Last week, Bernie Sanders announced Hillary Clinton’s new proposal for nationalizing state university systems and reducing what little financial accountability there is in U.S. higher education. Her new plan “will guarantee that the children of any family in this country with an annual income of $125,000 a year or less — 83 percent of our […]
Months ago, in the midst of her Democratic primary fight with Bernie Sanders, Hillary Clinton made it a point to argue that her “debt-free” college plan was more responsible than Bernie Sanders’ promise of tuition-free four-year college. As Clinton herself argued—repeatedly—she doesn’t want to give Donald Trump’s kids free college, and asking middle and upper […]
Democratic presidential nominee Hillary Clinton has released a new “Initiative on Technology and Innovation” that consists mostly of throwing money at various programs that she imagines would be good for the economy. Notably, however, Clinton would add yet another way for the federal government to lose taxpayer money on student loans: loan deferment and forgiveness […]
“I am not a great fan of Uber—you can quote me on that,” declared Democratic hopeful Bernie Sanders in August. The main reason he has “serious problems” with the ride-sharing service? It’s “unregulated,” he told Bloomberg. In this, if little else, Sanders finds himself in agreement with rival Hillary Clinton, who decried the “gig economy” […]
There is a somewhat sad delusion floating around various of the corners of the economic pontification world. Which is that services jobs pay somewhat less than manufacturing jobs. This is not in fact true. If it were true then Baumol’s Cost Disease would not be true. Yet we do know that Baumol is correct on […]