3 Theses on Higher Education

Aaron Bady has a piece about free higher education over at Al Jazeera. As regular readers know, I have endorsed free higher education in the past funded by a graduate tax. So, Bady and I are pretty close together. In the fallout from his piece, a Twitter conversation ensued, which has inspired me to sum up some… Continue reading 3 Theses on Higher Education

Pick the Externality!

I have three scenarios for you. Your job is to tell me which one involves imposing an externality (a cost on other people) and which one does not. A runs a factory on A’s land. A pollutes an unowned piece of neighboring land called X so badly that it is now impossible for anyone to… Continue reading Pick the Externality!