Syracuse announced a financial deficit this week after missing their enrollment target. They cite demographics + geopolitics, but the answer is much simpler:
There are 5.7k higher ed institutions in the US, charging way too much for something that is worth less than ever
@jon_stewartmill Of what use is a conservative philosopher? This is not a statement in favor of liberal philosophers either.
Hasn’t the actual roadmap of civilization been experience
The founders understood that many people are incapable of self-government.
Giving such people a role in government is not good for them, and it is not good for America.
There is no evidence of this whatsoever. Musk appears to be highly effective at organizing engineering. All three lines of his business lose money and do not produce much if any consumer surplus. Think LIV golf
And another thing that’s related…
Wealth / income is stupid for another reason and it’s under-appreciated and under-discussed. The super rich are not about to consume (e.g., buy 14% of everything) more than a tiny fraction of their wealth. Consumption inequality is way lower than income or wealth inequality (another way of saying the rich save/invest more). What a rational re-distributionist wants to re-distribute is consumption because they care about the poor and middle class living better. That’s actually harder to do than you think. When you move some wealth from the super-rich to others, and the super-rich don’t change their consumption, because barring gigantic confiscation (don’t give comrade Zuc any ideas) they don’t have to, you don’t just magically get more goods for the whole world to consume. On the other hand, because their MPC is higher, it is far easier to redistribute from say the middle class to the poor (you cut their wealth and they will consume less), which is essentially one big reason why Europe is more regressive than the USA. This is not a nefarious plot it’s just “maths.” Unless you think all “maths” are a nefarious plot.
Oh, I stipulated a “rational re-distributionist” above. What is an irrational re-distributionist? Funny you should ask. It’s one actually not trying to make the poor (and maybe the middle-class) better off, but one just filled with hate who just wants to hurt the rich.
Guess which one the French Socialists and their Stiglitz back-up singer are?
@ssbarbour Look at countries that lean Cochrane’s way and look at countries that lean the other way over many years. Pretty clear history thinks he is correct. Not perfection but broad prosperity with some human flaws mixed in.
Every baseball fan knows why the height of the pitchers mound matters
I know the golf courses I play and how changes in the distance the ball goes will impact my play
Here’s the deal about rollback of equipment and how courses should be designed or setup…. If you haven’t played at the highest level- If you haven’t played on at least two (probably three) continents- and If you haven’t dabbled in course design and been part of a redesign or new course build … then you aren’t going to know jack shit about the solution. #thatsafactjack
@SCOTUSblog This seems to be nonsense. Is this a state law contract. State law is what determines if the contract can be rescinded. State law may look to federal law for a standard of conduct but that doesn’t create the cause of action
@judgeglock Because occupational licensing works in insuring a standard of care and is highly effective and efficient at doing such and no one has a better idea
@CaseyMattox_ You are so stupid. Congress can condition funding of the court on it televising its proceedings
Constitution has nothing to say btw! TV didn’t exist in 1790
@paulg It has nothing to do with due process dumb wit. The people on the boat weren’t entitled to a hearing. This is a substantive law question. When on open seas can US armed forces use deadly force
@EdWhelanEPPC@LawLiberty@joldmcginn How about the ad hoc ruling that Presidents have immunity from criminal prosecution. Not only is it contrary to the text and structure of the Constitution—Congress was given immunity—it was contrary to any Originalist look at history
@Jack_Brumby@ProfMJCleveland Jack idiot you said district court and COA judges are not Article III judges with life tenure. You are wrong. You but what about nonsense has nothing to do with how wrong you are Delete your account and stop voting
It is a statistical illusion. Look past the headline and analyze the actual mechanics:
• 94% ($218.4 Billion) went strictly to acquiring existing U.S. corporations.
• Less than 2% ($4.6 Billion) went to greenfield startups or creating new infrastructure.
• Outbound profits are systematically transferred out of local communities.
They are buying legacy American assets, intellectual property, and established cash flows.
It is an extraction mechanism masquerading as growth.
Stop celebrating the financial engineering tricks of the boardroom class.