2006

Black Families Say Goodbye Public Schools, Hello Charter Schools

Katherine Kersten, columnist for the Minneapolis Star Tribune, writes in the Wall Street Journal about the recent action poor black families are taking against failing public schools:
MINNEAPOLIS–Something momentous is happening here in the home of prairie populism: black flight. African-American families from the poorest neighborhoods are rapidly abandoning the district public schools, going to charter […]

Mar8th2006

Quote Of The Day

“No simple cause explains why blacks are disproportionately poor relative to whites. My argument here is not that even a fraction of black poverty can be explained by history, but only to emphasize that expectations that black Americans can and should simply participate in our market capitalist and democratic institutions should they wish to prosper […]

Mar7th2006

Why The Rise In Income Inequality?

Brad Delong, professor of economics at UC Berkeley asked, “What skills and assets do the top 1% of America’s pretax income distribution have today that lead the market to grant them 14% of total income, when their counterparts back in 1980 were granted only 8% of total income?”
Arnold Kling, Phd in economics from MIT responds […]

Mar7th2006

Quote Of The Day

“In the US, the problem now is primary and secondary education. We’ve had such an increase in inequality because a quarter of American kids don’t finish high school! In the current world, with the skills needed, those dropouts are condemned to being members of the underclass. In my view, this is a fault of the […]

Mar6th2006

Why Increasing University Subsidies Does Not Help The Poor

Recently here in California Governor Arnold Schwarzenegger was taken to task for reducing government subsidies to California Universities. The argument went that government subsidies help reduce University costs, which in turn helps reduce tuition, and since the poor would have a hard time paying higher University tuition, government subsidies are a boom for the poor.
While […]

Mar6th2006

Quote Of The Day

“Schools of education are not merely private entities. Rather, in each state, they are deputized by licensure systems to serve as gatekeepers into the teaching profession. Even the vast majority of “alternative” training programs are sponsored by a school of education”. –Frederick M. Hess, director of education policy studies at the American Enterprise Institute writing […]

Mar4th2006

Quote Of The Day

“In the minds of at least some vocal members of the Faculty of Arts and Sciences, expressing such politically incorrect views is the academic equivalent of provoking Islamic extremists by depicting Prophet Mohammed in a political cartoon. Radical academics do not, of course, burn down buildings, at least not since the 1970s. Instead they introduce […]

Mar3rd2006

Ugly Criminals?

A new National Bureau of Economic Research piece finds that ugliness predicts criminality:
Using data from three waves of Add Health we find that being very attractive reduces a young adult’s (ages 18-26) propensity for criminal activity and being unattractive increases it for a number of crimes, ranging from burglary to selling drugs. A variety of […]

Mar3rd2006

Picture Of The Day

Brought to you by Day By Day Toon.

Mar3rd2006

Quote Of The Day

“It’s often noted that the European Union has a combined gross domestic product that is approximately the same as that of the United States. But the EU has 170 million more people. Its per capita GDP is 25 percent lower than that of the U.S. and, most important, that gap has been widening for 15 […]