Monday, April 23, 2012

Education as a market and the collapse of expectations

This graph (via The Economist) shows how much tuition fees have risen in US universities during the last few decades.The Economist article was published a couple of years ago, and it correctly pointed out that: For decades, college fees have risen faster than Americans’ ability to pay them. Median household income has grown by a factor... Read...
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Saturday, April 21, 2012

Work harder, buy more things, otherwise the economy will collapse

 MUST-READ from Orion Magazine: [...] Just ten years later things looked very different. Cars dominated the streets and most urban homes had electric lights, electric flat irons, and vacuum cleaners. In upper-middle-class houses, washing machines, refrigerators, toasters, curling irons, percolators, heating pads, and popcorn poppers... Read...
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How many remember this? April 20, 1914: The Ludlow Massacre

This blog hasn't been updated in approximately two months (which feels like a lifetime in our "fast-changing" world). But hopefully I will have more time from now on - and for my first post after such a long while, the choice was easy: On April 20, 1914, a great event happened in USA, an event that is even known to an foreigner like me.... Read...
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