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July 2014

"The Latest Public-Sector Pension Scandal"

Ira Stoll, Reason:

The current system takes rich money managers, who ordinarily might be a voice for lower taxes and restrained government spending, and makes them beholden, for business, on public pension boards that sometimes include union officials. Instead of arguing for less generous pensions, or for personal accounts that employees would manage individually, the money managers now have incentives to argue for more generous pensions and to avoid upsetting the system that is enriching them. . . . 

What should be done? Shut these pension funds down and turn the money over to the individual employees and retirees. Let the government workers open retirement accounts at Charles Schwab, Vanguard, Fidelity, and so on, just like much of the rest of America does. Let the money managers compete for individual business by advertising on the basis of price, service, or performance, rather than by paying off government officials with shoeboxes or paper bags full of cash.

Link via Glenn Reynolds.


"The Common Core Commotion Haven’t we seen this movie before?"

Magnificent attack on education reform by Andrew Ferguson. Virtually no one escapes. He concludes as follows:

The delays and distancing suggest a cloudy future for the Common Core. Even its advocates say that the best possible outcome for now involves a great deal more unpleasantness: The tests will be given to many students beginning next spring, and the results will demonstrate the catastrophic state of learning in American schools. Of course, we knew that, but still. “Maybe this will be a reality check,” one booster told me the other day. “People will take a look at the results and say, ‘Aha! So this is what they’ve been talking about!’ It will send a very strong signal.”

It would indeed, but a signal to do what? Educationists don’t like unpleasantness; it’s not what they signed up for when they became reformers. We already know what happened when NCLB state tests exposed the reality of American public schools. It was time for a new reform. 

In that case, Common Core would survive, but only as NCLB survives—as a velleity, a whiff of a hint of a memory of a gesture toward an aspiration for excellence. And the educationists will grow restless. Someone somewhere will come up with a new reform program, a whole new approach—one with teeth, and high-stakes consequences for stakeholders. Bill Gates will get wind of it. He will be intrigued. His researchers will design experiments to make sure the program is scientifically sound. Data will be released at seminars, and union leadership will lend tentative support. The president will declare a crisis and make reform a national priority. She will want to be called an education president too.


"Solving California's Drought Problem: Market Pricing"

Still more on the fabulous lie that "government is the name we give to things we do together":

The New York Times reports that "cities across California are encouraging residents to tattle on their neighbors for wasting water" — just the kind of behavior that we want our government to cultivate.

Those reluctant to squeal are instead shaming residents they see washing their cars and watering their lawns, and embarrassing anyone suspected of taking long showers.

To help out, water officials in Los Angeles will soon offer hangers that residents can "slip anonymously around the doorknobs of neighbors whose sprinklers are watering the sidewalk."

What a swell way for government to pit neighbors against each other and create conditions that could explode into violence. But then, what should we expect when some officials defend the shaming practice because it's akin to an "education" program?

Even more: "Snitch nation".

There is value in collective self-policing, a feature of health societies that will never and should never disappear entirely. And public shaming has a rich, if lamentable, Western tradition dating back to the stockades. But the rise of an informant culture in America is distinct from self-policing, and many appear to participate in the encouraged practice of informing on others more in service to a base desire to indulge in a little schadenfreude than anything else.


"Madness in Madison"

Professor Emeritus of Economics at the Univ. of Wisconsin-Madison, W. Lee Hansen:

The University of Wisconsin adopted its first diversity plan back in 1966 and every few years it launches a much-touted new one. During my 30-year teaching career at Madison, followed by more than a decade of retirement, I have seen not the slightest bit of evidence that the fixation on “diversity” has made the campus better in any respect.

I predict this new Inclusive Excellence plan will fail to produce its hoped-for utopian outcomes. In a few years, the university will hear demands for yet another diversity plan.  

Achieving “diversity” is like sailing toward the horizon.

You never get there.


"Shalom, motherf****r"

Very well put.

But I will not apologise for surviving.

For surviving missiles intended to kill me. The fact they didn’t kill me doesn’t mean they weren’t sent with the intention to murder. We have a defence system, shelters, evacuation procedures and governments who take care of us – I will not apologise for living and surviving thanks to being prepared because we have a culture that celebrates our lives and cherishes them instead of sending 10-year old children to be fighters and bombers. I will not apologise for having a business, a home, a family and friends here who want normal lives and to live in peace with our neighbors. I will not apologise for existing and I want nothing more than to co-exist quietly with neighbors who accept me here.