Let colleges fail: How creative destruction can save higher education

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September 17, 2024

Let colleges fail: How creative destruction can save higher education

The National Center for Education Statistics reports that 99 postsecondary schools shut down this past academic year, roughly two per week. What the great economist Joseph Schumpeter called “creative destruction” is finally coming to higher education. Creative destruction was critical to the United States becoming the largest economy on Earth. Companies failing to adjust to […]

Crackdown on boy’s ice cream stand shows need for reform

Neighbors saw a chance to help when 12-year-old Danny Doherty opened a charity ice cream stand outside his home in Norwood, Massachusetts. Local health officials saw a threat. As soon as they learned about the unauthorized scoops of vanilla, shaved chocolate, and New England fluffernutter, they rushed to shut down the operation. Danny received a […]

The White House that tried to censor the COVID-19 lab leak theory thinks Trump went too easy on China

If you blinked, you likely missed it. Vice President Kamala Harris accused Republican presidential nominee Donald Trump during last week’s presidential debate of being too deferential to Chinese leadership during the COVID-19 pandemic. More specifically, she argued the former president should’ve demanded better transparency from Chinese Communist Party officials. Harris and the debate moderators then […]

First the pundits reacted to the debate. Then the people weighed in

Following Tuesday night’s presidential debate, pollster Frank Luntz told talk show host Piers Morgan he thinks former President Donald Trump’s performance will cost him the election. Harsh as Luntz’s assessment of the event was, he wasn’t alone. Wall Street Journal columnist Karl Rove called the debate “catastrophic” for Trump. In fact, it “was a train […]

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