What Should Be Prohibited In a Free Society?

Reports from Harvard and Yale reveal that about 80% of students at both institutions receive As, with mean GPAs reaching 3.7 at Yale and 3.8 at Harvard.

This is a trend that has stretched across decades and across higher education in general. While there was a large jump in the proportion of A grades in 2020, grade inflation has been occurring for a long time. In the 1960s, average GPAs were around 2.5 and most students earned Cs. The incentives of the military draft for the Vietnam War led to dramatic increases in GPA in the 1970s, but the trend has continued since then.

Figure 1: Average GPA in U.S. four-year schools

long_term_grade_inflation.jpg

Source: Rojstaczer and Healy (2010), “Grading in American Colleges and Universities,” Teachers College Record, figure 1.

While the above data ends in 2010, The Yale Daily News article contains a chart of the proportion of letter grades at Yale since then.

Figure 2: Letter grade distribution at Yale, 2010-2023

yale_letter_grade_distribution.jpg

Source: Ray Fair, “Grade Report Update: 2022-2023,” table 1. Retrieved from Gorelick, “Faculty report reveals average Yale College GPA, grade distributions by subject,” Yale Daily News, November 30, 2023.

Grade inflation makes it difficult for employers to hire based on academic performance. Students are learning this and so are using other methods to stand out among job market competitors. Straight As at institutions like Harvard and Yale aren’t enough to signal productivity to prospective employers.

However, there are big disparities across fields. The Yale report shows that subjects like “Women’s Gender & Sexuality Studies” (92.06 percent As) and “Ethnicity, Race, & Migration” (85.43 percent As) are giving top grades to a much greater extent than subjects like economics (52.39 percent) and math (55.18 percent As).

Read the Yale Daily News article here and the Harvard Crimson article here.

American protectionists have yet again come up with some new reasons to push more government regulations and more government control of private property.  This time, the new regulations come in the form of restriction as to whom Americans can sell their own property. Specifically, a number of US states have passed—or are seriously considering passing—new laws prohibiting foreign nationals and foreign entities from owning land within the states in question. 

At least 16 states have done so this year: Alabama, Arkansas, Florida, Idaho, Louisiana, Mississippi, Montana, North Dakota, Oklahoma, South Dakota, Tennessee, Utah, West Virginia, and Virginia. Not all of these new regulations are equally robust. Some restrict the sale only of farmland, some restrict sales on all real property. Some of these restrict sales to nationals of certain disfavored countries, while at least one state—i.e., Oklahoma—bans sales of all non-citizens except under certain circumstances. 

The rationale behind nearly all of this is a moral panic over Chinese ownership of land. The meme has gone about among many conservative nationalists that the Chinese regime is buying up American land and so both states and the federal government must create new regulations and prohibition to protect "freedom." An example of this can be found in a recent post on Twitter by South Dakota governor Kristi Noem which states that "China's holdings"—by which she presumably means holdings of Chinese nationals—increased 5,300%. That's a lot of growth, but one wonders why she didn't mention any actual numbers of acreage. (It is reminiscent of how the Soviets used to report crime statistics only as percentage changes. The USSR data workers kept "forgetting" to publish any totals of actual crime incidents.) 

 So, just how much land do Chinese nationals (and other foreigners) own? It turns out the Federal government already keeps track of this thanks to the Agricultural Foreign Investment Disclosure Act of 1978 (AFIDA). The act requires "foreign investors who acquire, transfer, or hold an interest in U.S. agricultural land to report such holdings and transactions to the Secretary of Agriculture on an AFIDA Report Form FSA-153." Prior to that, the Federal government did not systematically track foreign ownership of land. The act itself, of course, is not constitutional. One will look in vain for anything among the enumerated federal powers in the US constitution authorizing such activities. Nevertheless, since the report exists, we'll have a look. 

According to the most recent AFIDA report, China holds a little under 1 percent of all foreign-owned ag land. But that just foreign-owned ag land. If we look at all privately held ag land overall, China owns 0.03 percent. 

