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29 Apr 2012, 12:34 pm by Gary Becker
The over 4,000 American private and public colleges and universities compete fiercely for students, faculty, and grants, and constitute the most competitive system of higher education in the world that provides both high quality and low quality programs. [read post]
17 Jan 2011, 9:45 am by Gary Becker
    The fiscal crisis in many states of the United States has led these states to cut their funding of public colleges and universities. [read post]
15 May 2011, 8:11 pm by Gary Becker
  President Obama and members of Congress are calling for a sharp reduction in the substantial direct subsidies to American oil companies. [read post]
24 Apr 2011, 4:00 pm by Gary Becker
  The new rulings announced by the Department of Transportation to force airlines, among other things, to return the fees for checking baggage if the baggage is lost, to post full prices including taxes, and to raise the compensation for being bumped involuntarily from flights, are not very onerous to airlines. [read post]
14 Nov 2010, 1:52 pm by Gary Becker
    Other governments, and their central banks, have reacted vocally and negatively to the Federal Reserve’s plan for another round of quantitative easing-which means that the Fed purchases long-term bonds. [read post]
2 Jan 2011, 4:56 pm by Gary Becker
    Results on standardized tests are becoming a common way to evaluate student performance in different school systems, such as in different states of the United States. [read post]
9 Jul 2012, 6:36 am by Gary Becker
The latest jobs report on Friday confirmed that this is by far the slowest US recovery from a recession in employment as well as income since the end of World War II. [read post]
28 Jun 2011, 7:45 am by Gary Becker
  The International Energy Agency (IEA) recently coordinated the release onto the oil market of some of the strategic oil reserves of the United States, Japan, and ten other countries that hold reserves. [read post]
20 May 2012, 4:33 pm by Gary Becker
Countries run balance of payments deficits when their tradable goods are expensive on world markets because their producers are not sufficiently cost effective. [read post]
10 Aug 2009, 3:18 pm
Westchester County paid the firm $3 million to defend it against claims that it was dishonest about its efforts to desegregate white communities in its applications for federal housing funds. [read post]
1 Aug 2011, 11:45 am by Gary Becker
  As Posner indicates, the US is facing an immediate debt problem, a medium term deficit problem, and long-term debt and deficit problems. [read post]
7 Oct 2012, 7:59 pm by Gary Becker
Sustained long-term economic growth beginning in the near future would help greatly toward overcoming two major problems confronting the United States (and Europe and Japan). [read post]
26 May 2009, 10:00 am
Richard Posner, A Soda or Calorie Tax to Reduce Obesity: Articles in the New England Journal of Medicine on April 30, and in the New York Times on May 19, discuss a proposal now before Congress to impose a tax on sugar-sweetened sodas in order to reduce obesity. [read post]
26 Mar 2010, 9:00 pm by Adjunct LawProfs
We have covered the dysfunctional NLRB for quite some time. [read post]
4 Dec 2011, 3:30 pm by Gary Becker
  My discussion of this important subject will elaborate answers to the following questions: 1) Does imprisonment reduce crime? [read post]
18 Mar 2012, 3:01 pm by Gary Becker
The traditional case for tenure at the university level rests on two pillars. [read post]
30 Sep 2012, 7:17 pm by Gary Becker
The patent system (I concentrate on patents) is supposed to encourage innovation, the foundation of economic progress. [read post]
27 Feb 2011, 1:04 pm by Gary Becker
    The United States along with many other rich countries encourages widespread so-called preventive screening for various diseases, including breast, prostate, and other cancers, cardiovascular disease, diabetes, kidney functioning, and many other serious, and even not so serious, diseases. [read post]
6 Mar 2011, 3:12 pm by Gary Becker
  The revolutions and protests in Tunisia, Egypt, Libya, Bahrain, and other parts of the MENA region (Middle East and North Africa) are the most important world development in the past 20 years, even though it is still highly uncertain about the types of governments that will emerge, the effects on their economic and political freedoms, and their production of oil. [read post]
12 Dec 2010, 1:09 pm by Gary Becker
    Perhaps the “war on drugs”, initiated by President Nixon in the 1970s, was worth starting, in part for the reasons Posner gives. [read post]