What’s New on AEI
Follow @AEIdeas on Twitter
Most Popular on AEIdeas
Back in 1995, now-Democratic presidential candidate Bernie Sanders said, “I personally happen not to be a great believer in the free enterprise system for many reasons.” It doesn’t appear to me that he has much changed his opinion of capitalism. Which is both amazing and appalling. The single greatest story of human achievement of the past 2,000 years is the dramatic rise in living standards of the past 200 years.
View related content: Technology and Innovation
Social Security’s finances can be fixed through faster economic growth, says Donald Trump. Bing bing, bong bong bong, bing bing. No need for higher taxes or benefit cuts to assure solvency. As it currently projects out, by the way, Social Security will no longer be able to pay full benefits in less than 20 years. But does Trump’s math work?
How much will ‘free college’ cost? New study suggests colleges respond to more financial aid by increasing tuition
Here’s how steep the rise in college costs has been over recent decades: If tuition and fees — net of aid — had risen only as fast as skyrocketing healthcare costs had from 1987 through 2010, they would have increased to $8,700 from $6,600. Now that’s plenty as it is. Instead, however, they hit $10,300. But what explains surging costs?