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The Lighthouse

The Lighthouse is the weekly email newsletter of the Independent Institute.
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Volume 21, Issue 18: May 7, 2019

Higher education in America is in crisis: It’s too costly, it fails to educate students adequately, and the payoff for graduates and society is declining. Fortunately, Independent Institute Senior Fellow Richard K. Vedder offers numerous correctives in his new book, Restoring the Promise: Higher Education in America. Taken together, reforms such as adopting Income-Share Agreements, creating three-year degrees, having schools cover student-loan defaults (“skin in the game”), fostering competitive institutions of quality control, and ending federal involvement would help spark a renaissance in higher education. READ MORE »



By Samuel R. Staley (FOXBusiness, 4/26/19)
Young adults today start businesses much less often than did their counterparts in the 1980s and ‘90s. The reasons are complex, but one consequence is straightforward: Without a vibrant entrepreneurial class, the American free-enterprise system will suffer. Therefore, helping Millennials get onto the startup field will promote not only their prosperity and well-being—but everyone else’s, too. READ MORE »

Catalyst


By Benjamin Powell (The Hill, 4/29/19)
State occupational licensing laws can be a significant barrier to upward mobility, especially for low-income professions, which require on average almost one year of education or training, the passing of an exam, and the payment of $260 in fees. Arizona hasn’t solved the problem, but it is easing the burden for new residents by recognizing licenses issued by other states. READ MORE »



By John C. Goodman (Forbes, 4/15/19)
America’s senior citizens suffer from discrimination by numerous unfair public policies. To remedy the injustice, we must make several changes, such as abolishing the Social Security earnings penalty, allowing Medicare Advantage and Accountable Care Organizations to take full advantage of telemedicine, giving seniors access to Health Savings Accounts, and stopping the double taxation of senior savings. READ MORE »



By Ronald L. Trowbridge (The Orange County Register, 5/4/19)
California’s political culture is fixated on income redistribution, identity politics, and diversity (in the trendy, narrow sense that excludes intellectual diversity). For anyone whose politics is based on free markets and individualism, the Golden State is anything but golden. READ MORE »



The Beacon: New Blog Posts

Catalyst: New Articles



  • Catalyst
  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org