Archive for December, 2006

Dec26th2006

Love Monterrey, Hate The Airports

First some background: I came to Monterrey, Mexico in March of this year and had a horrible airport experience. Because of bad weather out of Tijuana our airplane was delayed. Since I had to make a connection with another plane in Guadalajara, that flight was missed as well. So after about five hours of waiting […]

Dec22nd2006

HP Going To Mexico

Tomorrow at about 10am I hop on a plane to Monterrey, Mexico, to visit, videotape, and spend time with my 90 y/o grandma. I got the idea of videotaping her from my friend Oso who suggested it in one of his blog posts. Though my grandma is in very good shape, and still walks up […]

Dec22nd2006

Blog Updates And Blog Changes

When I first started this blog in July of 2004, it was with the intention that it would be a place where I can store memorable articles and my thoughts on the world in general. I was hoping that in doing so, I can trace the evolution of my views across time. Being a political […]

Dec22nd2006

Michael Bloomberg On Our Education System

Michael Bloomberg writes in the Wall Street Journal:

Today a bipartisan commission of high-profile academic, government, business and labor leaders selected by the National Center on Education and the Economy (NCEE) will release a report that provides a sobering assessment of our nation’s education system: Only 18 out of 100 high-school freshmen will graduate on time, […]

Dec22nd2006

Quote Of The Day

“It seems very likely to me that the small number of people made redundant as a result of a modest minimum wage hike are very likely to be the worst off of the poor: convicted felons, recovering drug addicts, welfare mothers, the cognitively disabled, high school dropouts, those whose backgrounds were too chaotic to impart […]

Dec21st2006

Capitalism In Latin America

Gary Becker, Nobel Laurette in economics and professor of economics at the University Of Chicago, writes on capitalism in Latin America:
One legitimate reason for the opposition to capitalism in Latin America is that it frequently has been “crony capitalism” as opposed to the competitive capitalism that produces desirable social outcomes. Crony capitalism is a system […]

Dec21st2006

Quote Of The Day

“Good news from the World Bank’s Global Economics Prospects 2007, released today. Growth in developing countries will reach a near-record 7 percent in 2006. That’s much higher than the economic growth in high-income countries, a still respectable 2.6 percent, which is held down by slow growth in many of the sluggish welfare states of Europe…Why […]

Dec20th2006

The Illogic Of Creating Jobs vs. Creating Wealth

Explained by Milton Friedman:
While traveling by car during one of his many overseas travels, Professor Milton Friedman spotted scores of road builders moving earth with shovels instead of modern machinery. When he asked why powerful equipment wasn’t used instead of so many laborers, his host told him it was to keep employment high in the […]

Dec20th2006

Quote Of The Day

“The latest very good data on the federal budget last week didn’t get any attention from most of the media budget reporters, for whom good news is no news. Federal revenues are growing at a brisk pace, up 9% so far in the first two months of fiscal year 2007. That follows 11% growth in […]

Dec20th2006

links for 2006-12-20

Greg Mankiw’s Blog: Does econ make people conservative?
It sure does.
(tags: economics conservatives philosophy sidebar)

Income inequality | Free exchange | Economist.com
Another reason not to worry about income inequality.
(tags: inequality economics)

Inequality, erased | Free exchange | Economist.com
More on inequality.
(tags: inequality economics)

Debating debt | Free exchange | Economist.com
More on student loan debt.
(tags: university economics)

Chile and Milton Friedman | […]

Dec19th2006

The Real Barack Obama

Don’t be fooled by the man behind the curtain, the voting record testifies to who Obama really is:
Last Sunday, while stumping — er, speaking — in New Hampshire, the young senator delivered an interesting line. Attempting to explain his sudden rock-star ascendancy to the pantheon of presidential hopefuls, Obama said voters wanted a new vision: […]

Dec19th2006

links for 2006-12-19

Economics 101 | Free exchange | Economist.com
Trade, miminum wage, and poverty all via the economist blog.
(tags: economics trade free-trade poverty minimum-wage)

History News Network - America Alone
On the recent foreign policy book by Mark Steyn, America Alone.
(tags: foreignpolicy books)

Dec19th2006

Quote Of The Day

“Why is NC doing so well? Choice. NC has an educational system that welcomes innovation and individual initiative. The high school my sons attend, Raleigh Charter, is ranked 9th in the U.S., among all public high schools. That’s in the entire U.S., mind you: number 9 overall, among all U.S. public high schools. A group […]

Dec18th2006

Quote Of The Day

“Sweden is not alone in encouraging competition from independent schools. Parents in Holland and Denmark have a legal right to state funding if they prefer private education. In the Netherlands, about 70 per cent of pupils attend privately-run schools that are state funded. In Denmark, support from only 40 parents is needed to secure state […]

Dec16th2006

links for 2006-12-16

School Choice: 2006 Progress Report
The continued progress of school choice.
(tags: vouchers education)

Dec16th2006

Quote Of The Day

“American prestige is no small thing. Loss of American prestige as a result of Vietnam, the Iran hostage crisis, Somalia and the bombing of the US Embassy in Lebanon emboldened Osama bin Laden to bomb the World Trade Center. Loss of American prestige gives Kim Jong Il the idea that he can test his nukes […]