November 29, 2009
Cavalcade of Miscellany: Sunday Morning!

1. Wireless internet + incredibly sleepy/grumpy kid = attending church via teh interwebs.

2. Here's Ian Ayres on why tuition hikes at California's state colleges and universities are a good thing. Cheap state colleges and universities redistribute wealth upward. In the opening section The Bourgeois Virtues, Deirdre McCloskey notes that the average family income for a California college student is higher than the average family income for a California taxpayer. Ayres makes the important point that the problem is not that tuition is too high but that financial aid is too low and too poorly targeted.

3. When Bryan Caplan and Robin Hanson's discussions end up spilling into the blogosphere, you can be virtually certain that you're going to learn something interesting. Here's Bryan's most recent post on cryonics. I don't think Bryan has commented on this yet, but here's Robin Hanson expressing gratitiude for The Unknown Explorer. Here he argues that people should look to maximize more than their GPAs. Here's the takeaway: "Most of the interesting academics I know spent lots of time when young structuring their own 'unstructured' activities; GPA fanatics usually have few interesting thoughts of their own."

Posted by Art Carden at 12:39 PM in Economics

The statesman who should attempt to direct private people in what manner they ought to employ their capitals would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it. -Adam Smith

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