Joe Jackson – I’m the Man – Live in Sydney, 1991

The Big Kahuna and little kahuna for all to see

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How mother tongue instruction influences education….

Mostly Economics

A very interesting paper by Prof Tarun Jain of ISB.

The summary is given at Ideas4India. The basic idea is students prefer instructions in their mother tongue . If this does not happen due to policy the learning suffers:

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The new era of segregation

WHEN THE CATS AWAY – Melting Pot (1988)

Optimal Tax Rates, Laffer Curves and Growth

Modeled Behavior

Yglesias highlights a paper from Diamond and Saez on optimal taxation.

As an illustration using the different elasticity estimates of Gruber and Saez (2002) for high income earners mentioned above, the optimal top tax rate using the current taxable income base (and ignoring tax externalities) would be τ*=1/(1+1.5 x 0.57)=54 percent while the optimal top tax rate using a broader income base with no deductions would be τ=1/(1+1.5 x 0.17)=80 percent. Taking as fixed state and payroll tax rates, such rates correspond to top federal income tax rates equal to 48 and 76 percent, respectively.

I see some confusion on this issue so I just want to point out the following. The optimal tax rate, the peak of the Laffer Curve, and the tax rate that maximizes GDP are all different things. Moreover, they can have almost any relationship to one another.

That is it could be that the optimal…

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The nuances of the gender pay gap

The Middlebury College Disgrace: Leftism, Ignorance and Hate

American Elephants

Last Thursday. March 2, the distinguished Professor Charles Murray was invited to speak at Middlebury College in Vermont on his most recent book Coming Apart and how it related to the recent election. Plans for protests began to emerge, encouraged by several faculty members. The logic, Dr. Murray says, that “since I am a racist, a white supremacist, a white nationalist, a psuedoscientist whose work has been discredited, a sexist, a eugenicist, and (this is a new one) anti-gay, I did not deserve a platform for my hate speech, and hence it was appropriate to keep me from speaking.”

The lecture hall was filled to capacity, about 400, half of whom had come to hear the lecture, the other half to protest. The protesters had scripts to read from and screamed enthusiastically, but had no idea what they were screaming about. The students got violent, the Political Science professor who…

View original post 521 more words

Islamist Gehad Haddad Versus Muslim Reformer Maajid Nawaz

Nervana

The New York Times (NYT) recently published a column by Gehad el-Haddad — the [previous] spokesman for the global Islamist group The Muslim Brotherhood — penned from the confines of his Egyptian jail cell, in Tora prison. Haddad wrote about his movement’s “peaceful reformist approach,” and he concluded his letter by a shy admission that his group’s political maneuvering created distance between the Brotherhood and the Egyptian people. Haddad, however, failed to address the problematic approach of the ideology of political Islam that was the core problem that forced many Egyptians, including millions of Muslims to turn against the Muslim Brotherhood.

In a column in the Daily Beast, British activist and columnist Maajid Nawaz wrote an open letter to Gehad Haddad, addressing the points Haddad in his NYT’s column and how Haddad only presented half the story, and how it is “disingenuous to argue that your Islamist ideology does not…

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Gallery

Foreign Aid Undermines Economic Development and Subsidizes Bad Policy in Developing Nations

International Liberty

While President Trump apparently intends to waste taxpayer money for more childcare subsidies and presumably is going to duck the critical issue of entitlement reform, there is some good news for advocates of limited government and fiscal responsibility. According a recent news report., he’s not a big fan of outlays for foreign aid.

The White House budget director confirmed Saturday that the Trump administration will propose “fairly dramatic reductions” in the U.S. foreign aid budget later this month. …news outlets reported earlier this week that the administration plans to propose to Congress cuts in the budgets for the U.S. State Department and Agency for International Development by about one third. …The United States spends just over $50 billion annually on the State Department and USAID.

Trump’s skepticism of foreign aid is highly appropriate. Indeed, he’s probably being too soft on the budget for foreign aid.

Government-to-government handouts have

View original post 1,230 more words

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