Thursday, February 21, 2008

Dysfunctionality of Student Aid Once More

By Richard Vedder

When I was on the Spellings Commission, I offered what was no doubt viewed as a naive perspective: we have 17 programs to help students --why not collapse them to one, the Pell Grant program? We would then give them to more students in larger grants than previously, and at the same time exit various targeted aid programs and the student loan business. I argued it would be vastly simpler, easier to understand, save some money, and help the kids we wanted to assist the most. My suggestion was met with complete silence. I was told that the revision of student aid programs, while needed, was a task too complex for the Spellings Commission to take on.

Along comes yet another study that confirms my hunches. Susan Dynarski and Judith Scott-Clayton have written an excellent paper, "Complexity and Targeting in Federal Student Aid: A Quantitative Analysis," for the National Bureau of Economic Research, America's premier independent economic research organization. The authors conclude that all the elaborate targeting of beneficiaries in many of the programs is done in a costly and inefficient manner. Compliance costs to meet all the regulations and administrative burdens of the multiplicity of programs adds, very conservatively, $4 billion in burden to users of the aid, colleges, etc. In short, the system does not work well and it is costly. A simpler system can be devised that is less costly but still works to serve national educational policy objectives as determined by the political process.

What keeps Congress from simplifying the process? While there are several possible answers, I think the major one is special interest lobbying. Various groups like certain provisions of current law, and will fight efforts to eliminate program A or B or C, even if part of a comprehensive reform.

Ideally, the federal government should move to a modified Pell Grant system where vouchers are given out on the basis of need and educational potential, with the amount of the grant increasing with need and the probability of educational success. Money should never be given to schools or their financial aid offices, but rather directly by the federal government to students who then would pick the school of their choice, and the school that a student enrolls in could then redeem the voucher for cash. This would:

1) Make colleges more student-centered, as they vie for money that they, the students, control

2) Reduce the power of financial aids offices to negate the intended effects of federal student aid policy by varying the amount of institutional support with changing federal aid

3) Greatly simplify our student aid system, saving the billions annually mentioned in the aforementioned study;

4) Tie aid more clearly not only to need --the number one consideration -- but also to the probability of success, probably increasingly modestly the graduation rate of entering students

5) Lower the ability of schools to raise tuition and fees knowing that student loans would simply increase to make up the differential --modified Pell grants would only rise with the general rate of inflation, no more.

The fiddling with interest rates and fees on federally subsidized loans does nothing to deal with the confusion and high cost of our complex federal system of assistance. The Feds should get out of the loan business period, and stop assisting relatively prosperous middle income kids wanting to go to school. They should stop enabling schools to charge whatever the traffic will bear. They should get smart, and put the interests of the public above the narrow interests of those persons wanting to maintain some semblance of today's dysfunctional status quo.


sciencedoc said...

"modified Pell grants would only rise with the general rate of inflation, no more."

This is simply idiotic. This guy calls himself an economist! It is obvious that the rational criterion is the general increase in production or wealth, not the general inflation rate.

Cowboy said...

"5) Lower the ability of schools to raise tuition and fees knowing that student loans would simply increase to make up the differential --modified Pell grants would only rise with the general rate of inflation, no more."

I could be wrong, but the way I read this is that by increasing Pell grants only enough to keep up with inflation would help preclude colleges and universities from raising tuition and fees knowing that student loan funding would simply be increased to make up the differential.

Schools seem to know that if they raise tuition for the sake of raising tuition (or any other non-quantifiable reason), the money supply - in the form of student loans will increase proportionally.

If I run a business and know that I can continually raise my prices and continue to maintain, or even increase my margins, I'm certainly going to do it.

It is somewhat the same in geopolitics. If I am the president of Moronia and the US taxpayers vis-a-vis the federal government continue to give me billions in aid, where is my incentive to build infrastructure and a growing economy? I really don't believe that this stuff is that difficult to grasp.

