"The way to get closer to the truth is to start with the conditions under which you're wrong, not to list all the reasons you think you are right." —Tyler Cowen
Elementary, but too often forgotten
A College Endowment Tax Is the Wrong Federal Policy
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The rate would top out at 21 percent for endowments of at least $2 million
per student. While endowment sizes can be unseemly—Harvard has a stash
bigger th...
1 hour ago
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