Why California's Tuition Hike Might Be a Good Thing
Students at University of California schools have been protesting the decision of the Board of Regents “to raise undergraduate fees – the equivalent of tuition – 32 percent next fall.” But higher tuition, if it is accompanied with higher financial aid for lower- and middle-income students, improves equity. As Aaron Edlin and I wrote back in 2003: Read More »
What's Your Best Externality?
The last two years I’ve run an “externality” contest in my giant intro class, offering $5 to the student who comes up with the best example. Read More »
Fixing Poverty
Daron Acemoglu describes what makes a nation rich in a new article for Esquire. According to Acemoglu, experts who believe geography or the weather or technology are to blame for persistent poverty are missing a much simpler economic explanation: people respond to incentives. Read More »
ClimateGate: The Very Ugly Side of Climate Science
When we think about “scientists,” most of us probably envision people toiling away in the lab or the field, accumulating and analyzing data in order to test theories, leaving their personal biases at home, scrupulously considering any confounding data or theories and willfully distancing themselves from the political implications of their research.
How quaint. Read More »
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