Wonderful letter by Don Boudreaux in the New York Times about yet another article claiming the government doesn't spend enough on higher ed. As if!
"9 October 2009
Editor, The New York Times
To the Editor:
Ever-loyal to leftist dogma, Paul Krugman believes that there is no domestic
problem (be it fact or fantasy) whose solution does not require more
government spending. And so it is with the alleged poor shape of American
higher education ("The Uneducated American," Oct. 9).
But how is it that wide swathes of our lives work so well without such
spending? Grocery retailing, for example, receives no handouts from
government and yet serves customers with extraordinary efficiency and
creativity. Ditto for restaurants, hardware stores, the press,
language-learning software suppliers, and myriad other industries not
suckling at the state's tit.
Why, then, can education - a service that yields enormous benefits to those
who purchase it AND one, like churches (another successful industry!), that
is largely tax-exempt - thrive only as a charity case?
Donald J. Boudreaux
Professor of Economics
George Mason University
Fairfax, VA 22030"
(Hat tip to Don Hauptman)