Richard Vedder is Distinguished Professor of Economics Emeritus at Ohio University, a Senior Fellow at the Independent Institute, and a board member of the National Association of Scholars. His next book is Let Colleges Fail, due out early next year.
Editor’s Note: This essay is the second installment of a two-part series. You can read Part 1 here. Yesterday’s assessment of Jay Bhattacharya’s appointment as director of the National Institutes of Health (NIH) was written before I had seen two excellent weekend Wall Street Journal stories on the Trump appointee. In a news story by Liz […]
Read MoreEditor’s Note: This essay is the first installment of a two-part series. You can read Part 2 here. Probably the most important federal funder of traditional advanced research is the National Institutes of Health (NIH). President-Elect Trump has appointed a remarkable man to head that key branch of the federal government, Jay Bhattacharya, M.D., and Ph.D. […]
Read MoreFor decades, international testing data have shown that the United States, for all its leadership in technological innovation and economic success, has been, at best, so-so in teaching fundamental knowledge to young Americans. Moreover, the situation appears to have worsened, aggravated by the COVID-19 pandemic, but it has not recovered to anemic pre-pandemic levels since. […]
Read MoreDuring a brief stint working for Congress decades ago, I used the expression “cheaters, liars, and robbers” to help locate the three House office buildings: Cannon, Longworth, and Rayburn. Those three words unfortunately describe much academic misconduct that is potentially shaking the very foundation of trust and support in American higher education. Cheaters Cheating pervades […]
Read MoreThe release of data on incoming freshmen this fall was watched keenly in light of last year’s Students for Fair Admission v. Harvard decision that effectively outlawed race-based affirmative action policies in college admissions. As the data have been released, the picture is mixed. Some schools have seen the expected results: a larger proportion of […]
Read MoreAn extraordinary scholar and polymath, Amy Wax, has been formally sanctioned by the University of Pennsylvania (Penn), although not fired, as many of her detractors attempted to do. Professor Wax has earned degrees from Harvard, Yale, Oxford, and Columbia, including an M.D. in neurology, in addition to her law degree. She has argued 15 cases […]
Read MoreHow is this year’s election going to affect American higher education? I am an economist, and our tribe is somewhere between mediocre to awful at forecasting, but since I am tenured, retired, and unpaid by Minding the Campus, there are utterly no adverse consequences from making a fool of myself with this current assessment. American […]
Read MoreFor learning and discovery communities to flourish, there has to be a diversity of ideas that are explored and debated, with multiple perspectives discussed civilly by veteran scholars—the faculty—as well as inquisitive young learners—the students. While campuses in recent years have obsessed over what are intellectually relatively unimportant dimensions of diversity, such as the skin […]
Read MoreAlthough our national motto, E Pluribus Unum, appropriately reflects how diverse peoples have melded together to form a tribe that we call “Americans,” that does not negate the fact that there are numerous different ways we carry out the business of life across our vast land. That is especially true regarding the provision of higher […]
Read MoreIn recent years, intercollegiate college athletics has become an expensive activity for many American colleges and universities. Even at 68 Power Five Conference schools whose teams generate significant football and basketball income, very few typically even claim to make a profit, and that is using accounting procedures that, if followed by Fortune 500 companies, would […]
Read MoreRecent polling by College Pulse for the American Council of Trustees and Alumni (ACTA) reveals that college-aged Americans are abysmally ignorant of our rich historical heritage and knowledge of our most important civic institutions. An implication is that the colleges neglect to instruct students to remedy that scandalous deficiency. While that is no doubt correct, […]
Read MoreThe Supreme Court’s recent Chevron ruling, while rightly focusing on central issues like presidential immunity, also brought a potential boon for American higher education. This decision, which I believe holds promise for the future, has yet to be fully grasped by the higher education establishment. Specifically, in Loper Bright Enterprises v. Raimondo, the Court invalidated […]
Read MoreMy friend, John Fund, a distinguished journalist and political commentator, has brought to my attention a fine study done by the Washington Monthly, showing that virulent anti-Israel and pro-Palestinian protests have occurred disproportionately at elite colleges where most students come from relatively rich families. You heard a lot about pro-Palestinian demonstrations, building occupation, and tent […]
Read MoreMen are increasingly an endangered species on American college campuses. Between 2015 and 2022, the National Center of Educational Statistics says male enrollment fell by 10.4 percent, while the decline of female enrollment was far less than one-half of that (4.4 percent). By the latter year, 38 percent more women were on campus than men. […]
Read MoreEditor’s Note: This article was originally published by The James G. Martin Center for Academic Renewal on May 22, 2024 and is crossposted here with permission. Clearly, the most newsworthy story in American collegiate life recently has been the widespread eruption of pro-Palestinian protests over the war between Israel and Hamas. A central demand of pro-Palestinian demonstrators has […]
