Sunday, September 07, 2008 | 12:40 a.m.

The Economics of College: Part II

by Thomas Sowell

Those who argue that the taxpayers should be forced to subsidize people who go to colleges and universities seldom bother to think beyond the notion that education is a Good Thing.

Some education is not only a good thing but a great thing. But, like most good things, there are limits to how much of it is good — and how good compared to other uses of the resources required.

In other words, education is not a Good Thing categorically in unlimited amounts, for people of all l ...

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Sunday, September 07, 2008 | 12:40 a.m.
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