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For the week of February 1, 2016
COMMENTARY – by Michael J. Hicks, Ph.D.
Modern productivity advances have their limits in the education sphere.
It is not difficult to find fault with the rising expenditures in higher education, or to feel frustrated with the ever greater cost of educating children. Both past and future readers of this column will be exposed to my criticism of universities and schools that waste public dollars. Still, it is important from time to time to state what should be obvious; costs associated with education are likely to continue to rise for reasons unrelated to waste or ineptitude. Let me explain.
Read the full text: Facing Up to the 'Cost Disease'
Last week's commentary: The End of a Bubble, Version 2016
View our latest work and related topics by visiting our projects and publications library.
Projects and Publications Library: http://projects.cberdata.org
DID YOU KNOW? – by Dagney Faulk, PhD
December 2015 county-level labor market data was recently released. Delaware County's unemployment rate was 5.4 percent much lower than December 2014 (6.7 percent) but higher than then last few months. Delaware County's labor force continues to increase topping 55,000 in December indicating that more people are looking for jobs.
ECONOMIC INDICATORS – View all economic indicators (CBER Data Center).
February 1, 2016
U.S. Personal Income, Quarterly
February 5, 2016
U.S. Motor Vehicle Retail Sales, Monthly
U.S. Unemployment Rate, Monthly
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