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Education Meltdown

Richard Vedder, professor of economics at Ohio State University, teaches at the annual Mises University, an instructional seminar in the Austrian School for undergraduates and graduate students, sponsored by the Ludwig von Mises Institute. In this piece, Professor Vedder identifies some structural problems in conventional university settings, and explains how alternative settings can restore genuine education.

The Wall Street Journal
August 31, 1998

Higher Education at Lower Cost
By RICHARD VEDDER

What sector of the American economy has faced rapidly rising costs for several decades, with third parties, including government, paying most of the bills? Health care? Sure, but also higher education. And the economics of rising costs are likely to force radical changes at many of our colleges and universities. more

Not with a bang but with a whimper

The derisory fines imposed on two men arraigned before two different magistrates on charges of being in possession of explosive material without authorisation and the illegal manufacture of fireworks are inexplicable. The decision to treat such foolhardy actions with what would appear to many as leniency will take some explaining - a case of not dealing with the culprits with a bang by throwing the book at them but with a whimper.

Under the Explosives Ordinance anyone found guilty of such offences is liable to imprisonment for a term not exceeding six months, or to a fine of between €46.59 (Lm20) and €465.9 (Lm200). It would, therefore, take some explaining why, given the public shock and horror at the Naxxar tragedy and the seriousness with which such a crime should be viewed, a salutary custodial sentence was not deemed appropriate in these cases. more

South Island universities combine in push for entrepreneurs

Three South Island universities have joined forces to encourage entrepreneurship.

The project partnering Canterbury, Lincoln and Otago universities has been awarded $3 million from the Government's Encouraging and Supporting Innovation Fund.

Canterbury University project leader Bill Swallow said the goal was to encourage "active embracement of entrepreneurship".

"The project will help facilitate the capture of intellectual property and develop technology-based businesses through which we aim to help catalyse the economic transformation of NZ," Dr Swallow said.

"We will also see a stream of business-savvy New Zealand graduates."

. more

From Program to Product: Turning Your Code into a Saleable Product

From Program to Product: Turning Your Code into a Saleable Product is for both the "lone ranger" programmer and small developer teams of 2-3 persons each. If you have a program developed for your own use and would like to commercialize it, but are stymied at the many issues to consider and resolve before selling to the public, you'll find your answers here. . more

Network for small business managers

FINGAL COUNTRY ENTERPRISE BOARD is setting up a business network aimed at owners and managers of small businesses which have been up-and-running for less than two years.The Fingal Business Network is being launched by Bill Cullen, former head of Renault Ireland, at the Europa Academy in Swords on Thursday, March 27.

According to research undertaken by the Department of Enterprise, Trade and Employment, small companies face a higher risk of business failure than larger companies.

As part of the support measures put in place by the board, the network will provide small companies with the opportunity to share problems, learn from others, build a network of contacts and grow ideas. . more

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