The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. - F.A. Hayek
Posted in Education, Employment on Feb 29th, 2008
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.
Posted in Education on Feb 21st, 2008
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 […]
Posted in Education, Price System on Feb 15th, 2008
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 […]
Posted in Education, Price System on Nov 8th, 2007
Two candidates this week!
Roland Fryer, a Harvard economist, joined the Education Department this year as chief equality officer.
“Price of Helium Keeps Rising” … “more than a third of the world’s supply comes from a single U.S. government stockpile near Amarillo, Texas”
Posted in Education on Sep 27th, 2007
President Bush signed legislation increasing the maximum Pell grant amount by about 25% over the next 4 years. In real terms, that is still probably a decrease. The larger point of course is whether or not this will actually do anything to make college more affordable?
Let’s think of what could possibly happen? If consumers are […]
Posted in Education on Sep 26th, 2007
Diversity, per se, is not a bad thing. Indeed, it’s a very good thing. Everyone benefits from the experience of going to school with others unlike themselves. But the idea that one’s experience and values are deeply shaped by gender and race - facts about oneself that can never be changed - encourages the view […]
Posted in Education, You Can't Have it Both Ways on Sep 13th, 2007
Inside Higher Education reports today on a new study by the College Board which talks about all of the non-pecuniary benefits of attending college. This should be celebrated, right? Well, not if you care to protect your pocketbook. It doesn’t require a reading between the lines to understand that when the report says that there […]
Posted in Education, You Can't Have it Both Ways on Sep 12th, 2007
In an effort to keep some of its top talent and attract others, the University of California at Berkeley announced this week that the largest private gift in its history - a $113 million grant from the William and Flora Hewlett Foundation - will go toward creating 100 endowed chairs. Through a matching program, the […]
Posted in Education on Aug 22nd, 2007
The 2007 fiscal year was one of the best ever for Harvard University’s endowment, which grew in overall value to $34.9-billion from $29.2-billion the previous year, Harvard officials announced on Tuesday.
Harvard Management Company, which invests and manages the institution’s endowment — the largest educational fund in the world — posted a 23-percent return on its […]
Posted in Education on Aug 20th, 2007
A teacher’s union in Peru was protesting a law requiring that teachers be tested and held accountable for competency.
Read more here.
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)