Monthly Archives March 2009

How much is £350bn?

Image via Wikipedia The FT (March 25th, 2009) quotes the head of the Bank of England telling the public that “We are facing very large fiscal deficits over the next two to three years”. How large, Mr King? According to the Ernst & Young Item club, in the two years 2009-10 and 2010-11, the government […]

Stand up! Stand up, for the Emperor!

Image via Wikipedia I used to feel sorry for these people, and I do feel a lingering sympathy, but not much and it’s ebbing away quickly. Why are these people surprised? What were they expecting?  The state is often institutionalized coercion: if they can make everyone study the same subjects, from the same textbooks, why […]

What is the value of schooling?

Image via Wikipedia I have been visiting the website daily since I discovered it a few months ago. Today, I came across this blog entry by Tim Swanson, Is there a future for b-schools? (= business schools) which led me to this article Did Joseph Wharton Cause the US Financial Meltdown?(Oct. 21, 2008). I […]

Digital pens and intrusive pedagogy (or good and bad advertising)

Recently I attended a demonstration of a digital pen by Hitachi (sorry, Japanese-language only) at my university. The plan is to distribute 100 of these digital pens to various teachers and students and see what they come up with in terms of evaluations of its usefulness or new ideas for exploiting this technology. Altho the […]

Is giving people what they want always a good thing?

Since discovering the Mises Institute website late last year, I’ve been spending some time there every day. Having been brought up in a society where the predominant ideology was socialism (UK in the 1960s/70s), I find the free-market ideas of the Austrian economists refreshing and fascinating. Plus the quality of most of the writing and […]