Your drive-by personal attacks on one of todays most preeminent Economist and scholar are filled with envy, thoughtlessness, and some sort of general stupidity disorder. But I do appreciate your comments because they make me feel like a genius. For that, I thank you.

sciencedoc said...

cowboy, thanks, you made my day!

Chris said...

**Your drive-by personal attacks on one of todays most preeminent Economist and scholar are filled with envy**

I don't know how to even respond to that, but nonetheless, I'll give it a try. Vedder is a third rate economist who spent his career at a third tier institution. He now does the bidding of a few moneyed sponsors who would like to take public education in this country back to where it was before the Civil War.

If the man is so preeminent, why was he never lured away from that glorious bastion of academia known as Ohio U. by the econ departments at Harvard, Princeton, MIT or Chicago...or even a Big Ten or University of California campus? No wonder he so loathes their endowments, for they never thought to recognize his "preeminence" and spend their money rescuing him from the academic wilderness of Athens, Ohio.

Absafrackinglutely LMMFAO!

Oh well, at least he has his peanut gallery of sycophants on this website who are ill equipped to offer any more critical reasoning or response other than a warm and heartfelt, "great post, Rich."

BTW, "todays" should have been possesive.

Cowboy said...

Meauring Rich Vedder by what school he teaches at is a mistake.

You seem to be absolutely obsessed with showing contempt and hatred for Ohio University and Athens. I beieve you have a latent personal problem and suffer from some degree of PTSD. What happened? Did you get kicked out of OU?

Your hatred for Ohio University and Rich Vedder is the tone you always take rather than providing a substantive comment with some of your own ideas that are better.

If Rich Vedder is really a third rate professor, surely you can provide a commentary that shows just how much smarter you are than Vedder. But it is intuitevely obvious that you are not capable of doing so - just like science doc.

"Oh well, at least he has his peanut gallery of sycophants on this website who are ill equipped to offer any more critical reasoning..." You described yourself perfectly. I think some people say that is "the pot calling the black."

You are great at spewing vitriol, but it does not take a brain to post such poor comments that show you do not have what it takes to participate in the arena of ideas, thought, and civil exchange of ideas.

I believe Ohio University is a beautiful campus and a great University. I am an OU alumnus that retired at age 42. The third tier university took a "blue collar" kid and provided the necessary education to accomplish what I have.

Am I a sycophant because I understand Rich Vedder more than both you and sciencedoc and simply agree with him? I can only conclude that in your mind everyone who agrees with Rich is a sycophant. And to a greater degree, anyone who does not side with you is a sycophant. Although you like to use the word sycophant, it is misplaced and just plain shrill.

Your comment infers that if Rich Vedder taught at Harvard, you - by your own definition would love Rich Vedder.

Why don't you tell us what great school you went to? And why doesn't science doc do the same and tell us what school she "teaches" at?

With my experience, I can spot a coward merely by the words they choose. And your opportunistic pot shots are cowardly and nonsense.

While you and sciencedoc piss and moan about how terrible OU and Rich Vedder is, Rich Vedder is trying to make college more affordable and productive. He is thinking of people who do not have access to college. And he wants to see colleges more productive. He wants colleges to be transparent so prospective students and their parents can make a well informed decision. And you and sciencedoc are against that. You believe in the status quo. That's fine. So why even read this blog at all?

I don't read William Arkin's "Early Warning" blog because I simply disagree with every thing he says. So I don't even bother going to his blog in the Washington Post online. That's why I am convinced that both of you have a personal problem with Rich Vedder and OU - so you have an axe to grind. That's the only reason you comment on this blog.

Why don't you put up your credentials and see if they stand up to Richard Vedder's. If you don't, well then, you are indeed a coward. Here's some of Rich Vedder's accomplishments:

B.A. (with honors) in Economics, Northwestern University, l962.
M.A. i n Economics, University of Illinois, l963..
Ph.D. in Economics, University of Illinois, l965.

