The Unbroken Window

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This paper examines why developed countries are monogamous while rich men throughout history have tended to practice polygyny (multiple wives). Wealth inequality naturally produces multiple wives for rich men in a standard model of the marriage market. This paper argues that the sources of inequality, not just the level of inequality, determine the equilibrium degree […]

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According to the College Board, the average freshmen at Yale - a “private” institution with a tax-exempt endowment in the $20 billion range - receives over $11,000 in government grants to help pay for his education.
The average freshmen at Mississippi State and the University of Mississippi - both public institutions - receive just over $4,000.
That […]

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Read about it here.

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A California appeals court ruling clamping down on homeschooling by parents without teaching credentials sent shock waves across the state this week, leaving an estimated 166,000 children as possible truants and their parents at risk of prosecution.
The homeschooling movement never saw the case coming.
…
The Second District Court of Appeal ruled that California law requires parents […]

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Slope down.

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In 2004, of the 4.5 million public school employees (K12) around the nation, less than 55% were teachers. That is from the 2007 Digest of Education Statistics.

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More fun facts from the Digest of Education Statistics. In 2005, for all higher education institutions, of the 3.38 million employees, less than 39% were instructional or research faculty members.

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The factory will cost $800 million to build, with the federal and provincial governments kicking in $125 million of that to help cover research, training and infrastructure costs.Several U.S. states were reportedly prepared to offer more than double that amount of subsidy. But Fedchun said much of that extra money would have been eaten away […]

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Well, across universities they are different, but it is not the case within a specific college. For example, physics majors pay the same price as philosophy majors, all else equal. But does it make sense to charge students the same exact thing for what is essentially two entirely different products? Is this equilibrium stable and […]

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