Education

In a true free market economy, credentials would not matter, and certainly not to the extent that they matter today. Credentialism, unfortunately, is a product of government interventionism.

Accreditation in higher education began as a private effort to identify academic quality. Then the federal government took over the process and demanded that accreditation be based upon political standards.

Economists have said that a higher education degree is a form of “signaling” by the person holding the diploma. Thanks to government attempts to make higher education readily available, the value of a college degree has been severely degraded.

Homeschooled children are educated more effectively than public school students and at a fraction of the cost of public education. Naturally, the government wants to destroy it, with Illinois currently leading the anti-homeschooling mob.

Jonathan Newman joins Bob Murphy to explore what economics really is, why it matters, and how the revamped Mises Academy is helping teach it the right way.

The Department of Education has the role of selecting and authorizing private accrediting agencies which, in turn, are enabled to give or not give accreditation.

Higher education has become unaffordable and its curriculums hopelessly politicized. We should remember that all of this is a result of programs developed more than a half-century ago to make higher education more accessible.

Jason Jewell is chief academic officer and vice chancellor for strategic initiatives of the State University System of Florida. He began attending Mises Institute events as a graduate student in 2002.

President Trump‘s threat to withhold $9 billion from Harvard University is being framed in the legacy media and academia as a threat to Harvard‘s academic freedom. But there is a pertinent question no pundits are even asking.

President Trump‘s threat to withhold $9 billion from Harvard University is being framed in the legacy media and academia as a threat to Harvard‘s academic freedom. But there is a pertinent question no pundits are even asking: Why are taxpayers being forced to give Harvard $9 billion?