Monday, November 22, 2010

How an Economy Grows - George F. Smith - Mises Daily

How an Economy Grows - George F. Smith - Mises Daily: "the economy didn't grow because they consumed more. They consumed more because the economy grew"

"As productivity increased, prices fell, benefiting the producer as well as his customers. Falling prices induce people to save, which swells the amount of capital available for loans. The Keynesian fear of falling prices was yet unknown."

Economists want to stop teachers' degree bonuses - FoxNews.com

Economists want to stop teachers' degree bonuses - FoxNews.com: "Every year, American schools pay more than $8.6 billion in bonuses to teachers with master's degrees, even though the idea that a higher degree makes a teacher more effective has been mostly debunked.

Despite more than a decade of research showing the money has little impact on student achievement, state lawmakers and other officials have been reluctant to tackle this popular way for teachers to earn more money."

Cybersecurity bill gives DHS power to punish tech firms | Politics and Law - CNET News

Cybersecurity bill gives DHS power to punish tech firms | Politics and Law - CNET News: "Section 224 of HSCPIPA hands DHS explicit legal 'authorities for securing private sector' computers. A cybersecurity chief to be appointed by Napolitano would be given the power to 'establish and enforce' cybersecurity requirements."

Will computers with anti-government info be considered "unsecure"?

"Those requirements include presenting 'cybersecurity plans' to the agency, which has the power to 'approve or disapprove' each of them."

Will those plans need to include sensitive info that DHS might accidentally leak and increase security risks?