Category Archives: Education

Is It The Kids Or The Schools?

https://www.theburningplatform.com/2018/08/12/quote-of-the-day-962/

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Macroeconomics Has Lost Its Way, by Alasdair Macleod

Macroeconomics took an ill-advised detour into Keynesianism and has never found its way back. From Alasdair Macleod at goldmoney.com:

The father of modern macroeconomics was Keynes. Before Keynes there were macro considerations, which were firmly grounded in human action, the personal preferences and choices exercised by individuals in the context of their own earnings and profits. In order to give a role to the state, Keynes had to get away from human action and devise a positive management role for central planners. This was the unstated purpose behind his General Theory of Employment, Interest and Money.

To this day, his followers argue that macroeconomics is different from individual actions, and the factors that determine the behaviour of individuals are not the same as those that determine the wider economy. This article explains why it cannot be true, why modern macroeconomic beliefs are fundamentally flawed, and why interventionism has not only failed to produce overall benefits for the wider public, but has been at an unnecessary economic cost.

The basic fallacy

Last week, Martin Wolf (the FT’s chief associate editor and chief economic commentator) presented a programme entitled Economics 101 on BBC Radio 4, in which he raised the question as to whether a democracy can function when voters have little idea of how the economy works and why there has been so little effort to teach economics in schools.[i] The independent economists interviewed, Larry Summers and Joseph Stiglitz, and Wolf himself are strongly pro-Keynesian, and the programme made no mention of the fact that there are different schools of economic thought. The question as to what information should be given to the public and crammed into the minds of schoolchildren was never addressed, and it was clearly to be the Keynesian view.

Wolf is probably the most senior economic commentator in the British media, and one can therefore understand why the BBC, a state-owned broadcaster whose specific mandate is to be unbiased in matters of opinion, thought that by getting such a senior figure to present the programme, and for him to invite well-known economists to be interviewed, that there was no bias. The vast majority of listeners were similarly likely to be unaware of any bias. Furthermore, Wolf himself, being Keynesian, probably thinks that any other economic theory is simply wrong.

To continue reading: Macroeconomics Has Lost Its Way

They Said That? 7/15/18

Unbelievable geographical ignorance, from a Jimmy Kimmel video:

A Nation Built on Lies, by Jim Quinn

Most people don’t want to hear the truth. From Jim Quinn at theburningplatform.com:

“The greatest want of the world is the want of men — men who will not be bought or sold; men who in their inmost souls are true and honest; men who do not fear to call sin by its right name; men whose conscience is as true to duty as the needle to the pole; men who will stand for the right though the heavens fall.”Ellen G. White

The world becomes more chaotic by the day. Good luck finding a politician, business icon, or religious leader who is not bought and sold by corporate or special interests. Finding truth telling honest leaders in today’s world is virtually impossible. Charles Foster Kane, a quasi-biographical portrayal of William Randolph Hearst, is a fine representation of the billionaire clique that pull the strings in our warped, deceitful, greed driven, materialistic world.

Citizen Kane’s thematic portrayal of the American Dream is far more germane to our society today than it was when made in 1941. Financial affluence, material luxury, wielding power over others, and controlling the opinions of the masses through propaganda media, did not guarantee happiness or fulfillment for Kane or todays oligarchs. Kane was happiest as a poor child, living with his parents, playing in the snow on his sled – Rosebud.

Life is a tragedy, with the richest and poorest dead in the end. The only thing that really matters is your character and integrity. The societal hollowness created by those pushing the delusion of a materialistic American Dream based on an ever growing pyramid of debt has left a society morally deadened, psychologically damaged, living lives based on deception, and willfully ignorant of the truth.

Until individuals in this country choose to tell the truth and insist on being told the truth by the leaders they choose, chaos and ultimate collapse will be our destiny. Our economy, our currency system, our banking system, our political system, our mass media, and our public education system are built upon nothing but deception, lies, misinformation and falsity. The entire fetid cesspool of lies cannot withstand the glare of truth, as explained by Ron Paul:

Related image

To continue reading: A Nation Built on Lies

The Meaning Of Good And Evil In Perilous Times, by Brandon Smith

You can’t stamp out conscience. From Brandon Smith at alt-market.com:

Perhaps the most destructive idea ever planted in the minds of the general public is the notion that nothing in this world is permanent — that all things can and must be constantly changed to suit our whims. The concept of impermanence fuels what I call “blank slate propaganda.” The usefulness of the blank slate as a weapon for social control should be explained before we examine the nature of good and evil, because these days it infects everything.

The push for never ending social “evolution” has been called many things over the decades. In the early 1900s in Europe it was called “futurism;” an art and philosophical movement that helped spawn the rise of communism and fascism in politics. The argument that all old ideas and longstanding traditions should be abandoned to make way for new ideas, new technologies, news systems etc., assumes that the supposedly new ways of doing things are superior to the old ways of doing things. Things are rarely this simple, and in most cases the new methods so proudly championed by movements for social change are usually recycled and repackaged old ideas that are notorious for failure.

