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Tag Archives: Education

Quotation of the Day…

… is from pages 176-177 the 1987 Liberty Fund edition of the Correspondence of Adam Smith; specifically, it’s from Smith’s September 20th, 1774, letter to Dr. William Cullen: A degree can pretend to give security for nothing but the science of the graduate; and even or that it can give but a very slender security. For his good sense and discretion, qualities not discoverable by an academical examination, it can give no security at all. DBx: In this letter Smith focused on degrees in...

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Parents Feeling the Student Loan Squeeze

Total household debt climbed to a record $13 trillion in 2017. One factor driving overall American indebtedness higher is the ever-increasing burden of student loans.A recent article in the focused on three charts that illustrate the ever-increasing toll of the student loan bubble – and it’s not just impacting students. Parents are increasingly feeling the squeeze.According to the latest data,  student loan debt stands at a staggering $1.4 trillion, owed by some 44.2 million borrowers....

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Some Links

John Tamny very nicely explains – by using the real-world case of Hong Kong – just why Trump’s protectionist ideas are nitwittery on stilts.  A slice: That the U.S. is open to the world’s plenty is the surest sign that the American worker is not being taken advantage of.  Stating the obvious, the global competition for the paycheck of the American worker is the surest sign that Americans are getting the best deal of all.  What imperils all this is Trump’s much vaunted “dealmaking,” not...

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On Private Funding for GMU Econ and Mercatus

Yesterday’s Wall Street Journal had four excellent letters on the trumped-up ‘scandal’ over the funding that GMU Econ and GMU’s Mercatus Center receive from private donors.  Here are two of these letters: Of the thousands of policy briefings I’ve attended, the Mercatus Center’s were among the most practical and informative for a young staffer. Through Mercatus I became a disciple of Russ Roberts, Bruce Yandle and many other economists with a knack for translating arcane research into...

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On Private Funding for GMU Econ and Mercatus

Yesterday’s Wall Street Journal had four excellent letters on the trumped-up ‘scandal’ over the funding that GMU Econ and GMU’s Mercatus Center receive from private donors.  Here are two of these letters: Of the thousands of policy briefings I’ve attended, the Mercatus Center’s were among the most practical and informative for a young staffer. Through Mercatus I became a disciple of Russ Roberts, Bruce Yandle and many other economists with a knack for translating arcane research into...

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Some Links

In this podcast, Alberto Mingardi talks with the Wall Street Journal‘s Mary Kissel about the unfortunate rise of populism. My intrepid Mercatus Center colleague Veronique de Rugy correctly argues that the GOP is no advocate of small and limited government.  A slice: Led by a president who doesn’t appear to understand basic economics and who insists that the long-term drivers of America’s unsustainable national debt—Social Security and Medicare—can’t be touched, the mainstream GOP has...

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Some Links

In this podcast, Alberto Mingardi talks with the Wall Street Journal‘s Mary Kissel about the unfortunate rise of populism. My intrepid Mercatus Center colleague Veronique de Rugy correctly argues that the GOP is no advocate of small and limited government.  A slice: Led by a president who doesn’t appear to understand basic economics and who insists that the long-term drivers of America’s unsustainable national debt—Social Security and Medicare—can’t be touched, the mainstream GOP has...

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Some Links

FEECon will soon take place in Atlanta.  (I’ll be there June 8th-10th.) My intrepid Mercatus Center colleague Veronique de Rugy accurately describes Seattle’s worker-head tax as “idiotic.”  A slice: But those who constantly lust over other people’s money have no shame. A union-backed activist group named Working Washington immediately called for — wait for it — Amazon to be charged with a felony for the crime of “intimidating a public servant.” Simply questioning whether its business...

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Some Links

FEECon will soon take place in Atlanta.  (I’ll be there June 8th-10th.) My intrepid Mercatus Center colleague Veronique de Rugy accurately describes Seattle’s worker-head tax as “idiotic.”  A slice: But those who constantly lust over other people’s money have no shame. A union-backed activist group named Working Washington immediately called for — wait for it — Amazon to be charged with a felony for the crime of “intimidating a public servant.” Simply questioning whether its business...

Read More »