Please see the announcement below regarding Baylor University’s new PhD program in entrepreneurship. I joined the Baylor faculty this summer and will be heavily involved with this PhD program. Entrepreneurship is a standalone department at Baylor, not part of the economics or management departments, and students and faculty have a great deal of autonomy in choosing research topics.
The federal government began lending to students in 1993, pursuant to a reauthorized Higher Education Act, signed by Bush Sr. From 1993 to 2006, the federal government’s student loan portfolio swelled, from $353 million to $109 billion, which amounted to 23% of total student loan debt.
“ISIS is certainly not a state” said Obama in a recent statement. This is the official line Western governments use to describe ISIS. The label terrorist is often used to describe dangerous and aggressive organizations. However, these characteristics are not used to describe organizations that don’t threaten the strategic interests of states that dominate the international community.
The horrific attacks in Paris on Friday have, predictably, led to much over-reaction and demands that we do more of the exact things that radicalize people and make them want to attack us. The French military wasted no time bombing Syria in retaliation for the attacks, though it is not known where exactly the attackers were from. Thousands of ISIS fighters in Syria are not Syrian, but came to Syria to overthrow the Assad government from a number of foreign countries -- including from France and the US.
ABSTRACT: Austrian economists since the time of Böhm-Bawerk have argued that lowered interest rates lead, in general, to longer production processes. Recently Hülsmann (2011) and Fillieule (2007) have challenged this argument and demonstrated with mathematical precision that lowered interest rates shorten production processes.
On the heels of recent events in Paris, French President Francois Hollande proves the old adage that when all you’ve got is a hammer, the whole world looks like a nail:
Cultural Marxism enjoyed a victory last week when University of Missouri President Tim Wolfe resigned after members of the Missouri Tigers football team joined a student movement calling for his resignation. While I fully support the rights of these players to leverage their athletic ability to advocate a cause — as I would support their university if it decided to pull their scholarship — what is concerning is the actual list of demands shared by the cause they joined.
After the 9/11 Attacks, American politicians invented the “they hate us because we’re free” explanation of why the US was a target for international terrorism. The slogan has been especially effective among very ignorant sectors of the population who seemed to be under the impression that the United States had been engaged in non-interventionist foreign policy prior to the 9/11 attacks. “Why, we were just minding our own business,” came the shocked and exasperated claims of the know-nothings.
As the horrific events unfolded last Friday in Paris before a world stage, we, the audience, sat in stunned silence as waves of helplessness washed over us. If only we could protect those in harms way and end the madness. This sense of helpless resignation caused me to reflect on a line from Peter Gabriel’s song “Games with Frontiers” – ‘In games without frontiers, war without tears.’ Indeed this would seem contradictory, as this was a time for tears; however, for those in control of the game, there are no tears.