Read MoreBad pronouncements from fellow economists have historically caused lots of mischief, but there is something important on which most of them agree: people respond to positive incentives—money, material goods, power, even sexual attractions—and try to avoid negative incentives—losing large sums of money, freedom through imprisonment, etc. I have argued for decades that those incentive systems, […]
Read MoreFor years, I have been writing about the deficiencies of the federal student loan programs, but I thought diminishing returns were setting into my harangues—everything important had been said. But don’t underestimate the deleterious effects of disregarding the rule of law, the crassness of political ambitions, and the manifest stupidity of some of President Biden’s […]
Read MoreAuthor’s Note: The following is based on a more comprehensive paper titled “Slavery Revisited: Time on the Cross at 50,” published in the Spring 2024 edition of the Independent Review. Most serious works of scholars are respectfully evaluated by modest numbers of colleagues and occasionally play a small role in determining the prevailing interpretation of […]
Read MoreIf there is an annual event that most clearly demonstrates the importance of merit and skill on American college campuses, it is the March Madness surrounding the NCAA basketball championships. The public, whose support of higher education is sharply waning in light of increasing collegiate inanities, intensely roots for favorite schools and players. In higher […]
Read MoreThroughout most of the nearly seven decades in which I have had an intimate association with American higher education, I have pondered the question: “Who really ‘owns’ the universities?” Several groups claim at least partial control on many campuses, hence the oft-cited term “shared governance.” But to avoid chaos, some specific individual or group has […]
Read MoreWe are approaching the beginning of the two most important months in athletics in a sports-crazed nation. Between now, approaching February 11’s Super Bowl—where even speculation about the appearance of one of the player’s girlfriend is generating huge attention—in Las Vegas and April 8’s National Collegiate Athletics Association (NCAA) Basketball Championship game in Phoenix, Americans […]
Read MoreLike ancient Rome, American universities have not fallen or declined in a day—or even a year. But as good of a date as any to measure the beginning of the decline is 2011. Enrollments started falling that year and since then they have fallen by roughly 15 percent. The ratio of college students to the […]
Read MoreAs stated previously, if I were dictator for a day, I would empty the Maryland Avenue headquarters of the U.S. Department of Education (ED), have the Air Force bomb it out of existence, and after the Corps of Engineers removed the rubble, I would give the land to the Smithsonian Institution for an expansion of […]
Read MoreThe reputation of American universities, already precariously low, hit a nadir with the testimony of the presidents of three iconic American universities, Harvard, Massachusetts Institute of Technology (MIT), and University of Pennsylvania (Penn) before the Committee on Education and Labor of the U.S. House of Representatives. Borrowing from Victor Davis Hanson, to these schools, the […]
Read MoreIt seems to me that Texas always likes to try to outdo everyone else—think of outsized political personalities like Lyndon B. Johnson. Maybe the state has something of an inferiority complex that it thought it could remedy by adroitly using its massive oil revenues. Two large direct beneficiaries of those revenues are the University of […]
Read MoreFor two centuries after the founding of Harvard College in 1636, there was grotesque gender discrimination in American colleges and universities: there were no female students. Even in 1950, there were far more than two men on American campuses for every woman. But by the late twentieth century female enrollment had surged, coinciding with the […]
Read MoreArguably, American universities in many ways resemble somewhat unruly and disrespectful adolescents—they want to be comfortably sustained by their adult parents/financiers, but their increasingly deplorable behavior needs firmer adult supervision. Hence “outsiders” are becoming assertive, be it major donors to elite private schools or politicians at schools importantly dependent on government subsidies, especially our state […]
Read MoreIn July, five college presidents resigned in a week—one for each workday. Some ran small to mid-sized eastern colleges and universities: Seton Hall University, Thomas Jefferson University, and the Berklee College of Music. Others led large research powerhouses: Stanford and Texas A&M universities. Only one, Marc Tessier-Lavigne of Stanford, had been in office for more […]
Read MoreWhen the Supreme Court struck down the Biden administration’s plan for massive student loan forgiveness ($10,000 to $20,000 for 98% of borrowers), I said to friends, “Biden will sneak in most of what he wanted in other ways.” Specifically, I thought he would continue the extremely generous income-repayment scheme that he and Education Secretary Miguel […]
Read MorePicking up on the ideas of Karl Marx and German historian-economist Werner Sombart, Joseph Schumpeter, in his 1942 classic Capitalism, Socialism and Democracy, suggested that in a vibrant, private, competitive market economy, firms are constantly being created and destroyed. Businesses who miscalculate—those who fail to adequately meet the needs of their customers or utilize new, […]
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