College students who cheated on a simple task were more likely to want government jobs, researchers from Harvard University and the University of Pennsylvania found in a study of hundreds of students in Bangalore, India.
Their results, recently released as a working paper by the National Bureau of Economic Research, suggest that one of the contributing forces behind government corruption could be who gets into government work in the first place.
For instance, “if people have the view that jobs in government are corrupt, people who are honest might not want to get into that system,” said Rema Hanna, an associate professor at the Kennedy School of Government at Harvard. To combat that problem, governments may need to find new ways to screen people seeking jobs, she said.
In the home stretch of the 2012 presidential campaign, from August to September, the unemployment rate fell sharply — raising eyebrows from Wall Street to Washington.
The decline — from 8.1 percent in August to 7.8 percent in September — might not have been all it seemed. The numbers, according to a reliable source, were manipulated.
And the Census Bureau, which does the unemployment survey, knew it.
Just two years before the presidential election, the Census Bureau had caught an employee fabricating data that went into the unemployment report, which is one of the most closely watched measures of the economy.
And a knowledgeable source says the deception went beyond that one employee — that it escalated at the time President Obama was seeking reelection in 2012 and continues today.
“He’s not the only one,” said the source, who asked to remain anonymous for now but is willing to talk with the Labor Department and Congress if asked.
The Census employee caught faking the results is Julius Buckmon, according to confidential Census documents obtained by The Post. Buckmon told me in an interview this past weekend that he was told to make up information by higher-ups at Census.
I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the Fed’s first plunge into the bond-buying experiment known as quantitative easing. The central bank continues to spin QE as a tool for helping Main Street. But I’ve come to recognize the program for what it really is: the greatest backdoor Wall Street bailout of all time.
Five years ago this month, on Black Friday, the Fed launched an unprecedented shopping spree. By that point in the financial crisis, Congress had already passed legislation, the Troubled Asset Relief Program, to halt the U.S. banking system’s free fall. Beyond Wall Street, though, the economic pain was still soaring. In the last three months of 2008 alone, almost two million Americans would lose their jobs.
The Fed said it wanted to help—through a new program of massive bond purchases. There were secondary goals, but Chairman Ben Bernanke made clear that the Fed’s central motivation was to “affect credit conditions for households and businesses”: to drive down the cost of credit so that more Americans hurting from the tanking economy could use it to weather the downturn. For this reason, he originally called the initiative “credit easing.”
My part of the story began a few months later. Having been at the Fed for seven years, until early 2008, I was working on Wall Street in spring 2009 when I got an unexpected phone call. Would I come back to work on the Fed’s trading floor? The job: managing what was at the heart of QE’s bond-buying spree—a wild attempt to buy $1.25 trillion in mortgage bonds in 12 months. Incredibly, the Fed was calling to ask if I wanted to quarterback the largest economic stimulus in U.S. history….
You are a bad person if you send your children to private school. Not bad like murdererbad—but bad like ruining-one-of-our-nation’s-most-essential-institutions-in-order-to-get-what’s-best-for-your-kid bad. So, pretty bad.
I am not an education policy wonk: I’m just judgmental. But it seems to me that if every single parent sent every single child to public school, public schools would improve. This would not happen immediately. It could take generations. Your children and grandchildren might get mediocre educations in the meantime, but it will be worth it, for the eventual common good. (Yes, rich people might cluster. But rich people will always find a way to game the system: That shouldn’t be an argument against an all-in approach to public education any more than it is a case against single-payer health care.)
So my question is, how would a generation getting mediocre education produce a better teachers for the future kids? It won’t. But again…. we might be already past the point of no return….
A genius boy whose IQ is higher than Albert Einstein is on his way to possibly winning a Nobel Prize after being set free of special education programs in public schools. His mother made the decision to take him out of the programs, even after having doctors diagnose him with ADD and say that her sonJacob Barnett would never even learn to tie his shoes. She describes in her book “The Spark: A Mother’s Story of Nurturing Genius” that she was afraid of trying to pull him out of school. “For a parent, it’s terrifying to fly against the advice of the professionals. But I knew in my heart that if Jake stayed in special ed, he would slip away.”
Jacob was not thriving in special ed classes. He kept turning deeper into himself and was uncommunicative with other people. His doctors diagnosed ADD and prescribed medical treatment for the boy. When he wasn’t in therapy though, his mother noticed him doing amazing things. “He would create maps all over our floor using Q-tips. They would be maps of places we’ve visited and he would memorize every street.”
Jake dropped out of elementary school in the 5th grade. His incredible memory allowed him to attend university classes after he learned all of high school math in two weeks. Now he’s on track to graduate from college at age 14 and working on theories to build on Einstein’s theory of relativity.
“The bottom line is we’re not broke, there’s plenty of money, it’s just the government doesn’t have it,” said Rep. Keith Ellison (D-Minn.), “The government has a right, the government and the people of the United States have a right to run the programs of the United States. Health, welfare, housing – all these things.”
….The focus on trade and investment that President Barack Obama plans to bring to his second coming in Africa will be welcome both for the countries he is visiting this week – Senegal in the west, South Africa and Tanzania in the east – and for the US companies waking up to African economic potential.