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No Way to Beat The Spread

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On April 14, 2020
As the full picture of the economic impacts of the Great Lockdown emerges, there are several sectors that are bracing for the full financial hit (think state budgets which will no doubt crater as all forms of revenue dry up) or are limping along such as higher education.  Many faculty are hoping that colleges can […]
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Higher education in the 21st century, especially at elite institution, is basically a hedge fund operation, building up enormous endowments while not spending any of it on anything that doesn’t generate more profit. People have long said they want higher education run like a business and now it is. So you have this kind of […]
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This is the grave of Horace Mann Bond. Born in 1904 in Nashville to a family of educators, Bond grew up in what passed for the black elite, which was small and still subject to the racial violence common to nearly all black families in the early twentieth century. Bond graduated from Lincoln University in […]
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What’s truly important in higher education is for student journalists to be barred from classrooms so that rich people can feel comfortable saying whatever they want without accountability. Or at least that’s how it is at Duke. For Duke University students interested in learning about hedge funds and the economic forces that drive them, Economics […]
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