We’re used to hearing the pathetic,status-quo protecting argument that some industry is “too big to fail” and thus must receive infusions of government money to prevent “failure.”
Recently, UCLA chancellor Gene Block trotted that one out for public higher education, trying to scare people with a vision of ruin if states don’t start pumping more money into higher ed. I think it’s a silly argument and say so in my latest SeeThru.edu post.