November 27, 2012

I, Pencil: The Movie

Lynne Kiesling Whether or not you’ve read Leonard Read’s famous essay I, Pencil, I recommend this short video rendition, courtesy of the Competitive Enterprise Institute. [youtube=http://www.youtube.com/watch?v=IYO3tOqDISE] It captures poetically the fascinating, marvelous coordination that we achieve through markets, enabling prosperity and well-being beyond what we would each individually be able to achieve alone. And at …

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Disruptive Innovation in Education

Lynne Kiesling The disruptive digital innovations that have transformed music, movies, and news are now changing business models in higher education. This month’s Cato Unbound features a set of essays on the possible effects of changes like universities offering MOOCs (massive online open courses) at zero price. In the lead essay, Alex Tabarrok argues that …

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