Saturday, February 01, 2020
Why Hong Kong's Economy Has Grown 7x Faster Than Cuba's Since Since the 1950s - Foundation for Economic Education
Why Hong Kong's Economy Has Grown 7x Faster Than Cuba's Since Since the 1950s - Foundation for Economic Education
"Back in 2014, I compared Hong Kong’s amazing growth with Cuba’s pitiful stagnation and made the obvious point that free markets and limited government are the right recipe for prosperity.
Especially if you care about improving the lives of the less fortunate.
Communists claim that their ideology represents the downtrodden against the elite, yet the evidence from Cuba shows wretched material deprivation for most people.
In Hong Kong, by contrast, incomes have soared for all segments of the population.
- Neil Monnery’s book "A Tale of Two Economies" explains how the fortunes of Hong Kong and Cuba were shaped by two individuals.
"Back in 2014, I compared Hong Kong’s amazing growth with Cuba’s pitiful stagnation and made the obvious point that free markets and limited government are the right recipe for prosperity.
Especially if you care about improving the lives of the less fortunate.
Communists claim that their ideology represents the downtrodden against the elite, yet the evidence from Cuba shows wretched material deprivation for most people.
In Hong Kong, by contrast, incomes have soared for all segments of the population.
Read all.How important are key individuals in shaping the success or failure of economies? …Neil Monnery’s A Tale of Two Economies is in some sense a polemic against historical determinism, at least insofar as promoting economic reforms is concerned.It stresses the importance of two single individuals, one a great man for many, one an obscure official and political unknown to the most, in shaping the destiny of their respective countries. …Ernesto “Che” Guevara and John Cowperthwaite. …Monnery insists that both of them were “deep and original thinkers.” …The key difference between the two was perhaps that Cowperthwaite had a solid education in economics… Neither the way in which Hong Kong progressed, nor Cuba’s, were thus inevitable..."
There has yet to be a rule made that the Dems aren't willing to break --Fans of Best of the Web Today
Fans of Best of the Web Today
"There has yet to be a rule made that the Dems aren't willing to break !
Also; please witness the magic of money - it overcomes just about any problem you can think of !"
"There has yet to be a rule made that the Dems aren't willing to break !
Also; please witness the magic of money - it overcomes just about any problem you can think of !"
Virginia Legislature Officially Approves Gun Control | The Daily Caller
Virginia Legislature Officially Approves Gun Control | The Daily Caller:
The Virginia House of Delegates approved a series of gun control laws Thursday, just over a week after Second Amendment activists staged massive protests at the state capital of Richmond.
The legislation included universal background checks, red flag laws and a law limiting citizens of the Commonwealth to one firearm purchase a month, according to ABC News. Democratic Virginia Gov. Ralph Northam has made gun control a top priority since Democrats took control of the state legislature last November.
The legislation included universal background checks, red flag laws and a law limiting citizens of the Commonwealth to one firearm purchase a month, according to ABC News. Democratic Virginia Gov. Ralph Northam has made gun control a top priority since Democrats took control of the state legislature last November.
Trump Supporters Score Higher on Verbal Ability Tests – Reason.com
Trump Supporters Score Higher on Verbal Ability Tests – Reason.com
...The mean verbal ability score for Trump supporters was 6.15 words correct, while the mean verbal ability score for Clinton supporters was 5.69 correct, a difference of nearly a half a question on a 10-question test.
This moderate difference is statistically significant at p>.0005.
Further, Trump supporters score significantly higher on verbal ability (6.15 correct) than the rest of the public combined (5.70 correct), whereas Clinton supporters score significantly lower on verbal ability (5.69 correct) than the rest of the public combined (5.98 correct)..."
Read all
- And they do better on most science knowledge questions, too.
...The mean verbal ability score for Trump supporters was 6.15 words correct, while the mean verbal ability score for Clinton supporters was 5.69 correct, a difference of nearly a half a question on a 10-question test.
This moderate difference is statistically significant at p>.0005.
Further, Trump supporters score significantly higher on verbal ability (6.15 correct) than the rest of the public combined (5.70 correct), whereas Clinton supporters score significantly lower on verbal ability (5.69 correct) than the rest of the public combined (5.98 correct)..."
