Does Competition Improve Public Schools?

A little light reading for your Thanksgiving break (note: sarcasm on the “light” part. But definitely worth reading).

Communist Christmas

Glenn Reynolds: Higher education's bubble is about to burst

I cannot find any authority in the Constitution for making the Federal Government the great almoner of public charity throughout the United States. To do so would, in my judgment, be contrary to the letter and spirit of the Constitution and subversive of the whole theory upon which the Union of these States is founded.

President Franklin Pierce in an 1854 veto. (via hipsterlibertarian)

(Source: hipsterlibertarian, via sovietology)

I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them. It is not to inaugurate new programs, but to cancel old ones that do violence to the Constitution, or that have failed their purpose, or that impose on the people an unwarranted financial burden. I will not attempt to discover whether legislation is “needed” before I have first determined whether it is constitutionally permissible. And if I should later be attacked for neglecting my constituents’ “interests,” I shall reply that I was informed that their main interest is liberty and that in that cause I am doing the very best I can.

Japan and US: Two Innovators Bound to Same Fate?

Debt, financial crisis hurt U.S. competitiveness

GOP outpaces Dems on Twitter

Wishful Thinking on Iran

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Impending US Finance Reform

Sentimentalist journalism or not, this line is scary:

"The bill would create a consumer protection agency and give the US government the power to dismantle large, troubled financial firms.

Even if they’re troubled, the government having that power sounds dangerous.

Republican Senate Minority Leader Mirch McConnell said “what we need to do is make it virtually, if not impossible, to be too big to fail.”

Obama v. Roberts: The Struggle to Come

Error means $59.8 million in state budget cuts

datavis:

Economic Consequences Of Americas Morality Police via potpotato.com

Posted by Joshua Morgan, Editor-In-Chief

datavis:

Economic Consequences Of Americas Morality Police via potpotato.com

Posted by Joshua Morgan, Editor-In-Chief

Hotheaded Emanuel may be White House voice of reason