I argued yesterday in The GW Hatchet that students should directly allocate their own student fees to groups of their choosing. This initiative isn’t quite as bold as George Leef’s proposal to end mandatory student fees altogether. It’s roughly analagous to settling for personal accounts for Social Security rather than scrapping the system altogether. At any rate, it’s a good day when Hayek is quoted in a mainstream student paper:

Perhaps aspiring central planners think it is a dangerous idea to let people spend their own money, because it might not be spent appropriately. What if Bob and Steve start up the “Bob and Steve Like Beer” club? So what. At least they’re spending their own money. Economist Friedrich Hayek once wrote that “whoever has sole control of the [economic] means must also determine which ends are to be served, which values are to be rated higher and which lower – in short, what men should believe and strive for.” Are these decisions you want to leave to the [student government]?