In contrast, the country with the most citizens who hold US ag land is Canada. Canadian investors hold 12.8 million acres, which is 31 percent of all foreign-held land. Canadian nationals hold 0.97 percent of ag land overall. 

It is Europeans, however, who dominate among foreign holders of US ag land. After Canada, the next-largest group of foreign nationals holding ag land is the Dutch, followed by Italians, and then the British. China isn't even in the top ten, however, and comes in behind Ireland, Japan, Mexico, Switzerland, and others. 

All taken together, foreigners own approximately 40.8 million acres. 383,935 of that is held by Chinese nationals. 

Some advocates for more laws against foreign ownership contend that the AFIDA report is missing data, yet critics of the report only offer conjecture about what the "real" numbers are. If AFIDA is wrong, well, people like Kristi Noem don't actually have any better numbers.  In any case it's a safe bet that Chinese nationals don't control even 5 percent of ag land in America.  Moreover, it's rather odd that some Americans wring their hands over the role of Chinese nationals in land ownership when there is no demonstrated threat, whatsoever. 

Rather, if Americans are looking for a large, distant corporate entity that it immensely wealthy and unresponsive to the wishes and needs of Americans, we might be better off looking at the United States government and its immense land holdings. Compared to Chinese nationals' paltry 384,000 acres, the US government owns 640 million acres of non-seabed land—or 16 times more land than the land of all foreign nationals combined. For perspective, the total number of acres in all farmland in America totals 895 million acres. Federal lands comprise 28 percent of all land in America—agricultural or otherwise. 

These federal lands are off-limits to any private ownership—essentially forever. Federal lands have been used for nuclear experiments that have poisoned nearby populations. Federal workers on federal lands have caused a variety of environmental disasters such as the Gold King Mine spill in 2015. The Feds are looking to lock down these lands even more from the general public with initiatives like "wilderness" areas and roadless areas. These lands are controlled primarily by interest groups with influential lobbies in Washington. Yet, it is Chinese ownership we are supposed to be deeply concerned about. 

To get perspective on how much of a threat is Beijing's power versus American federal power we might ask: how much do Americans pay to Beijing in taxes? How much does Beijing regulate American businesses or pollute American waterways and lands? How many Americans has Beijing imprisoned or fined for violating Beijing's rules?  The answers to these questions highlight how fears are generally misplaced about which government does the most damage on a daily basis to Americans private property, American freedom, and American well-being in general. 

Of course, many Americans—thanks to relentless propaganda and gaslighting from the media and public schools—will insist that the US government only has the peoples' best interests at heart. Many have convinced themselves that a few hundred millionaires in Congress somehow represent the interests of 330 million Americans. So, it's not the feds we must fear, with their IRS agents, ATF goons, and FBI secret police—all armed to the teeth. Rather, it's a distant foreign government with virtually no power over us that we should really be worrying about. So, that 640 million acres of federal land is all for the "public good," you see, while a few million acres of foreign-held land is a grave threat.

Editors Note: Much of Murray Rothbard's historical work was grounded upon power elite analysis. Justin Raimondo noted the value of this work, "Theoreticians of the Left and Right are constantly referring to abstract "forces" when they examine and attempt to explain historical patterns. Applying the principle of methodological individualism — which attributes all human action to individual actors — and the economic principles of the Austrian School, Rothbard formulated a trenchant overview of the American elite and the history of the modern era. The following is an example of this work: a 1991 article originally published in the Rothbard Rockwell Report titled "Why the War? The Kuwait Connection", identifying the various factors leading into the first Gulf War, in particular Henry Kissinger's role in the matter.

For more on Rothbard's views on Henry Kissinger and another example of his power elite analysis, read Wall Street, Banks, and American Foreign Policy.

