March 31, 2015 at 2:07 pm
Newbury College, a private, non-profit school in Brookline, Mass., today announced a three-year, $45,000 bachelor's degree. Colleges are competing on price already with financial aid offers, but the innovations here are the pricing transparency, the predictability, and, so far as I can see, at least, that the price is available no matter how much your family income or assets are. In a sense, the more interesting question is why there hasn't been more such competition already.
March 31, 2015 at 1:24 pm
Renewal reminder emails went out on Sunday to those FutureOfCapitalism subscribers who are up for renewal this quarter. Thank you to those who have already re-upped; to those who have not, please do so. As for the rest of you, this site is a for-profit enterprise — an example of capitalism in action. Your editor is not ensconced in some think tank or university. So if you value the content you get from FutureOfCapitalism, the best way to encourage it and make sure it continues is to become a paying subscriber. We've avoiding constantly asking for support, but today is the last day of the quarter, so here it is — the link is here. Thank you!
March 31, 2015 at 12:15 pm
Capital New York used public records law to get a copy of Buzzfeed's application for $4 million in New York State tax credits. The Buzzfeed website had threatened to move 200 employees to New Jersey if it didn't get the tax breaks. Buzzfeed wrote in its application:
March 31, 2015 at 11:32 am
The U.S. government rented "85 single rooms, five office suites, five sleeping suites, and one conference room for 14 nights" at the Sofitel Angkor Phokeethra Golf and Spa Resort for Michelle Obama's two-day visit to Cambodia, the Washington Free Beacon reports. The estimated cost to U.S. taxpayers for this adventure was $242,500, which seems like a lot of money to me, but I'm not used to traveling on a government budget.
March 31, 2015 at 11:27 am
"The demographic groups most underrepresented on law faculties include white Christians and Republicans, according to research by Northwestern University School of Law professor James Lindgren," reports the National Law Journal.
March 31, 2015 at 11:22 am
The Wall Street Journal has a strong editorial about the David Ganek case we've been covering here ("Good for Ganek," "Preet's Fire-Ax") : Says the Journal, "The case may become a referendum on Mr. Bharara's methods and ethics in his campaign against alleged insider trading."
March 31, 2015 at 10:27 am
Senator Charles Schumer is the topic of my column this week. Mr. Schumer has the inside track to become the Democratic leader in the Senate following Harry Reid's announcement that he will retire. Please check the column out at Reason (here) or at Newsmax (here).
March 31, 2015 at 10:03 am
In a post here the other day ("Regulation Lags Technology") we noted the hassles Amazon was facing in getting U.S. government approval to test drones for package delivery. Now it emerges, in an article in the Guardian (link via Politico Playbook), the company has set up a test site in Canada, "barely 2000 feet from the U.S. border." From the Guardian:
March 30, 2015 at 4:09 pm
The Washington Post has a profile of Preet Bharara:
March 30, 2015 at 11:09 am
John Allison is out as CEO of the libertarian Cato Institute and Peter Goettler, a former managing director of Barclays Bank, is in, the institute announces in a press release.
March 30, 2015 at 10:52 am
March 27, 2015 at 1:21 pm
The New Yorker magazine, which has been a target for criticism recently here, has had a tough week. First the magazine apologized for characterizing Senator Ted Cruz as "uppity." Then the Anti-Defamation League issued a press release critical of the magazine for publishing a "tasteless" humor article by Lena Dunham likening her Jewish boyfriend to her dog. I see it all as emblematic of a certain closed-mindedness and emptiness at the heights (or depths) of "progressive" literary intellectual culture.
March 27, 2015 at 1:09 pm
The new secretary of education of the Commonwealth of Massachusetts, James Peyser, has an interview with WGBH in which he talks about how the City of Boston's statutory cap on the number of charter schools is hurting children:
I'm receptive to the idea of this as a moral issue,. It would be helpful to hear Mr. Peyser — or better yet, Governor Baker — elaborate a bit and articulate the moral framework that makes it wrong.
March 25, 2015 at 1:33 pm
The Economist reports on a 26-year-old MIT graduate student who has found some problem's with Thomas Piketty's book on income inequality:
March 25, 2015 at 10:07 am
Walmart has removed the windmills from the parking lot of its Worcester, Mass. store (which may actually be in Millbury, Mass.), the Worcester Telegram and Gazette reports. Walmart's environmental efforts were the subject of a book review here a few years ago.
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