Just-wage theory tells us that an employer cannot reduce his workers' wages below some presumed "cost of living." Yet, that same employer can be permitted to reduce the worker's wage to zero if the worker has been replaced by a machine.
Ineffective teaching, the enrollment cliff, stifled academic discourse, and government driving up tuition.
Tho discusses the importance of the work of Mises University, some highlights of the week, and ends with a look at Ryan McMaken's article on the Hollywood strikes.
Student debt is a huge social problem, but the reason is that higher education costs themselves have become a major problem and are a financial burden whose costs outweigh its benefits.
Michael talks with Gad Saad about evolutionary psychology and the market, the mind parasites, and his new book.
Dr. Calton discusses his work on the Mises Wire about higher education, the government capture of student loans, and what can be done to salvage higher education in America.
Even though Barbados and Jamaica had more similarities than differences when they became independent of Great Britain, Barbados developed its economy much more quickly.
John Klyczek joins Michael on the first episode of REKT. They discuss the roots of public (and state-sanctioned private) education, the globalist organizations behind the stakeholder capitalism regime, and the making of "global citizens."
University of Rochester economist Steve Landsburg joins Bob to discuss the abysmal performance of ChatGPT on his undergraduate exam.
Even though Barbados and Jamaica had more similarities than differences when they became independent of Great Britain, Barbados developed its economy much more quickly.
