Richard Vedder advises Congress on the best policies for fixing the financial crisis.
College rankings are useful in trying to distinguish the great from the mediocre and the good values from the rip-offs.
If colleges are worried about the accountability called for by the Spellings Report, theyhave notseen the worst of it.
The most popular collegerankings measure inputs like SAT scores and selectivity, not results like graduation rates and distinguished fellowships.
Apersuasive case can be made that higher education and the student loan industry are inflating a massive bubble.Enacting reforms before it explodes should become a priority for lawmakers.
Harvard and Yale's new financial aid for middle and upper middle class studentsis a positive step but is no panacea for the higher-education cost explosion.
America over invests in higher education, and the cost of a college degree is rising at an unjustifiably rapid rate.
The excesses atthe Pennsylvania Higher Education Assistance Agencyare typical of the entire system of higher education.
Michigan is a case study in the flawed economic reasoning behind pouring money into higher education.
There is little evidence that spending more on higher education stimulates economic growth.
Claremont Review of Books, Spring 2007
April 10, 2007
How has the Wal-Mart Revolution changed everyday life?
Richard Vedderrefutes the claim that vast portions of the American populace are languishing economically and relays anoptimistic message to Congressabout free trade andthe American economy.
American students do not need government’s heavy hand.
The government should get out of higher education funding.
With the help of many associates and investors, Wal-Mart has arguably done more to help ordinary Americans, especially the poor and disadvantaged, than any other institution in our society.
A democratic presidential candidate on the campaign trail attacking corporations is nothing new.
A new Maryland law will force companieswithover 10,000 workers to spend at least 8 percent of their total annual payroll on health care. But only one company fits this criterion: Wal-mart.
Attempts to thwart Wal-Mart's efficiency-induced low prices and good service through labor, environmental, zoning or other type laws or regulations would lower the welfare of the American people.
The cost of higher education cannot rise faster than incomes indefinitely. Change is coming: it is just a question of when, and in what form.
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