Changing Education Paradigms

Changing Education Paradigms Sir Ken Robinson In this talk from RSA Animate, Sir Ken Robinson lays out the link between 3 troubling trends: rising drop-out rates, schools’ dwindling stake in the arts, and ADHD. An important, timely talk for parents and teachers.

Creativity expert Sir Ken Robinson challenges the way we’re educating our children. He champions a radical rethink of our school systems, to cultivate creativity and acknowledge multiple types of intelligence.

The animation in the video below is very good and illustrates his points well. The transcript of his lecture is also include underneath the video. [Read more…]

Government Spending Does Not Create Economic Growth

Government Spending Does Not Create Economic Growth If you knew a dollar invested in something would wind up losing more than a dollar, would you consider that a good investment?

The government does just that when it starts spending taxpayer dollars or borrowed money which future generations must pay back with interest. In the video below Professor Antony Davies of Duquesne University explains the unseen costs of government spending and the best way to stimulate the economy: the private sector.

Professor Antony Davies explains:

“There’s a misconception that when the government spends money it creates jobs. … What we’re forgetting is that the money doesn’t fall from space. The government obtains the money by taxing or borrowing. And when it does those things jobs are destroyed.

So at the end of the day the government isn’t creating jobs, it’s moving jobs. Jobs leave where the government taxes and borrows and appear where the government spends.” [Read more…]

Simplifying the Tax Code

Simplifying the Tax Code Paying taxes can be tough — it’s complex, convoluted, time consuming, and often very frustrating. The US Tax Code has become a monstrosity that destroys competitiveness and productivity. It must be radically simplified!

In this video Randall Holcombe, Professor of Economics, explains how we can simplify the tax code by eliminating loopholes for special interests and lowering tax rates and how this helps improve economic growth and promotes wealth creation. [Read more…]

No Excuses – Motivation and Hard Work Make Dreams Into Realities

Motivation and Sacrifices Make Dreams Into Realitiesby Chris Banescu –

What is your goal in life? What is your dream?

A dream must be acted upon to have any chance of success. It can only be achieved if we have the passion, motivation, discipline, and determination to pursue it with our whole heart and mind. Our dream must have our full focus, attention, and energy. We must be willing and able to do the hard work necessary to make it become a reality. Just like a “faith without works is dead,” a dream without works and sacrifices is just a fantasy, a delusion.

Don’t let your fears stand in the way of your dreams. It is better to have tried and failed than to never have tried at all. Regret is worse than failure! [Read more…]

Michael O’Leary on Ryanair Success and EU Incompetence

Ryanair CEO Michael O’Leary by Lachlan Markay –
Innovation and market disruption can be powerful forces for economic growth. But government involvement in the market tends to be a force against disruption, and hence a force against innovation. The drive to protect the dominant companies – often justified in the name of job preservation — prevents success for companies that offer better, cheaper, or different products or services.

The European Union received a frank lesson in these economic truths when it brought Ryanair CEO Michael O’Leary to speak at its recent innovation convention. In a rousing and thoroughly entertaining speech and subsequent Q&A, O’Leary roasted the European Commission’s attempts to protect Europe’s major airlines, often at the expense of innovation in the industry.

“This is the first time I think that I or Ryanair have ever been invited to a conference by the European Union,” O’Leary jibed, “because as most of you know, the European Union spends most of its time either suing me, torturing me, criticizing me, or condemning me for lowering the cost of air travel all over Europe.” [Read more…]

How to Create a Job: Creating Value, Not Just Work

How to Create a Job: Creating Value, Not Just Work Capitalism Economic FreedomWith unemployment still above 9 percent, Americans are searching for answers that will lead to quality, lasting jobs. Past failures of jobs programs show that addressing the symptom instead of the disease has yet to lead to real job growth.

Instead of talking about jobs programs, what needs to be discussed is how to provide the right environment for growth: economic freedom. Watch this video to learn more. [Read more…]

Steve Jobs on Work, Passion, Life, and Death

Steve Jobs work passion life death by Chris Banescu –
As the world mourns the passing away of Steven P. Jobs, the visionary entrepreneur and creative genius behind Apple, it’s important to remember some timeless insights and essential lessons for life that he talked about. I was reminded of the maturity and wisdom of his message while watching a video of an inspiring and thoughtful Commencement address he delivered to the Stanford University graduating class on June 12, 2005. There are several notable comments and sage advice I highlight below. They have helped and reassured me, I hope they will help you also.

Steve Jobs on the importance of dealing with hardships, finding work that you are passionate about, loving what you do, and following your vocation:

“I’m pretty sure none of this would have happened if I hadn’t been fired from Apple. It was awful tasting medicine, but I guess the patient needed it. Sometimes life hits you in the head with a brick. Don’t lose faith. I’m convinced that the only thing that kept me going was that I loved what I did. You’ve got to find what you love. And that is as true for your work as it is for your lovers.

Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do. If you haven’t found it yet, keep looking. Don’t settle. As with all matters of the heart, you’ll know when you find it. And, like any great relationship, it just gets better and better as the years roll on. So keep looking until you find it. Don’t settle.”

[Read more…]

Lessons in Leadership from an Airline Captain

Captain Chesley SullenbergerIt is often in times of crisis and life-threatening emergencies that the real character of an individual is made manifest. The contrasts between the leadership of an American airline captain and that of our current president offer us an opportunity for personal and societal reflection. The differences could not be more striking.

On January 15, 2009, US Airways Flight 1549 took off from New York’s LaGuardia Airport with 155 passengers and crew on board. In the cockpit of the Airbus A-320 twin-engine aircraft were Captain Chesley Sullenberger and First Officer Jeff Skiles. With First Officer Skiles at the controls, the airplane climbed away from the airport. As flight 1549 approached an altitude of 3,000 feet, the plane struck a flock of geese and instantly lost thrust in both engines. At once Captain Sullenberger realized that both engines were failing and imminent danger awaited the passengers and crew. He quickly put his hand on the side stick, called out “my airplane” (at 3:53 in the video), and took over control of the aircraft from First Officer Skiles. There was no panic, no fuss, no paralysis, no moment of indecision — just calm, competent leadership and confident action. [Read more…]

How Washington Continues to Ignore Small Businesses

When the American Recovery and Reinvestment Act (ARRA) was enacted by Congress in February of 2009, a mere 0.899% of the funds were directed toward helping Small Businesses. Despite the fact that the Small Business sector employs over 50% of the American population, Big Business and Wall Street got most of the attention from our government during the “Great Recession” (and continues to do so).


[Read more…]

Steve Wynn: No Common Sense in Washington

Steve Wynn
Steve Wynn

Steve Wynn, the American entrepreneur and casino resort/real-estate developer, was recently interviewed by CNBC for the opening of his new Encore Beach Club in Las Vegas. During the questions and answers session with the correspondent, the billionaire business owner addressed some of the most serious problems American companies face and the incompetent manner in which politicians in Washington, DC are handling the economic situation and the unpredictable manner in which they continue to aggressively punish US businesses.

In the interview Wynn talks about the lack of common sense that has disappeared in Washington and the completely out-of-control spending that is fueling the massive national debt:

“It’s common sense that’s disappeared in Washington DC. It’s common sense that’s disappeared in the years of 7 and 8 in America. We’re inheriting the awful results, both in our government … of wild, uncontrolled spending, unbelievable, unsustainable debt.

And yet, here we are, doing it again, $20 billion a month to the FHA. On top of what happens to Fannie Mae and Freddie Mac. We’re doing it again today for $20 billion a month! We’re destroying the housing market, again; under the name of a stimulus, phony misrepresented names.”

[Read more…]