Professional Experience
Research Associate, Commission on Revenue, State of Illinois,l962.
Graduate Assistant in Economics, University of Illinois, l963-64.
Assistant Professor of Economics, Ohio University, l965-69.
Associate Professor of Economics, Ohio University, l969-74.
Professor of Economics, Ohio University, l974-l985.
Distinguished Professor of Economics, Ohio University, l985-Present.
Visiting Lecturer in Economics, MARA Institute of Technology (Malyasia), l978.
Visiting Professor of Economics, Economics Institute, University of Colorado, l979, l980.
Visiting Professor of Economics, Clar emont Men's College, l979-80.
Economist, Joint Economic Committee, Congress of the U.S.,l981-82.
Faculty Associate, Contemporary History Institute, Ohio University, 1988-Present.

Fields of Research Specialization
American Economic History Public Finance
European Economic History Labor Market Analysis

Additional Teaching Areas
Economic Theory (elementary and intermediate)
Economic Methodology
Economic Development

Disseminated Research (* denotes co-author)

Books and Mono graphs

"Going Broke by Degree: Why College Costs Too Much"

"The Wal-Mart Revolution: How Big Box Stores Benefit Consumers, Workers, and the Economy"

"Out of Work: Unemployment and Government in Twentieth-Century America (Independent Institute Book)"

l. Essays in Nineteenth Century Economic History, co-editor (Athens, Ohio: Ohio University Press, l975).

2. The American Economy in Historical Perspective (Belmont, CA.: Wadsworth Publishing Co., l976).

3. Variations in Business and Economic History, co-editor (Greenwich, Conn.: JAI Press, l982).

4. Poverty, Income Distribution, the Family and Public Policy study, Joint Economic Committee of Congress (Washington: Government Printing Office, l986)*.

5. Essays in the Economy of the Old Northwest, co-editor (Athens, Ohio: Ohio University Press, l987).

6. Out of Work: Unemployment and American Public Policy Since 1900 (New York: Holmes & Meier, forthcoming)*.

Published Papers
1. "Fees, Charges and Other Non-Tax Sources of Revenue," Chapter XXV in the Report of the Commission on Revenue (Springfield: State of Illinois, l963).

2. "The Impact of the Federal Deposit Insurance Corporation on Banking Stability," Proceedings of the Fifteenth Annual Meetings of the Business Hi story Conference (Bloomington: Bureau of Business Research, Indiana University, l968).

3. "Migration of Native Born Ohioans: 1850-1960," Bulletin of Business Research, June l970*.

4. "Settlement Patterns of Canadian Emigrants to the United States, l850-l960," Canadian Journal of Economics, August l970*.

5. "The Settlement Preferences of Scandi navian Emigrants to the United States, l850-l960," Scandinavian Economic History Review, No.2, l970*.

6. "The Determinants of Emigration to South Africa, l950-l967," South African Journal of Economics, December l970*.

7. "The Impact of Geographic Mobility on Regional Wage Differentials, A Test of the Steady-State Equilibrium Hypothesis," Proceedings of the Business and Statistics Se ction, American Statistical Association, December l970*.

8. "The Increasing Urbanization Thesis: Did New Immigrants to the United States Have a Particular Fondness for Urban Life?", Explorations in Economic History, Spring l971*.

9. "Internal Migration Patterns in the Midwest, l850-1960," Regional Science Perspectives, Spring l971*.

10. "The Deter minants of Internal Migration in West Germany, l967," Weltwirtschftliches Archiv, No.2, l971*.

11. "Location Decisions of Puerto Rican Immigrants to the United States," Social and Economic Studies, June l971*.

12. "Mobility of Native Americans", Journal of Economic History, September l971*.

13. "The Mobility of Appalachian Americans," Review of Regional Studies, Fall l971*.

14. "Emigration from the United Kingdom to the United States, l860-l913," Journal of Economic History, December l971*.

15. "The Geographic Distribution of British and Irish Emigrants to the United States After l800," Scottish Journal of Political Economy, February l972*.

16. "Location Decisions of Recent Immigrants to Sweden," Economy and History, Volume XV, l972*.

