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Social Security Is Contributing to the Budget Deficit In the Same Way as Peter Peterson | Beat the Press

Social Security Is Contributing to the Budget Deficit In the Same Way as Peter Peterson | Beat the Press | Lewis ECO 101 | Scoop.it
For some reason media fact checkers get especially irate by political figures when they make the entirely true claim that Social Security does not contribute to the budget deficit (e.g. here and here).
I.Lewis Courses's insight:

Social Security does contribute to the budget deficit, and here's how!

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Are Budget Deficits Inflationary? | Bob McTeer's Economic Policy Blog | NCPA.org

Are Budget Deficits Inflationary? | Bob McTeer's Economic Policy Blog | NCPA.org | Lewis ECO 101 | Scoop.it
When I was in graduate school in the olden days (1960s), Professor Waller hired me as his grader in his money and banking and monetary policy classes. At first,
I.Lewis Courses's insight:

How budget deficits do/don't result in inflation.

 

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Law Professors See the Damage Done by 'No Child Left Behind' - The Conversation - The Chronicle of Higher Education

Law Professors See the Damage Done by 'No Child Left Behind' - The Conversation - The Chronicle of Higher Education | Lewis ECO 101 | Scoop.it

Via Joshua J Martin
I.Lewis Courses's insight:

My primary education occurred well before this No Child Left Behind policy was instituted, and for that I am thankful! Teaching to the test provides students with shoddy, bare-bones instruction.  Essentially, they are being cheated of a proper education. 

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Family Times - Ten Good Reasons to Homeschool

Home Educators Family Times is a homeschool publication published 6 times a year, filled with wonderful, helpful, encouraging, practical articles by homeschoolers and recognized leaders.
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A discussion of reasons to homeschool from an educator who endorses the practice. (chapter 10 DB article)

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Assembling the building blocks for UK Round 3 - Maritime Journal

Assembling the building blocks for UK Round 3 - Maritime Journal | Lewis ECO 101 | Scoop.it
Maritime Journal
Assembling the building blocks for UK Round 3
Maritime Journal
Phased development should allow the supply chain to manage demand, adapting to emerging technologies as the industry progresses along the never ending learning curve.
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Economy & Trade | Office of the United States Trade Representative

Economy & Trade | Office of the United States Trade Representative | Lewis ECO 101 | Scoop.it
I.Lewis Courses's insight:

The official government line on why international trade is important to the U.S.

 

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How a Faked Alien invasion Could Turn U.S. Economy Around

How a Faked Alien invasion Could Turn U.S. Economy Around | Lewis ECO 101 | Scoop.it

Economist Paul Krugman, who won a Nobel Prize for his work on developing the New Trade Theory, has a fresh one in the works: the U.S. government should fake an alien invasion to stimulate the economy.

 

Here's the plan according to Krugman:

 

Think about World War II — that was actually negative social product spending and yet it brought us out... If we discovered that space aliens were planning to attack and we needed a massive build-up to counter the space alien threat, and inflation and budget deficits took secondary place to that, this slump would be over in 18 months. And then if we discovered, "whoops, we made a mistake," we'd [still] be better... There was a Twilight Zone episode like this, in which scientists fake an alien threat in order to achieve world peace. Well, this time we need it to get some fiscal stimulus.


Via Nick Laight
I.Lewis Courses's insight:

Ingenious! ;)

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Seize the Moment to Design Schools That Close Gaps - Education Week News

Seize the Moment to Design Schools That Close Gaps - Education Week News | Lewis ECO 101 | Scoop.it
Seize the Moment to Design Schools That Close Gaps
Education Week News
Caught in that achievement gap are low-income students, English-language learners, students with disabilities, and students of color.
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Is the Career Dead? - Huffington Post

Is the Career Dead? - Huffington Post | Lewis ECO 101 | Scoop.it
Is the Career Dead?
Huffington Post
The notion of a career developed with the emergence of free-market economics; people needed goods and services, and wages to acquire them. People began earning ...
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Landlines, Leapfrogs and China's Energy Curve - CNBC.com

Landlines, Leapfrogs and China's Energy Curve CNBC.com Nakano said that while China can acquire the technology, it's the expertise of combining, applying and tweaking technologies for various shale basin requirements which the emerging nation can...
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