Richard Vedder (Ohio University)

A conversation with economist and historian Richard Vedder (Part 2 of 2)

The Ohio University professor emeritus talks to Michael E. Hartmann about whether tax-incentivization is a subsidy, the taxation of endowments in higher education, Milton Friedman’s 2003 e-mail to him about negative externalities in higher ed, whether there might also be negative externalities in philanthropy, and the taxation of endowments in philanthropy, as well as a little about the Ohio Bobcats’ football team.

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Harvard Hall, Harvard University (Wikimedia Commons)

Legislation proposed to increase taxes on large university endowments

The College Endowment Accountability Act, according to Sen. J. D. Vance, responds to “a problem, borne of unfairness and of mass subsidy from the American taxpayer, that has now metastasized into one of the most-corrupt and one of the most politically active and politically hostile organizations in the United States of America, and that is elite colleges.”

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Michael Poliakoff and Emily Koons Jae

A conversation with ACTA’s Michael Poliakoff and Emily Koons Jae (Part 2 of 2)

The American Council of Trustees and Alumni’s president and vice president talk to Michael E. Hartmann more about the need for and nature of higher-ed reform in the wake of the October 7 Hamas attack and its aftermath—including on-campus pro-Hamas activities, their tolerance if not encouragement by administrators, and the “donor revolt” against all of it.

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