17. "L'emigrazione brittanica e irlandese in American," Mercurio: Sintesi del pensirero economico e sociale contemporaneo, December l972*.

18. "Determinants of Interstate Migration by Race, l965-l970," Annals of Regional Science, June l973*.

19. "Migration, Economic Opportunity and the Quality of Life," Journal of Regional Science, August l973*.

20. "International Labor Migration in Sweden, l967," Swedish Journal of Economics, Fall l973*.

21. "Some Determinants of Interstate Migration of Blacks, l965-l970," Western Economic Journal, December l973*.

22. "A Note on Attitude as a Factor in Learning Economics," Journal of Economic Education, March l974*.

23. "The Distribution of Immigrant Population in the United States: An Economic Analysis," Explorations in Economic History, March l974*.

24. "The Ames-Rosenberg Hypothesis Revisited," Explorations in Economic History, March l974*.

25. "Nineteenth Century English and Welsh Geographic Labor Mobility: Some Further Ev idence," Annals of Regional Science, June l974*.

26. "The Profitability of Ante Bellum Agriculture in the Cotton Belt: Some New Evidence," Atlantic Economic Journal, November l974*.

27. "The Profitability of Slavery Revisted: A Different Approach," Agricultural History, April l975*.

28. "Migration in the Old Northwest," chapter in Essays in Nineteenth Century Economic History (Athens, OH.: Ohio University Press, l975)*.

29. "The Slave Exploitation (Expropriation) Rate," Explorations in Economic History, Fall l975.

30. "An Empirical Analysis of Income Expectations and Interstate Migration," Review of Regional Studies, Fall l975*.

31. "Migration and the Quality of Life: Reply and Extension," Journal of Regional Science, Vol.16, No.l, l976*.

32. "Geographical Migration Within Sweden, l951-l966," Economy and History, Volume IXX, l976*.

33. "Some Evidence on the Scale of the Antebellum Farm Implement Industry," Proceedings of the Twenty-Third Annual Meeting of the Business History Conference (Urbana, IL.: Bureau of Business Research, University of Illi nois, l976).

34. "The Interstate Migration of Blacks: Reply to Ziegler," Economic Inquiry, September l976*.

35. "Settlement Patterns of American Immigrants,1950-1968," Proceedings of the Fifth International Congress of Economic History (Paris: Mouton, l977)*.

36. "Exploitation of Labor in Early American Cotton Textile Manufacturing," in Paul Uselding, ed., Research in Economic History (Greenwich, Conn.: JAI Press, l978)*.

37. "The Profitability of Antebellum Manufacturing: Some New Estimates," Business History Review, Spring l980*.

38. "Population Transfers and the Post Bellum Adjustment to Economic Dislocation: 1870-1920," Journal of Economic History, March l980*.

39. "Reply to Bateman and Weiss," Business History Review, Spring l981*.

40. "State and Local Economic Development Strategy: A Supply Side Perspective," Staff Study for the Joint Economic Committee of the U.S. Congress (Washington,D.C.: Government Printing Office, l981)

41. "Robotics and the Economy," Staff Study for the Joint Economic Committee of the U.S. Congress (Washington, D.C.: Government Printing Of fice, l982).

42. "Rich States, Poor States: How High Taxes Inhibit Growth," Journal of Contemporary Studies, Fall l982.

43. "A New Look at the Gold Standard: Is Professor Kemmerer Right?", chapter in Variations in Business and Economic History (Greenwich, Conn.: JAI Press, l982).

44. "Productivity and Wages in the American Economy: A Tale of Two C enturies," Business and Economic History, Vol. XI, Second Series, l982*.

45. "The Hidden Agenda: A Reply to Professor Weiss," Business and Economic History, Vol. XI, Second Series, l982*.

46. "The Federal Underground Economy: Off Budget Activities of the Federal Government," Staff Study for the Joint Economic Committee of the U.S. Congress (Washington, D.C.: Government Printing Offi ce, l982).

