Posted on April 23, 2008 by thehappycon
Thomas Sowell taking a line straight out of The Happy Conservative. Here it is from Phi Beta Cons.
Why does the cost of higher education keep ballooning?
“Because,” writes Thomas Sowell, “with the government ready to step in and help whenever tuition is ‘unaffordable,’ why not charge more than the traffic will bear and bring in Uncle [...]
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Posted on April 22, 2008 by thehappycon
While I’m avoiding the 2×2 Heckscher-Ohlin model.
The next time you hear about how schools are underfunded, consider how that money affects the student population.
Let’s say the government decides to increase funding for student grants. Great idea, guys. A couple of things happen.
At schools where enrollment is capped (like Washington U.) by factors other than money, [...]
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Posted on April 22, 2008 by thehappycon
But think of all the transfer payments you’re creating!
Check it out.
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