BankNotes Archive – December 2016

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BankNotes Articles from December 2016

Question the Conventional Wisdom about College Degrees

December 5, 2016

by Mary Clare Reim Conventional wisdom says that students need a four-year degree to make it in today’s economy. But do the numbers back that up? According to a new study released by the Department of Education, students who pursue an occupational credential (an education that is career-centered) are more … Read more

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Why Does Propaganda Work? Some People Want It

December 5, 2016

by Daniel Lattier There’s a principle in hypnotism that goes like this: A person cannot be hypnotized against his will. He must be a willing subject. He must be fully cooperative. So it goes with propaganda. For propaganda to be effective, it requires submissive subjects. As Professor Nicholas O’Shaughnessy wrote, … Read more

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Secede from the Centrally Planned School System

December 5, 2016

by Ron Paul Maryland Governor Larry Hogan recently signed an executive order forbidding Maryland public schools from beginning classes before Labor Day. Governor Hogan’s executive order benefits businesses in Maryland’s coastal areas that lose school-aged summer employees and business from Maryland families when schools start in August. However, as Governor … Read more

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Thanksgiving Was a Triumph of Capitalism over Collectivism

December 5, 2016

by Richard Ebeling This time of the year, whether in good economic times or bad, is when we gather with our family and friends and enjoy a Thanksgiving meal together. It marks a remembrance of those early Pilgrim Fathers who crossed the uncharted ocean from Europe to make a new … Read more

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The Bureaucracy Is Now More Powerful Than Congress

December 5, 2016

by Gary Gailles Who creates federal laws? Civics books say it is Congress, but the real answer today may be the executive branch. Earlier this year, James Gattuso and Diane Katz reported that just the 229 major regulations issued since 2009 added over $100 billion in annual costs (according to … Read more

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The Benefits and Perils of Being Self-Employed

December 5, 2016

by Doug Thorburn The young client I recently wrote about (“Think Twice about Going West, Young Man,” American Thinker November 13, 2016) who asked whether to come to California to start his business asked a follow-up question, “Should I even bother opening ‘any’ small business?” I figured he could use … Read more

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VISION – Chapter 18 – THE ROLE OF SELF-DISCIPLINE

December 5, 2016

By Leonard E. Read Man, proud man! dressed in a little brief authority, plays such fantastic tricks before high heaven as make the angels weep. -SHAKESPEARE Self-discipline, as distinguished from being disciplined by others-governments, labor unions, neighbors or whoever-is a necessary attainment if liberty is to prevail. Self-discipline is a … Read more

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