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Daily Archive for June 19th, 2011

And then they came for the lemonade stands: First, the basics: On Thursday, the first day of the Open, a cameraman from WUSA (Channel 9) captured a county inspector attempting to shut down a roadside stand manned by a half-dozen adorable children. They didn’t have a vendor’s permit, the inspector informed the moms. The result? […]

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Profitable Non-Profits

Vance Fried has a new study out at Cato. Here is the executive summary: Undergraduate education is a highly profitable business for nonprofit colleges and universities. They do not show profits on their books, but instead take their profits in the form of spending on some combination of research, graduate education, low-demand majors, low faculty teaching loads, excess […]

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