Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Antitrust

CFR’s Plan to Improve Education: Change Nothing

Fraser Valley Elementary School classroom

The charge made by a report from the Council on Foreign Relations (CFR) that the country’s students score poorly despite U.S. schools spending more than schools in other countries surprised no one. What was surprising was their plan to improve education: Leave things alone.

The report, put out by the CFR’s U.S. Education Reform and National Security task force, outlines clearly the deficits, deficiencies, and shortfalls of what passes for education in this country:

Educational failure puts the United States’ future economic prosperity, global position, and physical safety at risk. The country will not be able to keep pace—much less lead—globally unless it moves to fix the problems it has allowed to fester for too long.

The task force recited the results of the 2009 Program for International Student Assessment (PISA) which measured the performance of 15-year-olds in math, science, and reading. Where once the United States was at the top of the 34-nation OECD (Organization for Economic Cooperation and Development), U.S. students now rank 14th in reading skills, 17th in science, and a dismal 25th in math. It detailed the failure of education in the United States:

  • 25 percent of students fail to graduate from high school
  • It’s 40 percent for blacks and Hispanics
  • In civics only a quarter are proficient
  • Only 22 percent of high school students are “college ready” upon graduation

The report said this bodes poorly for the country in five areas: economic growth, physical safety, intellectual property, global awareness, and unity. It added, “Too many young people are not employable in an increasingly high-skilled and global economy, and too many are not qualified to

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Communists Teach Capitalists Lesson in Free Market Economics

Installed-solar-panels

At a news conference in Washington yesterday, a group of U.S. solar panel makers accused China of dumping Chinese-made solar panels on the U.S. market and asked the government for protection by raising tariffs on the offenders. Executives from SolarWorld, which makes its panels in Oregon, were at the conference along with both Oregon Senators.

Said SolarWorld President Gordon Brinser, his company “can compete with anyone in the world [but] illegal subsidies in China [are allowing] the Chinese solar industry to come in and gut and own the U.S. solar industry.” Because the alleged dumping has caused prices to decline, it has put several panel makers into financial difficulty, and was a proximate cause of the disintegration of Solyndra. Senator Ron Wyden (D-Ore.) claimed that because of the dumping of panels at below-market prices,

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FTC Probes Google in Fishing Expedition

Google 的貼牌冰箱(Google refrigerator)

Image by Aray Chen via Flickr

Google announced on its blog on June 24th that the Federal Trade Commission had launched “a review of our business. We respect the FTC’s process and will be working with them over the coming months to answer questions about Google and our services. ” But Google doesn’t know what the FTC is looking for:

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Stossel, Greenspan, and Ayn Rand

Cover of "Capitalism: The Unknown Ideal"

Cover of Capitalism: The Unknown Ideal

When John Stossel of Fox Business Network wrote his recent “Memo to Alan Greenspan” column, he recounted many of Greenspan’s failings while Chairman of the Federal Reserve, including especially Greenspan’s relentless expansion of the money supply and lowering of interest rates that set in motion the housing bubble that burst in 2007.

But Stossel got one part of his memo wrong.

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The Breakup of Ma Bell

Southwestern Bell logo, 1939–1964

Image via Wikipedia

Ten years into the 20th century, the United States citizenry were still enjoying the afterglow of a remarkable generation of economic growth, innovation, and expansion.

Popular interests consisted of going to the movies, doing the Tango, and reading the Saturday Evening Post. A hands-off President, William Howard Taft, was in the White House, and people were enjoying clever inventions such as traffic lights, the refrigerator, and the telephone.

Alexander Graham Bell patented the telephone on March 7, 1876, but initially it was considered no more than a passing novelty. In fact, Western Union passed up the opportunity to purchase the Bell patents for $100,000.

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Free Markets, Deregulation, and Blame

Quarterly Journal of Austrian Economics

Image via Wikipedia

Free markets, in the full sense of the phrase, exist only in the minds and imaginations of free-market economists from the Austrian School, such as Ludwig von Mises and Murray Rothbard.

The classic definition is simply a market without intervention or regulation by government. In truth, commerce in any developed country is always controlled to some extent by government. A free market requires the right to own property, which means that the wages, earnings, profits, and gains obtained by providing products and services to others belongs to the individual generating them. The assumption is that an individual with this kind of freedom would only make an exchange that gained him a benefit.

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Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.
Copyright © 2021 Bob Adelmann