Post Tagged with: "Law of Unintended Consequences"

October 28, 2010 04:43

Mad Fed Should Beware Unquantifiable Outcomes

The guardians of the world economy still seem to think the answer to too much debt is yet more debt. Imagine the response, though, if you had asked any of the current crop of central bankers five years ago about the inflationary consequences of pumping trillions of dollars into the financial system.

April 8, 2010 04:30

Are feds controlling higher education?

We have reached the point where for many institutions of higher education, the amount of revenue that they derive from either of their two traditional sources — tuition and either state funds (public institutions) or endowments (private institutions) — is eclipsed by the funds secured from the feds through government grants and research contracts.