Why the War? The Kuwait Connection

Why, exactly, did we go to war in the Gulf? The answer remains murky, but perhaps we can find one explanation by examining the strong and ominous Kuwait Connection in our government. (I am indebted to an excellent article in an obscure New York tabloid, Downtown, by Bob Feldman, “The Kissinger Affair,” March 27.) The Sabahklatura that runs the Kuwait government is immensely wealthy, to the tune of hundreds of billions of dollars, derived from tax/”royalty” loot extracted from oil producers simply because the Sabah tribe claims “sovereignty” over that valuable chunk of desert real estate. The Sabah tribe has no legitimate claim to the oil revenue; it did nothing to homestead or mix its labor or any other resource with the crude oil.

It is reasonable to assume that the Sabah family stands ready to use a modest portion of that ill-gotten wealth to purchase defenders and advocates in the powerful United States. We now focus our attention on the sinister but almost universally Beloved figure of Dr. Henry Kissinger, a lifelong spokesman, counselor, and servitor of the Rockefeller World Empire. Kissinger is so Beloved, in fact, that whenever he appears on Nightline or Crossfire he appears alone, since it seems to be lese majest (or even blasphemy) for anyone to contradict the Great One’s banal and ponderous Teutonic pronouncements. Only a handful of grumblers and malcontents on the extreme right and extreme left disturb this cozy consensus.

In 1954, the 31-year-old Kissinger, a Harvard political scientist and admirer of Metternich, was plucked out of his academic obscurity to become lifelong foreign policy advisor to New York Governor Nelson Aldrich Rockefeller. Doctor K continued in that august role until he assumed the mastery of foreign policy throughout the Nixon and Ford administrations. In that role, Kissinger played a major part in prolonging and extending the Vietnam War, and in the mass murder of civilians entailed by the terror bombings of Vietnam, the secret bombing of Cambodia, and the invasion of Laos.

Since leaving office in 1977, Dr. Kissinger has continued to play a highly influential role in U.S. politics, in the U.S. media, and in the Rockefeller world empire. It was Kissinger, along with David Rockefeller, who was decisive in the disastrous decision of President Carter to admit the recently toppled Shah of Iran, old friend and ally of the Rockefellers, into the United States, a decision that led directly to the Iranian hostage crisis and to Carter’s downfall. Today, Kissinger still continues to serve as a trustee of the powerful Rockefeller Brothers Fund, as a counselor to Rockefellers’ Chase Manhattan Bank, and as a member of Chase’s International Advisory Committee. Kissinger’s media influence is evident from his having served on the board of CBS, Inc., and having been a paid consultant to both NBC News and ABC News. That takes care of all three networks.

But Kissinger’s major, and most lucrative role, has come as head of Kissinger Associates in New York City, founded on a loan obtained in 1982 from the international banking firm of E.M. Warburg, Pincus and Company. Nominally, Kissinger Associates (KA) is an “international consulting firm” but “consultant” covers many sins, and in KA’s case, this means international political influence-peddling for its two dozen or so important corporate clients. In the fullest report on KA, Leslie Gelb in the New York Times Magazine for April 20, 1986, reveals that, in that year, 25 to 30 corporations paid KA between $150,000 and $420,000 each per annum for political influence and access. As Gelb blandly puts it: “The superstar international consultants [at KA] were certainly people who would get their telephone calls returned from high American government officials and who would also be able to get executives in to see foreign leaders.” I dare say a lot more than mere access could be gained thereby. KA’s offices in New York and Washington are small, but they pack a powerful punch. (Is it mere coincidence that KA’s Park Avenue headquarters is in the same building as the local office of Chase Manhattan Bank’s subsidiary, the Commercial Bank of Kuwait?)

Who were these “superstar international consultants?” One of them, who in 1986 was the vice chairman of KA, is none other than General Brent Scowcroft, former national security advisor under President Ford, and, playing the exact same role under George Bush, serving as the chief architect of the Gulf War. One of the General’s top clients was Kuwait’s government-owned Kuwait Petroleum Corporation, who paid Scowcroft for his services at least from 1984 through 1986. In addition, Scowcroft became a director of Santa Fe International (SFI) in the early 1980s, not long after SFI was purchased by the Kuwait Petroleum Corporation in 1981. Joining Scowcroft on the SFI board was Scowcroft’s old boss, Gerald Ford. One of SFI’s activities is drilling oil wells in Kuwait, an operation which, of course, had to be suspended after the Iraq invasion.

