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The Internet is a very silly place, but I’m glad we have it.
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“Instead of holding up a magnifying glass to the industry, we take an aerial view. The view from above shows us different things. Rising college costs are an important byproduct of broad economic forces that have reshaped the entire economy, and in particular of the technological progress that has so dramatically raised living standards over time.
Our technology story rests on three strong pillars. First, like many personal services, including much of health care, the law and banking, higher education remains essentially an artisanal industry. These are industries in which technological progress has not reduced the number of labor hours needed to “produce” the service. By contrast, labor productivity in basic manufacturing has soared, and this is why the cost of a year of college has gone up compared with the purchase price of a basic car or a basket of groceries. “
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“The campaign against this mosque is one of the ugliest and most odious controversies in some time. It’s based purely on appeals to base fear and bigotry. There are no reasonable arguments against it, and the precedent that would be set if its construction were prevented — equating Islam with Terrorism, implying 9/11 guilt for Muslims generally, imposing serious restrictions on core religious liberty — are quite serious. It was Michael Bloomberg who first stood up and eloquently condemned this anti-mosque campaign for what it is, but Obama’s choice to lend his voice to a vital and noble cause is a rare demonstration of principled, politically risky leadership. It’s not merely a symbolic gesture, but also an important substantive stand against something quite ugly and wrong. This is an act that deserves pure praise.”