The Problems With College Ranking

Just like grading human capital, ranking college quality through a single number hides the subjectivity of the process.

Emerging Markets: Cow Economics

Think of dung cakes and milk and calves as output. And feed and veterinary fees and milking time as input. The result is a new image of a cow. Compiling data from Northern Indian villages, researchers from Penn and Yale concluded…

How Wealthy is Your Nation?

When someone asks about your wealth, don’t you consider more than your income? A new UN report explains where countries might do the same thing. The report suggests that we focus more on a country’s land and capital assets. By land,…

Stagnation or Education?

Is the problem stagnation or education? For George Mason economist Tyler Cowen, it was all about his grandmother. Debating MIT economist Erik Brynjolfsson, Cowen reminded us that a long list of innovations including cars, antibiotics and refrigerators revolutionized his grandmother’s…