47. "The Natural Rate of Unemployment," Staff Study for the Joint Economic Committee of the U.S. Congress (Washington, D.C.: Government Printing Office, l982)*.

48. "Slavery, Amenities and Factor Price Equalization: A Note of Migration and Freedom," Explorations in Economic History, Spring l983*.

49. "Fairness and the Flat Rate Tax," Jo urnal of Contemporary Studies, Winter l983*; reprinted in Thomas R. Swartz and Frank J. Bonello, Taking Sides: Clashing Views on Controversial Economic Issues, Second Edition (Guilford, Conn.: Dushkin Publishing Group, l984)*.

50. "Robotics and the Economy," Economic Impact, Winter l983; reprinted in Third World Development (London: Grosvenor House, l984).

51. "Do's and Dont's of Tax R eform," Hearing before the Subcommittee on IRS Oversight,Senate Finance Committee, September 17, l984 (Washington, D.C.: Government Printing Office, l984).

52. "Was the l981 Tax Cut Fair?" The Congressional Record, June 13, l984; reprinted with accompanying testimony in Fairness and the Reagan Tax Cuts, Hearing before the Joint Economic Committee, June 12, l984 (Washington, D.C.: Government Printing Office, l984).

53. "Tax Avoidance, Tax Equity and Tax Revenues: The Impact of Marginal Income Tax Rate Changes in the United States, l954-l982," Study for the Joint Economic Commiittee of Congress (Washington,D.C.: Government Printing Office, l984); reprinted in Tax Notes, November l9, l984*.

54. "The Market Place and Macroeconomic Planning," in Kurt R. Leube and Albert H. Zlablinger, eds., The Political Economy of Freedom: Essays in Honor of Friedrich A. von Hayek (Munich: Philosophia Verlag, l984)*.

55. "Migration Efficiency Ratios and the Optimal Distribution of Population," Growth and Change, January l985*.

56. "The Changing Burden of the Federal Individual Income Tax, l981-83, Tax Notes, March 23, l985*.

57. "Income Tax Shares an d the Supply Side: A Reply," Tax Notes, June 10, l985*.

58. "Federal Tax Reform: Lessons from the States," Cato Journal, Fall l985.

59. "Tax Policy and Economic Growth In Ohio...", Southern Ohio Business Review, Spring/Fall l985*.

60. "The New Structural Poverty: A Quantitative Analysis," in War on Poverty--Victory or Defeat? Hearing before the Subcommittee on Monetary and Fiscal Policy, Joint Economic Committee, Congress of the United States (Washington, D.C.: Government Printing Office, l986)*.

61. "Suffer the Little Children: The True Casualties of the War on Poverty," in War on Poverty-- Victory or Defeat? Hearing before the Subcommittee on Monetary and Fiscal Policy, Joint Economic Committee, Congress of the United States (Washington, D.C.: Government Printing O ffice, l986)*.

62. "An Historical Perspective on Interregional Migration in the United States," chapter seven of R.J. Krumm, ed., Housing and Migration (Mount Pleasant, Mich.: Blackstone Books, l986)*.

63. "Inflation, Migration and Divorce in Contemporary America," in Joseph Peden and Fred Glahe, eds., The American Family and the State (San Francisco: Pacific Institute for Public Polic y Research, 1986)*.

64. "Rent-Seeking, Distributional Coalitions, Taxes, Relative Prices and Economic Growth," Public Choice, no.1, l986*.

65. "Wages, Prices and Employment: von Mises and the Progressives," Review of Austrian Economics, 1986*.

66. "Tithing for Levithan: the Case for a Pure Flat Rate Tax," chapter in Dwight Lee, ed., Taxation and t he Deficit Economy (San Francisco: Pacific Institute for Public Policy Research, 1986).

67. "Demonstrating Their Freedom: The Post-Emancipation Migration of Black Americans, " in Paul Uselding, ed., Research in Economic History, Vol. X (Greenwich, Conn.: JAI Press, 1986)*.