Read all
Felon no longer deemed threat after sex reassignment treatment
Felon no longer deemed threat after sex reassignment treatment
"The Iowa Attorney General’s Office is no longer seeking the commitment of a former Midwest Christian Services student convicted of myriad sex crimes because the individual now identifies as a woman.
...Attorney general spokesman Lynn Hicks wouldn’t comment on the reason for the dismissal other than to say “an offender’s hormone levels are an important part of substantiating an offender’s likelihood of recidivism.”
In November, the Storm Lake Times reported that Joseph Matthew Smith, a 23-year-old convicted of molesting a fellow MCS student in 2014...
...Smith has expressed a preference to identify as Josie, according to court documents.
“We don’t believe we have evidence sufficient to prove Josie Smith has a significant chance of reoffending,” Hicks said late last week..."
Read all.
"The Iowa Attorney General’s Office is no longer seeking the commitment of a former Midwest Christian Services student convicted of myriad sex crimes because the individual now identifies as a woman....Attorney general spokesman Lynn Hicks wouldn’t comment on the reason for the dismissal other than to say “an offender’s hormone levels are an important part of substantiating an offender’s likelihood of recidivism.”
In November, the Storm Lake Times reported that Joseph Matthew Smith, a 23-year-old convicted of molesting a fellow MCS student in 2014...
...Smith has expressed a preference to identify as Josie, according to court documents.
“We don’t believe we have evidence sufficient to prove Josie Smith has a significant chance of reoffending,” Hicks said late last week..."
Read all.
Presidents Have the Authority—and Every Right—to Remove Ambassadors | The Heritage Foundation
Presidents Have the Authority—and Every Right—to Remove Ambassadors | The Heritage Foundation:
Multiple news outlets last week reported on a 2018 video recording in which two men with Ukrainian connections, Lev Parnas and Igor Fruman, apparently inform President Donald Trump that the U.S. ambassador to Ukraine, Marie Yovanovitch, was undermining his policy and asserting that he soon would be impeached. In response, Trump reportedly ordered: “Get rid of her.”
Unsurprisingly, this recording became part of the broader impeachment debate, which accuses Trump of abuse of power, even though Yovanovitch herself acknowledges that she “served at the pleasure of the president.”
Unsurprisingly, this recording became part of the broader impeachment debate, which accuses Trump of abuse of power, even though Yovanovitch herself acknowledges that she “served at the pleasure of the president.”
Israeli Arabs Reject 'Nightmare' of Living Under Palestinian Authority | United with Israel
Israeli Arabs Reject 'Nightmare' of Living Under Palestinian Authority | United with Israel
"Responding to deal’s suggestion that Arab communities be transferred to a PA state, Israeli Arabs reject the opportunity, saying they prefer to live in Israel.--By United with Israel Staff
"Responding to deal’s suggestion that Arab communities be transferred to a PA state, Israeli Arabs reject the opportunity, saying they prefer to live in Israel.--By United with Israel Staff
Residents of the ‘Triangle’ of Israeli-Arab towns and villages in the Haifa District have slammed US President Donald Trump’s Mideast peace plan, according to which their communities would be transferred to a Palestinian state, Ynet reported.
...“This is a nightmare that cannot be implemented,” Taibeh Mayor Shuaa Massarweh Mansour said, Ynet reported..."
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The Fiscal Cost of Resettling Refugees in the United States
The Fiscal Cost of Resettling Refugees in the United States
"...Reflecting America’s long tradition of providing refuge to the oppressed, we have admitted over 3.5 million people since 1980 and 96,900 refugees just in the last year in 2016.
As the nation considers what levels of immigration we can fiscally and environmentally sustain, it is important to understand the costs of resettling both refugees (people seeking refugee status abroad) and political asylum seekers (those applying for refugee status from within the United States).
According to a new study released by FAIR, the annual cost to U.S. taxpayers is $1.8 billion and over five years, that financial burden skyrockets to $8.8 billion.