Brent Scowcroft, it is clear, has enjoyed a long-standing and lucrative Kuwait connection. Is it a coincidence that it was Scowcroft’s National Security Council presentation on August 3, 1990, which according to the New York Times (February 21) “crystallized people’s thinking and galvanized support” for a “strong response” to the Iraq invasion of Kuwait?

Scowcroft, by the way, does not exhaust the Republican administrations’ revolving door among Kissinger Associates. Another top KA official, Lawrence Eagleburger, undersecretary of state under Reagan, has returned to high office after a stint at KA as deputy secretary of state under George Bush.

Also vitally important at KA are the members of its board of directors. One director is T. Jefferson Cunningham III, who is also a director of the Midland Bank of Britain, which has also been a KA client. The fascinating point here is that 10.5 percent of this $4 billion bank is owned by the Kuwait government. And Kissinger, as head of KA, is of course concerned to advance the interests of his clients – which include the Midland Bank and therefore the government of Kuwait. Does this connection have anything to do with Kissinger’s ultra-hawkish views on the Gulf War? In the meantime, Kissinger continues to serve on President Bush’s Foreign Intelligence Advisory Board, which gives Kissinger not only a channel for giving advice but also gives him access to national security information which could prove useful to KA’s corporate clients.

Another KA client is the Fluor Corporation, which has a special interest in Saudi Arabia. Shortly before the August 2 invasion, Saudi Arabia decided to launch a $30 to $40 billion project to expand oil production, and granted two huge oil contracts to the Parson and Fluor corporations. (New York Times, August 21)

One member of KA’s board of directors is ARCO Chairman Robert O. Anderson; ARCO, also one of KA’s clients, is engaged in joint oil-exploration and oil-drilling in offshore China with Santa Fe International, the subsidiary of the Kuwait government.

Other KA board members are William D. Rogers, undersecretary of state in the Eisenhower administration, and long-time leading Dewey-Rockefeller Republican in New York; former Citibank (Rockefeller) Chairman Edward Palmer; and Eric Lord Roll, economist and chairman of the board of the London international banking house of S.F. Warburg.

Perhaps the most interesting KA board member is one of the most Beloved figures in the conservative movement, William E. Simon, secretary of treasury in the Nixon and Ford administrations. When Simon left office in 1977, he became a consultant to the Bechtel Corporation, which has had the major massive construction contracts to build oil refineries and cities in Saudi Arabia. In addition, Simon became a consultant to Suliman Olayan, one of the wealthiest and most powerful businessmen in Saudi Arabia. Long a close associate of the oil-rich Saudi royal family, Olayan had served Bechtel well by getting it the multi-billion contract to build the oil city of Jubail. In 1980, furthermore, Olayan hired William Simon to be chairman of two investment firms owned jointly by himself and the influential Saudi Prince Khaled al Saud.

Bechtel, the Rockefellers, and the Saudi royal family have long had an intimate connection. After the Saudis granted the Rockefeller-dominated Aramco oil consortium the monopoly of oil in Saudi Arabia, the Rockefellers brought their pals at Bechtel in on the construction contracts. The Bechtel Corporation, of course, has also contributed George Shultz and Cap Weinberger to high office in Republican administrations. To complete the circle, KA director Simon’s former boss Suliman Olayan was, in 1988, the largest shareholder in the Chase Manhattan Bank after David Rockefeller himself.

The pattern is clear. An old New Left slogan held that “you don’t need a weatherman to tell you how the wind is blowing.” In the same way, you don’t need to be a “conspiracy theorist” to see what’s going on here. All you have to do is be willing to use your eyes.

