The United States has just now posted the worst quarterly growth figures since 2009. The United Kingdom, the country in which I study, is also experiencing economic contraction again, in what may be the start of a triple dip recession in that country. What’s going on? Let’s have a look.
Tag: UK
David Cameron’s EU Referendum
British Prime Minister David Cameron has pledged to hold an in-out referendum on British membership of the European Union by 2017. This is a very bad idea. Here’s why.
Communist in Name Only: China’s Rising Inequality
The official name is the People’s Republic of China, in case you might forget. You’d be forgiven of course–today’s China does not look much like a “people’s” anything. Increasingly socially and economically stratified, China’s one-party system is about the full extent of its communist or socialist leanings. Or at least, so it seems if you believe a new study out from a Chinese university in Chengdu, which puts China’s Gini coefficient at an utterly ridiculous 0.61.
Continue reading “Communist in Name Only: China’s Rising Inequality”
How Big Government Discovered America
In the 15th century, when Christopher Columbus needed money to make his voyage to the Americas, he approached several heads of state. He came to the John II of Portugal, to the doges of Genoa and Venice, to Henry VIII in England, all of whom declined to fund his grandiose and zany project. Finally, he went to Ferdinand II and Isabella I of Spain. Their ministers, like the ministers in the previous nations, deemed the voyage impractical, too costly, too foolish. A bad investment. All the same, the Spanish monarchs decided to appoint Columbus Admiral of the Seas and dumped a pile of state investment upon him. And so, from the bosom of state largesse, the discovery of America began.
How to Fix the Education System
By all accounts, the public education systems in western countries are not performing to the level that we are collectively demanding. There are fundamental structural problems with our schools that inhibit good outcomes for students. Western countries have become obsessed with universal student attainment of minimum academic standards measured by test scores and maximisation of enrolment rates at universities. I propose that this is flat out the wrong goal for our education system, that rather than try to teach everyone the same material at the same kinds of schools in the same kinds of ways, our education system should be more personalised to get the most out of each individual’s talent set, and I have a plan for how to do it.
Benjamin Studebaker 