The blank slate theory is designed to confuse people with self-doubt and to misrepresent the constructs of nature as constructs of society. It most effectively disrupts people’s relationship to their own moral compass by suggesting that moral compass should be completely ignored as artificial. The argument by blank slate proponents is that all boundaries are created by society instead of by inborn conscience, and that these boundaries often hold us back from achieving our goals, bettering ourselves as a species and generally getting what we want out of life.

But the things we want are not always the things we need, and this is something that movements for social change often refuse to grasp. If we are all blank slates and if morality and the human soul are myths, why not do whatever the hell we want, whenever we want and live life as if it is one big Roman orgy of feasting, self-medicating and overall addiction to sensation?

To continue reading: The Meaning Of Good And Evil In Perilous Times

Trump Reverses Obama-Era Policies On Affirmative Action, by Tyler Durden

Trump wants to move toward race-neutral college admissions. That shouldn’t be controversial, but it is. From Tyler Durden at zerohedge.com:

As Donald Trump moves to undo every last trace of Obama’s legacy, the WSJ reported that on Tuesday, the Trump administration reversed Obama-era policies that encourage the use of race in college admissions “to promote diverse educational settings.”  Instead, the Trump administration will encourage the nation’s school superintendents and college presidents to adopt race-blind admissions standards.

The reversal would restore the policy set during President George W. Bush’s administration, when officials told schools that it “strongly encourages the use of race-neutral methods” for admitting students to college or assigning them to elementary and secondary schools.

Attorney General Jeff Sessions made the official announcement Tuesday afternoon.

“The American people deserve to have their voices heard and a government that is accountable to them. When issuing regulations, federal agencies must abide by constitutional principles and follow the rules set forth by Congress and the President,” Sessions said. “In previous administrations, however, agencies often tried to impose new rules on the American people without any public notice or comment period, simply by sending a letter or posting a guidance document on a website. That’s wrong, and it’s not good government.”

The decision comes amid a DOJ probe whether Harvard was illegally discriminating against Asian-American students by holding them to a higher standard in its admissions process. The administration revived the probe last year after Obama civil rights officials dismissed a similar complaint.

While the decision does not change current US law on affirmative action, it provides a strong illustration of the administration’s position on an issue that could take on renewed attention with the departure of Justice Anthony Kennedy from the Supreme Court.

The guidelines, which were issued jointly by the Obama Justice and Education departments, laid out legal recommendations for schools looking to use race as an admissions factor to boost diversity at their schools. Call it state-sponsored affirmative action. However, the WSJ reports that Trump admin officials will argue that the documents, published in 2011 and 2016, go beyond Supreme Court precedent on the issue and mislead schools to believe that legal forms of affirmative action are simpler to achieve than what the law allows.

To continue reading: Trump Reverses Obama-Era Policies On Affirmative Action

The Corruption of Evidence Based Medicine — Killing for Profit, by Dr. Jason Fung

There are a lot of dubious pharmaceutical-company funded studies out there. From Dr. Jason Fung at greenmedinfo.com:

The idea of Evidence Based Medicine (EBM) is great. The reality, though, not so much. Human perception is often flawed, so the premise of EBM is to formally study medical treatments and there have certainly been some successes

Consider the procedure of angioplasty. Doctors insert a catheter into the blood vessels of the heart and use a balloon like device to open up the artery and restore blood flow. In acute heart attacks studies confirm that this is an effective procedure. In chronic heart disease the COURAGE study and more recently the ORBITA study showed that angioplasty is largely useless. EBM helped distinguish the best use of an invasive procedure.

So, why do prominent physicians call EBM mostly useless? The 2 most prestigious journals of medicine in the world are The Lancet and The New England Journal of Medicine. Richard Horton, editor in chief of The Lancet said this in 2015

The case against science is straightforward: much of the scientific literature, perhaps half, may simply be untrue

Dr. Marcia Angell, former editor in chief of NEJM wrote in 2009 that,

It is simply no longer possible to believe much of the clinical research that is published, or to rely on the judgment of trusted physicians or authoritative medical guidelines. I take no pleasure in this conclusion, which I reached slowly and reluctantly over my two decades as an editor

This has huge implications. Evidence based medicine is completely worthless if the evidence base is false or corrupted. It’s like building a wooden house knowing the wood is termite infested. What caused this sorry state of affairs? Well, Dr. Relman another former editor in chief of the NEJM said this in 2002

The medical profession is being bought by the pharmaceutical industry, not only in terms of the practice of medicine, but also in terms of teaching and research. The academic institutions of this country are allowing themselves to be the paid agents of the pharmaceutical industry. I think it’s disgraceful

The people in charge of the system — the editors of the most important medical journals in the world, gradually learn over a few decades that their life’s work is being slowly and steadily corrupted. Physicians and universities have allowed themselves to be bribed.

To continue reading: The Corruption of Evidence Based Medicine — Killing for Profit

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