Evan Soltas has a good piece in Bloomberg on the popular misconception that college costs are soaring. The problem he addresses is that the headline number for the price of college is not actually what students pay. Colleges use price discrimination which means that they charge students from wealthier families more than those from poorer… Continue reading What is the actual cost of attending college?
Author: Matt Bruenig
Unions and redistribution
Last week, Demos released a study that proposed raising wages for workers at big box retailers. According to the study, establishing a $25,000 wage floor at big box retailers would cost big box retailers $20.8 billion per year. If that additional cost were made up through price increases alone, it would amount to a 1%… Continue reading Unions and redistribution
Proudhon hilariously slamming Say
For my money, P.J. Proudhon is still history’s greatest critic of property theories. His writing is also wildly entertaining because it is extremely angry and vitriolic. In his magnum opus —
The radical Rawls
Martin O’Neill and Thad Williamson had an article in the Boston Review outlining some of the radical components of Rawls’ philosophy. The short thesis is: “to treat Rawls simply as a defender of Democratic Party liberalism and the welfare state—as he is widely regarded—is to misread him.” The authors then go on to explain Rawls… Continue reading The radical Rawls
I am getting fed up personally paying the incomes of everyone else
So we could have a set of distributive institutions where I owned all of the social product. That’s conceivable. As it turns out, we do not have that set of distributive institutions. We have this other cocktail of things which is kind of pieced together haphazardly: some market wages, some transfers, some in-kind public benefits,… Continue reading I am getting fed up personally paying the incomes of everyone else