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Prostitution, Education and The Future

In the last 2,500 years there are only two professions that have not changed in terms of their delivery of services — prostitution and education. The first is understandable, the second is not.

Where telecommunications, computers and other technological advances drive down costs in virtually every other industry, education remains immune to change. It produces declining outcomes at ever-increasing costs. Cost increases exceed those of virtually every other industry including the healthcare industry. Both are characterized by extreme government involvement. The implementation of ObamaCare will likely vault healthcare into the lead as the most inefficient and least cost-effective industry.

No industry is more suited for productivity gains from technology than education. Governmental monopoly and subsidization have produced a sheltered, pampered industry devoid of competitive pressures and innovation. Teachers unions

A Tragic Abuse of Statistics

Thomas Sowell has always been a clear thinker. He is a brilliant economist who also applied his skills to social and ethnic issues which he has written on both domestically and internationally. His work is heavily empirical with findings that usually contradict convenient political myths.

In this piece Dr. Sowell attacks “the hoax that statistical differences in outcomes for different groups are due to the way other people treat those groups.” Much of the rationale for welfare programs depends upon what Sowell refers to as this “big hoax.” One of the major parties in this country has parlayed these falsities into a constituent base who have been made ever more dependent upon government handouts.

Good politics perhaps, but despicable abuse of the dependents themselves.

The Big Hoax

By Thomas Sowell

There have been many frauds of historic proportions — for example, the financial pyramid scheme for which Charles Ponzi was sent to prison in the 1920s, and for which Franklin D. Roosevelt was praised in the 1930s, when he called it Social Security. In our own times, Bernie Madoff’s hoax has made headlines.

But the biggest hoax of the past two generations is still going strong — namely, the hoax that

Is There Any Hope?

Video about college students that is depressing, discouraging and truly sad. It does not speak well for the future of this country. The only ones… 

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