Posted in Economic Issues, Education, Entitlements, Free Society, Free-Market, government incompetence, Government Regulations, Liberty, Philosophy, Policy Issues, Poverty, Rule of Law, Uncategorized, Wealth

Watch “John Stossel – Influence of Milton Friedman” on YouTube

Milton Friedman’s core message was that personal freedom and economic freedom go hand in hand.

Pursuing life, liberty & happiness must be accomplished by individuals, and can’t be granted to us by bureaucrats or gov’t programs.

Milton Friedman understood this and trumpeted this message throughout his life.

Posted in Economic Issues, Education, emotional intelligence, Entrepreneurs, Income Inequality, Organizational structure, outcomes measurement, Policy Issues, Poverty, Technology, Uncategorized, Wealth

Watch “Jordan Peterson | Using Money Productively” on YouTube

Welcome to another edition of Friday’s Philosophical Foray Beyond Healthcare brought to you by the Sovereign Patient blog.

Professor Peterson discusses the implications of the genetic lottery, hard work, success, competence hierarchies, merit and fairness as determinants of social stability in a post-industrial age.

Posted in big government, Cost of labor, Economic Issues, Free-Market, Government Regulations, Government Spending, Healthcare financing, Medical Costs, Organizational structure, outcomes measurement, Policy Issues, Progressivism, Protocols, Uncategorized

The Global Version of More Money =/= Better Education

“This data clearly shows that dumping more money into education doesn’t work.

So perhaps the problem is the way the money is getting spent, not the amount.

That’s why the moral of the story is that we need to break up government school monopolies and harness the power of the market by giving parents and students genuine school choice. For what it’s worth, there’s strong evidence that choice produces good outcomes in the limited instances where it is allowed in the United States.

P.S. There’s also strong evidence for school choice from nations such as Sweden, Chile, and the Netherlands.” -Dan Mitchell

International Liberty

I’ve written several times about how dumping more money into government schools is not a recipe for improved education.

Indeed, I would argue that this chart is the most powerful image I’ve ever seen. More and more money gets plowed into the system (even after adjusting for inflation!), but the only effect is that school systems hired more bureaucrats.

There hasn’t been any positive impact on student test scores.

It’s especially depressing when you compare the United States with other developed nations. We spend more than other countries, on a per-student basis, yet our test scores are below average.

Politicians periodically admit there is a problem, but their solutions – such as Bush’s no-bureaucrat-left-behind scheme and Obama’s common-core boondoggle – simply squander money and rearrange the deck chairs on the Titanic.

Let’s examine whether this pattern is true in other nations. I already shared some research showing that big…

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Posted in American Exceptionalism, Economic Issues, Education, Free Society, Government Regulations, Influence peddling, Organizational structure, Policy Issues, Progressivism

Public School: Never Have so Many Paid so Much to Achieve so Little – Daniel J. Mitchell – Townhall Finance Conservative Columnists and Financial Commentary – Page full

danmitchel
Dan Mitchell

The Washington Post reports on some new research to see how America’s young adults rank compared to their peers in other nations.

The results aren’t encouraging.

via Public School: Never Have so Many Paid so Much to Achieve so Little – Daniel J. Mitchell – Townhall Finance Conservative Columnists and Financial Commentary – Page full.