Let us imagine we have the power to rebuild our education system from the ground up—an appropriate mental exercise as we remember the late Nobel Prize–winning economist Milton Friedman on his 100th birthday tomorrow. If we could rebuild our education system from scratch, it’s unlikely we would create a system …
Sugar producers contribute only a small percentage of value to overall U.S. crop production, yet the industry continues to reap the rewards from government thanks to a significant lobbying presence and sizable campaign donations. The result is government interference in the sugar market, which dates to the 1930s Depression. American …
Sen. Ron Johnson (R-WI) spent 31 years in manufacturing before his election to Congress last November. He’s not letting that experience go to waste. Johnson is out with a new video this morning to coincide with President Obama’s visit to Carnegie Mellon University in Pittsburgh to promote manufacturing. He criticizes …
Paul Krugman recently lamented the fact that in recent years, “manufacturing, once America’s greatest strength, seemed to be in terminal decline.” His analysis, though, misses the mark. He reached this conclusion because “in the 1990s, U.S. manufacturing employment was more or less steady. After 2000, however, it entered a steep …
Maybe the title should be: Are you smarter than Congress? Either way, all signs point to yes. Milton Friedman offers some very good and relevant advice in his interview with a 5th grader from 2003. [youtube]http://www.youtube.com/watch?v=MKke98eAfcQ[/youtube]
[youtube]http://www.youtube.com/watch?v=RWsx1X8PV_A&eurl=http://www.redcounty.com/washington/2009/02/milton-friedman-on-greed/&feature=player_embedded[/youtube]