November 22 was the sixtieth anniversary of President Kennedy’s assassination. It was obvious in 1963 that the “official” story that a ‘lone nut,“ Lee Harvey Oswald, had gunned down the president was a lie.

Here is what the great Murray Rothbard wrote about the assassination in 1992, in a review of Oliver Stone’s movie JFK:

“The most fascinating thing about JFK, as exciting and well-done as it is, is not the movie itself but the hysterical attempt to marginalize, if not to suppress it. How many movies can you remember where the entire Establishment, in serried ranks, from left (The Nation) through Center to Right, joined together as one in a frantic orgy of calumny and denunciation. Time and Newsweek actually doing so before the movie came out? Apparently, so fearful was the Establishment that the Oliver Stone movie might prove convincing that the public had to be thoroughly inoculated in advance. It was a remarkable performance by the media, and it demonstrates, as nothing else, the enormous and growing gap between Respectable Media opinion and what the public Knows in its Heart.

You would think from the shock of the Respectable Media, that Stone’s JFK was totally outlandish, off-the-wall, monstrous and fanciful in its accusations against the American power structure. And you would think that historical films never engaged in dramatic license, as if such solemnly hailed garbage as Wilson and Sunrise at Campobello had been models of scholarly precision. Hey, come off it guys! Despite the fuss and feathers, to veteran Kennedy Assassination buffs, there was nothing new in JFK. What Stone does is to summarize admirably the best of a veritable industry of assassination revisionism – of literally scores of books, articles, tapes, annual conventions, and archival research. Stone himself is quite knowledgeable in the area, as shown by his devastating answer in the Washington Post, to the smears of the last surviving Warren Commission member, Gerald Ford, and the old Commission hack, David W. Belin. Despite the smears in the press, there was nothing outlandish in the movie. Interestingly enough, JFK has been lambasted much more furiously than was the first revisionist movie, Don Freed’s Executive Action (1973), an exciting film with Robert Ryan and Will Geer, which actually did go way beyond the evidence, and beyond plausibility, by trying to make an H.L. Hunt figure the main conspirator.

The evidence is now overwhelming that the orthodox Warren legend, that Oswald did it and did it alone, is pure fabrication. It now seems clear that Kennedy died in a classic military triangulation hit, that, as Parkland Memorial autopsy pathologist Dr. Charles Crenshaw has very recently affirmed, the fatal shots were fired from in front, from the grassy knoll, and that the conspirators were, at the very least, the right-wing of the CIA, joined by its long-time associates and employees, the Mafia. It is less well established that President Johnson himself was in on the original hit, though he obviously conducted the coordinated cover-up, but certainly his involvement is highly plausible.

The last-ditch defenders of the Warren view cannot refute the details, so they always fall back on generalized vaporings, such as: “How could all the government be in on it?” But since Watergate, we have all become familiar with the basic fact: only a few key people need be in on the original crime, while lots of high and low government officials can be in on the subsequent cover-up, which can always be justified as “patriotic,” on “national security” grounds, or simply because the president ordered it. The fact that the highest levels of the U.S. government are all-too capable of lying to the public, should have been clear since Watergate and Iran-Contra. The final fallback argument, getting less plausible all the time is: if the Warren case isn’t true, why hasn’t the truth come out by this time? The fact is, however, that the truth has largely come out, in the assassination industry, from books – some of them best-sellers – by Mark Lane, David Lifton, Peter Dale Scott, Jim Marrs, and many others, but the Respectable Media pay no attention. With that sort of mindset, that stubborn refusal to face reality, no truth can ever come out. And yet, despite this blackout, because books, local TV and radio, magazine articles, supermarket tabloids, etc. can’t be suppressed – but only ignored – by the Respectable Media, we have the remarkable result that the great majority of the public, in all the polls, strongly disbelieve the Warren legend. Hence, the frantic attempts of the Establishment to suppress as gripping and convincing a film as Stone’s JFK.

Read the full article at LewRockwell.com.