And now for something completely different, let’s ask ourselves the question: DO YOU REALLY NEED ALL THAT EDUCATION? Arnold Kling doesn’t necessarily think so. Rather, education just separates the “wheat from the chaff. ” There’s a great debate going on between a some economists over at Econlog.com. Their question? Does more education endows more benefit, or is […]
Do you really need all that education?
June 24, 2011 by Daniel Burton
Filed Under: Education Reform Tagged With: Arnold Kling, Brigham Young, Bryan Caplan, competition, Dropping out, Economics, economist view, Education, high school, Intelligence quotient, Ivy League, signal theory, Standardized test, University of Utah
Federal budget outraces CPI by four times
February 17, 2011 by Daniel Burton
Did you know that federal spending has increased faster than consumer prices? Four times faster? From 2000 to 2010, federal spending has increased 106% while prices (according to the Consumer Price Index) have only increased 26%. In other words, while the cost of stuff has risen only 26%, the government is spending roughly four times more than if […]
Filed Under: Government, Laws and Lawmakers Tagged With: Arnold Kling, Barack Obama, budget, consumer price index, Discretionary spending, Economics, F.A. Hayak, Federal Budget, Federal government of the United States, Friedrich Hayek, Government spending, Laws of Economics, Mandatory spending, postaday2011, Price Index, Road To Serfdom, Social Security, United States federal budget
RSS - Posts