68. "Disincentives and Welfare: A Summary," in hearing record of Subcommittee on Trade, Productivity and Growth , Joint Economic Committee, Congress of the United States, 1986*.

69. "Paying People to Be Poor", Research Report No. 121, National Center for Policy Analysis (Dallas, Texas, l986)*.

70. "Federal Tax Increases and the Budget Deficit, l947-l986: Some Empirical Evidence," Congressional Record, April 30, l987*.

71. Economic Growth and Decline in the Old Northwest," in David Klingaman and Richard Vedder, eds., Essays on the Economy of the Old Northwest (Athens, OH: Ohio University Press, l987).

72. "The Tullock-Bastiat Hypothesis: The Inequality-Transfer Curve and the Natural Distribution of Income," Public Choice, 56:285-294, Spring 1988*.

73. "The Destruction and Reconstruction of the Family Wage in the United States, 1960-20 00," in Bryce J. Christensen, ed., The Family Wage (Rockford, IL: The Rockford Institute, 1988), 79-100.

74. "Welfare Spending and the Poverty Rate," in James S. Denton, ed. Welfare Reform: Consensus or Conflict? (Lanham, MD: University Press of America, 1988).

75. "Shrinking Paychecks: The New Economics of Family Life," The Family in America, 3(1): 1-8, January 1989.

76. "Long Live the Corporate Raider," in David L. McKee, ed., Hostile Takeovers: Issues in Public and Corporate Policy (New York: Praeger Publishers, 1989), pp.3-15.

77. "The Tullock-Bastiat Hypothesis and Rawlsian Distribution Stategies," Public Choice, April 1989*

78. "The Growth and Distribution of Income in the United States in Recent Years: An Overview," in Th e Income Distribution, Hearing of the Joint Economic Committee of Congress (Washington, D.C.: Government Printing Office, 1989), pp. 9-65.

79. "The Keynesian Peformance," Critical Review, 3:488-504, Summer/Fall 1989*.

80. "Prospects for the Ohio Economy? Boom or Gloom?" Southern Ohio Business Review, October 1989.

81. "Public Aid and Human Serv ices," in Joseph and Diane Bast, eds., Coming Out of the Ice(Chicago: Heartland Institute, 1990), pp. 217-232.

82. "The War Between the Rent Seekers," Public Choice, March 1991, 68(3), pp. 282-289.*

83. "Why People Work: An Examination of Interstate Variations in Labor Force Participation," Journal of Labor Research, Winter 1991, 12(1), pp. 47-59*.

84. "Black Exploitation and White Benefits: The Civil War Revolution," in Richard F. America, ed., The Wealth of Races, No. 132 , Contributions in Afro-American and African Studies, (Westport, CT: Greenwood Press, 1990), pp. 125-137.

85. "Tiebout, Taxes, and Economic Growth," Cato Journal, Spring/Summer 1990, pp. 91-108.

86. "Youthanasia," Family in America, 4: 1-8, July 1990; rep rinted in America's Children (San Diego: Greenhaven Press, 1991).

87. "Excise Taxes in the American Fiscal System. National Chamber Foundation Policy Analysis, August 1990. 33 pp. Washington, D.C.: National Chamber Foundation.*

88. "The Great Depression of 1946," forthcoming, Review of Austrian Economics, fall 1991*

89. "Recession and State and Local Fiscal Policies: An Unorthodox View," in The 1991 Economic Report of the President, Hearings of the Joint Economic Committee of Congress (Washington, D.C.: Government Printing Office, 1991), pp. 569-584.

90. "Across Group Pareto Efficiency and the 1986 Tax Reform: A General Equilibrium Assessment," Economic Notes*.

91. "State and Local Taxes and Economic Performance," Souther n Business and Economic Journal,*

92. "Racial Differences in Unemployment in the U.S., 1890-1990," Journal of Economic History*.

Miscellaneous Professional Publications
l. Book Review, Claudia D. Goldin's Urban Slavery in the American South, Journal of Ethnic Studies, l977.

