Phi Beta Cons

The Right take on higher education.

Steve Horwitz on Malinvestments in Higher Ed


In a Freeman piece, economics professor Steve Horwitz takes a look at higher education through “Austrian” lenses and sees it as another instance of the economic waste that inevitably results when government intervenes to promote a good that the country supposedly needs more of than we’d get through purely voluntary means. He calls it a “mini-boom” rather than a “bubble,” and I’m going to ask him about the distinction.


Sign up for free NRO e-mails today:

Subscribe to National Review