Post-Secondary Education & James O'Connor (was Re: Pro-ITNLibelSuit Post)

[Brad De Long]

>. . .
>Is it not possible for truck drivers to appreciate knowledge
>generated in a univerisity?  Why is assumed that ordinary
>people could never value or understand this - isn't this a rather
>dim view of truck drivers?
>cheers,
>Paul
>>>>>>>>
>
>I think the point is that the contribution of the working
>class to state-financed higher ed is disproportionate to
>their benefits, relative to those with higher incomes.
>
>State tax systems tend to be regressive, and public universities
>admissions are tilted to those w/higher income.
>
>mbs

Yup.

Not that I would complain about better funding for state 
universities, mind you...

Brad DeLong
-- 

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
"Now 'in the long run' this [way of summarizing the quantity theory 
of money] is probably true.... But this long run is a misleading 
guide to current affairs. **In the long run** we are all dead. 
Economists set themselves too easy, too useless a task if in 
tempestuous seasons they can only tell us that when the storm is long 
past the ocean is flat again."

 
--J.M. Keynes
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --
J. Bradford De Long; Professor of Economics, U.C. Berkeley;
Co-Editor, Journal of Economic Perspectives.
Dept. of Economics, U.C. Berkeley, #3880
Berkeley, CA 94720-3880
(510) 643-4027; (925) 283-2709 phones
(510) 642-6615; (925) 283-3897 faxes
http://econ161.berkeley.edu/
<delong at econ.berkeley.edu>