In 2009, as part of President Obama’s signature economic policy that was passed into law as the American Recovery and Reinvestment Act, which is more popularly known as the “stimulus package,” President Obama dedicated some $7 billion for the express purpose of improving academically failing schools through School Improvement Grants (SIG). In order to…
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U.S. spy agencies call themselves an “intelligence community” (IC). The Washington Post has good reason to dub it an intelligence “colossus,” with 16 spy agencies and 107,035 employees. The IC “black budget” for fiscal year 2013 is $52.6 billion, a lot of money even by Washington standards, and that figure is separate from $23 billion…
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Gary Becker, University of Chicago Nobel Laureate in economics, has a must read article in today’s Wall Street Journal. The article echos much of what we here at MGC have been arguing – government failure as a cause of the recession, failure of stimulus and monetary policy to boost economic recovery, the necessity of…
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