Soak the rich (colleges)! - Jay Maynard

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Tuesday, 25 October 2005


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0832 - Soak the rich (colleges)!

I went to look at the other articles in The American Enterprise's online edition. In addition to a column by James Lileks on good children's programming, there's a gem by George Washington University economics professor Robert M. Dunn, Jr., advocating that rich leftist colleges such as Harvard, Yale, and Princeton should practice what they preach and redistribute some of their wealth to poorer institutions.

It's a great idea that the rich institutions will categorically ignore, in spite of their own declared principles.

current mood: [mood icon] enthralled
current music: Electric Light Orchestra - Evil Woman

(13 comments | Leave a comment)

Comments:


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From:wakkowarner
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Isn't the redistribution of wealth kind of a Marxist idea? Interesting to see it's gotten your support.
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From:jmaynard
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I'm just pointing out the utter hypocrisy of the rich Marxist institutions.
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From:shelbystripes
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Of course, it's hypocritical for the author of that article to call on the currently-GOP-controlled Congress and President Bush to remedy the situation by passing a massive progressive tax on college endowments, since doing so would be a rather blatant violation of their supposed free-market principles. But that's not the kind of hypocrisy you like pointing out, is it?
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From:jmaynard
Date: - 0000
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He's merely echoing the same call from the Left, while pointing out that they should be doing so according to their own principles.

Indeed, it would be a lot more consistent for the Left to be calling for soaking all of the rich, instead of just the rich on the right.
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From:korgmeister
Date: - 0000
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An even more interesting question, from a Liberal ethics point of view, is why these wealthy ivy-league colleges are not doing more to financially help out talented students of modest financial means.

It would appear they can afford it, and it is something of a core liberal belief that the wealthy have an obligation to help the poor. And after paying Ivy-league tuition fees, an awful lot of studens are poor ;)
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From:shelbystripes
Date: - 0000
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I understand his argument is that these institutions are hypocritical, but he's calling for the GOP to become hypocrites in response by imposing progressive taxes that they don't believe in according to their own principles, and you seem to be supporting that hypocrisy.
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From:vakkotaur
Date: - 0000
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The problem with illustrating absurdity by being absurd is that someone will miss that and claim that the suggestion is serious.

From:rendtheheavens
Date: - 0000

yaya

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ya ya....hypocrisy can be found on both sides....

You right wingers who preach personal responsability, are always asking the government to bail you out when your rich corporations go under and mis manage the money badly!

Bla Bla Bla!
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From:korgmeister
Date: - 0000

Ray Bolger Variety Hour

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Tell you what. When I meet a right winger who actually espouses such views, I will let you know.
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From:tanuki_san
Date: - 0000
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I don't really see Ivy league schools as leftist colleges. I mean, heh, Dubya graduated from Yale.
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From:korgmeister
Date: - 0000
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Fabulous reasoning! The presence of statistical outliers obliviates a trend!

Jay, your trolls seem to be extra-stupid today. I think they need more coffee.
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From:tanuki_san
Date: - 0000
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I'm not here to start a debate, I'm just stating that even institutes that you associate as "leftist" can bring forth figureheads in the Conservative movement.

Please don't call me stupid. Arrogance isn't really in style this year.
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From:korgmeister
Date: - 0000
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I'm not here to start a debate

I didn't think so, debaters tend not to be quite so asinine.

figureheads in the Conservative movement.

Hold on? Are we still talking about George W Bush? The George W Bush whose actions in office mainly consisted of kicking Barry Goldwater style conservatism in the balls repeatedly?

If he's what passes for a conservative these days, I might as well call myself a libertarian. Not that I like being associated with those cloud-castle builders, either.

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