I have taught basic principles of economics for thirty years to groups after groups of college students who were often cross-eyed, bored, running late, playing with their phones, angry that I gave them too many notes, “hard tests,” and too many assignments which interfered with their busy social lives. Continue reading
Congress is looking at college and university endowments and at their donors as a source of revenue. Tax endowment fund earnings have been exempted from federal income tax and those who contributed to such endowment funds were able to “deduct the value of their contributions from income subject to tax.” Continue reading
“The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
– John Adams, a Defense of the American Constitutions
York River