Education

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A new national ranking

EducationTaxes and SpendingProduction Theory

Blog02/11/2007

Living near the home of a major state university, national collegiate rankings are a real source of pride. There are the typical sports rankings that make the headlines; those for football and basketball in particular. But lately, The Columbus Dispatch has...

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The business of universal preschool

Big GovernmentEducationTaxes and Spending

Blog01/07/2007

District of Columbia Mayor Adrian Fenty, who took office on January 2, vows to run the nation's capital "like a business." At the same time, his top priority is a takeover of the city's school system, replacing the elected board of education and its superintendent with a...

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THE BIG BUSINESS OF COLLEGE FOOTBALL

EducationMedia and CultureMoney and Banks

Blog01/05/2007

Since economics and college athletics go together these days like post-dated stock options and 3-6 months in a minimum security prison, you ought to know about Mal Moore. Probably a fine man but tragically misplaced, economically speaking — as Athletic Director of the University of Alabama...

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A Root Cause of the Failure of Contemporary Education

EducationPhilosophy and Methodology

Blog10/10/2006

Ask yourself if the following paragraph would seem believable to you if you were to read it a in a newspaper:

Washington, D. C., Oct. 10. Following in the footsteps of "No Child Left Behind," the Department of Education is considering new requirements applicable to all...

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Will Work for School Supplies

Education

Blog10/10/2006

I wondered what was up when the neighbor kids came by doing a government school fund raiser but couldn't explain what the money was for. In this funny NYTimes op-ed Karen Karbo makes it all clear:

...in

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The First Truly Literate Generation

EducationMedia and Culture

Blog06/06/2006

Remember those silly days in the 1990s, when Clinton, Gore, and their friends cobbled together our money to put computers in every classroom and community center? The hope was that the computer...

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A Fair Wage

EducationTaxes and SpendingCalculation and Knowledge

Blog05/12/2006

You hear it from them all the time; teachers just want a fair wage. Oh, well who doesn't? This line of thought begs two questions: How are wage rates established in a free market? And, are market wage rates fair?

 

How are wage rates established in a free...

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Clever, Cooperating Undergrads

EducationPhilosophy and Methodology

Blog03/12/2006

In an effort to spice up the otherwise dreadfully boring section in my micro class on different industry types (price takers vs. searchers, oligopoly, etc.), I always have an "experiment" to demonstrate the difficulties of cartel formation. These aren't controlled experiments so I...

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Tenure's Tenure

EducationMoney and BanksPhilosophy and Methodology

Blog02/21/2006

"Dad Dean" considers university tenure systems at insidehighered.com.

Tenure certainly meets the needs for security and predictability, but it does so by granting impunity and saddling a college with...

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Report from the University Francisco Marroquin (UFM)

EducationAustrian Economics Overview

Blog01/28/2006

I have the great pleasure to report that I am currently at the Universidad Francisco Marroquin (www.ufm.edu.gt) as a visiting professor teaching three courses on Austrian Economics.

While I teach advanced courses on Austrian Economics, mainly dedicated to capital-based macroeconomics and...

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