Colleges are beaches. People are walking and picking up degrees like seashells. As we hand out more and more degrees, each degree becomes less and less valuable. I’m amazed no one has pointed this out.
The viral protest meme known as "Occupy Wall Street" is still going strong, and according to some provocative research to be published in PLoS One, it may never have reason to run out of steam. Why? Because "the 1%"--#OWS-speak for the tiny subgroup of wealthy interests that exerts outsize influence over "the 99%" comprising the rest of us--may be a mathematically inevitable consequence of the way networks self-organize.
The Bill and Melinda Gates Foundation is teaming up with Beijing to fund a series of revolutionary agricultural and biotech initiatives. China might be using Gates to further its economic imperialism. But maybe that's not such a bad thing.
A recent visit to a free hotel buffet got me thinking about the broadly subsidized costs of such things. As the debt-ceiling dialogue revealed, the ethos of wanting things cheap or free has saturated our political culture. Cheaper government now, many clearly think, won't entail costs later. But isn't everyone--including me--indirectly paying?