Philip Greenspun's Economy Recovery Plan

"Nobody has ever made a compelling argument for how having unionized teachers helps students. Nor has anyone ever made a compelling argument for how having tenured teachers helps student performance. Our country's best performing schools (all of them private) have non-unionized teaching staffs. We can't afford to experiment with unionized teachers anymore. The government created the right for public employees to unionize and it can remove that right very quickly if it has the political will.

"How good a job would you do at your company if customers were required by law to buy your product? That's the situation faced by public school management today. It would be illegal for a 14-year-old not to attend the local school, unless his or her family can scratch up a huge tuition payment for a private school. We need to set a deadline by which every American family has the choice to send children to a school other than the local one. There wouldn't be a problem with 'failing schools' anymore because parents would have withdrawn nearly all of their kids from such a school and the building would end up being taken over by a new school with new management."

Hear. Hear.

I would love to see Greenspun and Paul Graham battle in rhymes to settle once and for all who is the one true PG.

Public economic policy is a hard problem, and with all Respect to Philip there are a couple of points from the list of promises to business managers that are somewhat contradictory.

1) world's lowest percentage of GDP (among developed nations) spent on government; only with a low spend will investors have faith that taxes will stay low - This has the consequence of bad infrastructure, an uneducated workforce, less investment in basic sciense which lays the ground for innovation and high-tech industries, etc. A country like Sweden has a high percentage of GDP spent on government, and yet it has managed to create companies such as Saab, Ikea, Ericsson, Electrolux, Hasselblad, Hennez and Maurtitz, Mysql, Volvo, etc.

2) corporate governance that relieves investors from worry that profits will be siphoned off by management - This is one of those things that sound easy but turn out to be extremely hard. History shows that when you try to protect investors from fraud, mismanagement, etc. all you get is more red tape and, bigger government and make things harder for small companies. Sarbannes Oxley (http://en.wikipedia.org/wiki/Sarbanes-Oxley_Act) was an attempt to solve this very problem and it turned out to be a disaster.

3) world's best school system and best educated workers - America has a long way to go here. The problem is that it takes many years to get educated workers: You start in kindergarten and get educated workers 15 years later. Besides empirical studies show that a good education system requires considerable public investment, and thus a larger percentage of GDP spent on government.

4) world's cheapest transportation system and one that is virtually free from uncertainty caused by congestion - again this requires substantial public investment, and is a long term commitment. You will have to spend a good amount of GDP on infrastructure and will only reap the rewards after a decade.

I have to admit that this reads a bit like when you hear politicians talk about technology - it is apparent that their understanding of the domain is not very deep.

"Limited Life Experiences + Overgeneralization = Advice" - Paul Buchheit

Here's a choice quote, just so you know where he's coming from philosophically:

"If the product kills someone with a salary of $50,000 per year and 20 working years remaining, that is approximately $1 million in liability. [...] Punitive damages must be eliminated."

Somehow, I'm just having a hard time believing that the challenges we face are due to businesses not investing because they're afraid of transit union strikes, or businesses not building products because of our failure to adopt a Rand-ian strategy for valuing human life.