For good or ill, many people reduce the entire pro-growth worldview of supply-side economics down to the "Laffer Curve," which graphically depicts the tradeoff between tax rates versus the total tax revenues actually collected by the government.
Higher Education Subsidization: Why and How Should We Subsidize Higher Education?
We provide massive college subsidies at both the federal and state level. This paper explores the justifications for these college subsidies, subsidy design considerations, and evaluates the main subsidy programs to assess whether they are well-designed. Our evaluation discovers reasons to eliminate some subsidies and ways to improve other subsidies. Key points: Subsidies for higher...