2. Instructor's Manual for The American Economy in Historical Perspective (Belmont, California: Wadsworth Publishing Co., l977).

3. Book review, Paul Uselding, ed. Research in Economic History, Volume 4, appearing in Agricultural History, Spring l980.

4. "Musicians on the Move," Suzuki World, Summer l983.

5. Book review, Ta kenori Inoki's Aspects of German Peasant Emigration to the United States, l85l- l914, Journal of Economic History, December l984.

6. Op-Ed articles in the Wall Street Journal: "Soaking the Rich Through Tax Cuts," March 21, 1985* (reprinted in Richard McKenzie, Economics (Boston: Houghton Mifflin, 1986); "A Thirty Percent Rate Brings Greater Returns," May 8, 1985*; "AFDC and the Laffer Principle," March 26, 1986*; "Latest Data A ttest- Cuts in Top Rate Play Robin Hood," April 28, 1987* (reprinted in the Congressional Record); "Small Classes are Better for Whom?", June 7, 1988; "Rich and Poor Draw Closer," January 12, 1989*.

7. Numerous other articles in the popular press, some co-authored, including the Detroit News, Dayton Daily News, Washington Times, Newsday, Cleveland Plain Dealer, Cincinnati Enquirer, Columbus Dispatch, Street News, Akron Beacon Journal< /I>, and, partly by syndication, a large number of other newspapers.

8. Book review, Hill and Hill, Robotics and the Economy, Growth and Change, no. 2, l986.

9. "Taking a Walk Down Wall Street," MBA Quarterly, Winter l986*.

10. "The Failure of the War on Poverty," Policy Forum, September l985*.

11. Boo k Review, Atack and Bateman, To Their Own Soil, Indiana Magazine of History, December 1988.

12. "School Productivity, Class Size, and Choice," Updating School Board Policies, December 1988.

13. Book review, Kurtzman, The Decline and Crash of the American Economy, Journal of Economic History, June 1989.

14. "Do Tax Increases Harm Economic Growth and Development?", Arizona Issue Analysis, Report #106, Barry Goldwater Institute for Public Policy Research, September 20, 1989, 11 pp. Reprinted, 1990, by the Independent Institute and the Commonwealth Institute.

15. "A Review of Fiscal 2000's Findings and Recommendations," Arizona Issue Analysis, Report #108, Barry Goldwater Institute for Public Policy Research, February 1990, 19 pp.

16. "Do Immigrants Increase Unemployment or Retard Economic Growth?:", Research Study, National Chamber Foundation, Washington, D.C., 1990 (Reprinted in the Congressional Record, September 26, 1990, pp. S13946-13949; also issued as a report from the Republican members of the Joint Economic Committee of Congress).

17. "The University in Intertemporal Perspective," abridged version of speech delivered to Ohio University Convocation, reprinted in Judy Pearson and Paul Nelson, Caring and Sharing: An Introduction to Speech Communication (Dubuque, IA: William Brown Publishers, 1991).

18. "The Great American Tax Debate: A Symposium," Policy Review, 56,Spring 1991, pp. 53-59.*

19. "Meeting California's Budget Challenge", study (Sacremento: California Chamber of Commerce, 1991).

Teaching Activities
l. Winner, University Professor Award for Teaching Excellence, l985.
2. Winner, Dean's Teaching Award, College of Arts and Sciences, l985.
3. Co-Organizer, Earhart Founndation Lecture Series in Economics, l971, l976.
4. Co-Ordinator, Morton Professor Program in Economic History l979; developer of videotape ser ies of interviews with leading economic historians.
5. Director, Honors Tutorial Program in Economics, Ohio University, l982-Preent.
6. Member eight doctoral committees; director, numerous master's theses, papers, etc.
7. First Ohio University faculty member to teach course by "interactive" television (Athens and Lancaster, Ohio, Winter l983).
8. Courses taught (Ohio university unless otherwise indicated): Princi ples of Economics (macro, micro, combined macro-micro, honors, sections for high school teachers; at Claremont Men's College, University of Colorado as well as Ohio University); intermediate microeconomic theory, intermediate macroeconomic theory, American Economic History, European Economic history, economic development, graduate seminar in development economics (University of Colorado), introduction to economic methodology, public finance, international economics(MARA Insti tute, Malaysia).

