A facile argument we often hear is that because education has “positive externalities,” it needs to be subsidized, if not provided altogether, by the state — because the free market supposedly underproduces good that have such externalities. In this Pileus post, however, British scholar Mark Pennington draws a distinction between externalities that have policy implications and those that don’t. The externalities associated with education, he argues, don’t have policy implications. We would get the optimal degree of education without any government intervention, and therefore all of the manifold inefficiencies that accompany government intervention are unbalanced by any gains.
The woke revolution in the classroom is about to go federal.
It’s time for a mass deprogramming.
‘It was insensitive, and I have embarrassed myself and my party by its use,’ O’Connor said.
Why the soft-drink giant is pulling back from its left-wing posturing.
Since when do we need the cops to intervene in the recreational stabbings of our youth?
A look at why droves are leaving the state.
James Craig, a Detroit native, has been regarded as a conservative frontrunner to challenge Whitmer.
Cities with more than 250,000 residents that slash police funding will have their sales-tax revenue re-appropriated by the state.
Recent employment data leave no doubt that crisis policy is not suited to a pandemic.
The Fairbanks North Star Borough School District notified parents that the teacher had been placed on administrative leave pending further review.
'These public schools, they have our kids held hostage,' Asra Nomani said.
Goolsbee's statement comes after the April jobs report indicated that U.S. jobs growth fell 800,000 short of expectations.