jmcpherrin
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Some Lessons from Former Fed Chair Alan Greenspan: Working at the Fed Is Harmful for One’s Understanding of Reality
Opinion -Editorial -The founders of the United States had quite a good understanding of the main problems caused by government banks (e.g., “Why Do We Have the Federal Reserve Bank?” by Dalia Marciukaityte). This knowledge was not completely lost in the 20th century. Before becoming one of the longest serving Fed chairs, Alan Greenspan described the reasons […] -
Why Do We Have the Federal Reserve Bank?
Opinion -These days, most people assume that a central bank—in the United States that is the Federal Reserve Bank (Fed)—is something that a country has to have. -
New Heartland Institute Book: How Wall Street Quietly Took Ownership of Your Investments
Opinion -Press Release -Most Americans believe they own the stocks, bonds, and retirement assets in their investment accounts. Legally, they don’t. That reality carries massive implications for the security of Americans’ savings as the United States barrels toward its next major economic crisis. -
Government Regulations Keep Growing
Opinion -The deterioration of our public education provides strong empirical evidence of the failure of government-run and government-regulated systems in providing good education. Unfortunately, it also provides strong evidence of the success of our bureaucrats in avoiding responsibility for their failures. The bureaucrats claim to pursue noble goals, and regulations keep growing, regardless of the harm […] -
Grading by Administrators or How to Pass Failing Students When Pressuring Faculty Fails
Opinion -State universities provide great examples of using human creativity under socialism/fascism (state-run or state-controlled systems). It is not used for productive goals. Instead, it is used by bureaucrats to achieve their own goals. -
Some Fantastical Beliefs People Have About the USSR
Opinion -Falsehoods about the USSR are just examples of the falsehoods this system spreads. -
The Latest Fed Ed Revisions
Opinion -President Trump’s education plans are in motion. I will touch on a few of the most recent developments here. -
Reducing Unfair Discrimination: Statism vs. Free-Market Capitalism
Opinion -“Man is an unoriginal animal,” says Hercule Poirot in Agatha Christie’s “Cards on the Table.” This human tendency to keep doing essentially the same thing may be one reason why we still use government laws and regulations to deal with unfair discrimination regardless of the evidence that they are better at creating rather than eliminating […] -
The Milgram Experiments: Distressing Evidence of Human Nature or the Effectiveness of the Prussian Education System?
Opinion -The harm done by the Prussian academic system, which we still use today, goes far beyond the poor academic results we see in schools. -
Tariffs and Domestic Taxes: Which Are More Harmful?
Opinion -It seems strange that some people who do not want to cut government spending and do not complain about high domestic taxes are very excited about tariffs and predict horrible things happening if tariffs remain in place. Tariffs are just one kind of tax. Yes, tariffs can lead to some inefficiencies when we start producing […] -
Peer Review of Academic Articles: Gold Standard or Paper Money Standard?
Opinion -The first time I heard that the current method used to accept scientific article submissions to academic journals—the peer review of academic articles—was the gold standard to ensure the quality of academic research, the statement sounded reasonable to me. It seemed that everybody agreed that peer review was the best method. However, watching poor decisions […] -
Small Businesses Stopped Hiring and Started Closing DECADES Ago
Opinion -This is DC and Wall Street joining forces to wage war on Main Street. For decades. -
California Schools Are A Mess
Opinion -The Golden State’s education priorities are terribly misguided, schools are bleeding students, and teachers are being laid off. -
Newsom Relinquishing Control to China to Meet the Energy Demands of Californians?
Opinion -California’s Governor Newsom has been on this planet for 57 years and has yet to publicly recognize that modern life requires the use of fossil fuels to function. -
Colorado River: The Sky is Falling, Again
Opinion -Every year for the past 25, at least, negotiating teams for the seven states on the Colorado River have worked to overcome a new crisis, invariably driven by two entities: the State of California and the federal Bureau of Reclamation. -
School Choice Update: The Good, The Bad, And The Controversial
Opinion -Overall, there are now 76 private school choice programs in 35 states, plus Washington, D.C., and Puerto Rico, with 18 states offering universal choice. -
Misinformation About the Arrest of Judge Hannah Dugan
Opinion -The broadsides of Booker and the other high-profile progressives bear no resemblance to the facts of this case. -
The Good, The Bad, and The Ugly of Electric Vehicles
Opinion -The recently released documentary “Electric Vehicles: The Good, The Bad and The Ugly” isn’t just another documentary that lazily cheerleads the industry, though there is a fair amount of marveling at the technology and underscoring its benefits and potential. -
Measuring Performance in Education: Why Do Many Teachers Dislike It?
Opinion -If we really care about education, all government interference that favors the Prussian education system should be eliminated. -
Wind Power’s Eagle-Kill Permits Are a Deadly Failure so Permitting Must Stop
Opinion -The FWS should issue no more wind power eagle kill permits until this issue is resolved. -
We Built It, And They Still Won’t Come
Opinion -If left to state and local governments, redevelopment would be less onerous. -
Time to Defund Climate Models?
Opinion -Maybe it’s time for NASA to stick to space exploration, NOAA to stick to weather forecasting, and for the climate models to be shut down. -
Executive Action’s Shifting Sands – and the Power of Cronyism
Opinion -This style of unilateral policy-making is built upon shifting sands. Even if you can get this or that judge to allow it? The next opposing-party administration can reverse most or all of it. And it undoubtedly will. -
Education Battles Get National Attention
Opinion -SCOTUS will soon rule on cases involving sex and religion in the nation’s schools.