Mad Dog said...

Cowboy, next this miserable person is going to start calling you "little Eichman","Hitler", he'll say YOU torched the Reichstag, and then he'll call you a neo-nazi."

But that will better describe him/her since they want to silence you by writing you off as a sycophant. Huh!

maxheadroom said...

“…ill equipped to offer any more critical reasoning or response…” Chris, I agree with cowboy that this is indeed an apt description of you and your friend sciencedoc. And by the way, “possesive” is spelled possessive.

Cowboy, I agree with you that this person has a great deal of internalised hostility. And I do believe that you make a very good and interesting point. While Dr. Vedder is trying to help people, these train-spotters have not a thing to offer. They cannot deal with the message, so they attack the messenger. Unfortunately, we will continue to have to deal with intolerance and the product of small minds – stupidity and ignorance. I believe their reaction to my comment shall be consistent with their limitations.

And just for the record, I agree with Dr. Vedder on the “ends” he is attempting to achieve, but I do sometimes disagree with “means”. He has quite a horribly large task taking on the higher education establishment and people who believe that a student should mortgage his or her future to pay for higher education.

sciencedoc said...

Chris, I couldn't care less whether Vedder is at Ohio U. or Ohio State or one of the other bigger schools you mentioned. All I care about is the quality of his thought and his overall demeanor and judgment. And these are very poor. Not only is his economic reasoning juvenile, he seems a bit unhinged as when he calls faculty members "whores" for seeking external research funding i.e. doing part of the job they are paid to do.

Administrator said...

Look up "metaphor" dumbass. You have beaten this horse to death several times over for christ's sake.

sciencedoc said...

Boy, you're right, I thought he meant that the scientists were literally get humped on campus for pay. Now I see that it's just a "metaphor". That makes it just fine. Thanks for the clue.

Administrator said...

Why don't you just SWALLOW and get over it and stop your childish whining? Waaah - Waaaah, Mama, mama.

Cowboy said...


Your last comment you posted is not only over-the-line, but it is also out-of-line. You are a damned embarassment.

You may be correct that Dr. Vedder used a metaphor to emphasize a point, but for you to make comments like that makes you no better than the other commenter's "drive-by" personal attacks. In fact, your's is probably worse. You can not forward your agenda with stupid comments.

I agree that sciencedoc has beaten this "whore" horse to a bloody, pulpy, pile of flesh, organs, and ground bone. If that's all the ammo she has, let her go. As much as I disagree with her, I can't condone gutter comments. Please, if you are going to post comments, try to turn down the gain - Okay?

And for sciencedoc, I have noticed that Dr. Vedder has not used such metaphors since you voiced your objections. But he has as much right to free speech and expression as the guy in Colorado who published the editorial page that said "F_CK BUSH". So if he should choose to use metaphors that some might consider inflammatory, so be it.

Cowboy said...

Hey Mad Dog,

Hitler has been thrown around so much (particularly in describing President Bush) that the name has lost a lot of it's meaning. I attribute this to a lack of education in history and just plain ignorance.

Maybe the name "Adolph" will make a comeback - especially within the circle of ultra left-wing nut jobs.

Enough off-topic B.S.

sciencedoc said...

Cowboy, for the record, I'm he, not she.

Given the picture you posted of yourself in your underwear, you shouldn't be talking too much about people's gender identity.

One on one with me you wouldn't last long.

If Vedder stopped using his nauseating term -- I think he used it twice -- on account of me, I congratulate myself.

Mad Dog said...
This comment has been removed by the author.
sciencedoc said...
This comment has been removed by the author.
Swift Boater said...

Laying waste to civilized discussions of higher education.

But not surprising.

Come and get it!