...The cost per refugee to American taxpayers just under $79,600 in the first five years after a refugee is resettled in the U.S...."
Read all.
"...Reflecting America’s long tradition of providing refuge to the oppressed, we have admitted over 3.5 million people since 1980 and 96,900 refugees just in the last year in 2016.
As the nation considers what levels of immigration we can fiscally and environmentally sustain, it is important to understand the costs of resettling both refugees (people seeking refugee status abroad) and political asylum seekers (those applying for refugee status from within the United States).According to a new study released by FAIR, the annual cost to U.S. taxpayers is $1.8 billion and over five years, that financial burden skyrockets to $8.8 billion.
...The cost per refugee to American taxpayers just under $79,600 in the first five years after a refugee is resettled in the U.S...."
Read all.
Bad News Alarmists - Official Data Reveals Arctic Sea Ice is once again GROWING - Electroverse
Bad News Alarmists - Official Data Reveals Arctic Sea Ice is once again GROWING - Electroverse
BAD NEWS ALARMISTS — OFFICIAL DATA REVEALS ARCTIC SEA ICE IS ONCE AGAIN GROWING
Arctic sea ice extent in January 2020 is sitting ABOVE levels observed in the years 2019, 2018, 2017, 2016, 2015, 2012 (record low extent), 2011, AND 2010..."
BAD NEWS ALARMISTS — OFFICIAL DATA REVEALS ARCTIC SEA ICE IS ONCE AGAIN GROWING
There is nothing catastrophic, alarming, or even a little worrisome about this data, and it comfortably puts to bed the “prophecies of doom” perpetuated on a daily basis across the western media.
Very few MSM outlets have fact-checking as a top priority–there is a lot of grandstanding, of course, and paragraphs upon paragraphs on how science + consensuses have –for what would be first time in history– magically combined to deliver an unquestionable truth…"
Read all.
Trump Signs USMCA Trade Deal At The White House | The Daily Caller
Trump Signs USMCA Trade Deal At The White House | The Daily Caller:
President Donald Trump signed the United States-Mexico-Canada Agreement (USMCA) at the White House on Wednesday, declaring that he is “finally ending the NAFTA nightmare.”
The USMCA is a trade deal between the three countries that replaces the North American Free Trade Agreement (NAFTA), which was signed into law by President Bill Clinton in 1994. Trump campaigned on getting rid of NAFTA in 2016, calling it the worst trade deal in history and blaming it for the mass outsourcing of American manufacturing jobs.
The USMCA is a trade deal between the three countries that replaces the North American Free Trade Agreement (NAFTA), which was signed into law by President Bill Clinton in 1994. Trump campaigned on getting rid of NAFTA in 2016, calling it the worst trade deal in history and blaming it for the mass outsourcing of American manufacturing jobs.
Transparency International Fails On Solutions: If You Want To Defeat Corruption, Push For Economic Freedom
Transparency International Fails On Solutions: If You Want To Defeat Corruption, Push For Economic Freedom: 
The first of these was that of Transparency International, which released the Corruption Perceptions Index (CPI) in 1995.
The annual index continues to be expanded and improved, and the 2019 ranking was released last week.
It covers 180 countries and territories around the world..."
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- The more economic freedom the lower corruption (higher transparency).
The first of these was that of Transparency International, which released the Corruption Perceptions Index (CPI) in 1995.
The annual index continues to be expanded and improved, and the 2019 ranking was released last week.
It covers 180 countries and territories around the world..."
Read all.
History for February 1
History for February 1 - On-This-Day.com
John Ford (Sean Aloysius O’Feeney) 1894 - Director, Clark Gable 1901 - Actor ("It Happened One Night", "Gone with the Wind"), Stuart Whitman 1928 - Actor ("Cimarron Strip", "The Longest Day")
Boris Yeltsin 1931 - Russian president 1991-1999, Garrett Morris 1937 - Actor, comedian, Sherman Hemsley 1938 - Actor ("The Jeffersons")
1919 - The first Miss America was crowned in New York City.
2003 - NASA's space shuttle Columbia exploded while re-entering the Earth's atmosphere. All seven astronauts on board were killed.
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