Picking on Tom Piketty

French economist Thomas Piketty’s recent book, “Capital in the Twenty-First Century,” has been more discussed than any work in economics since those of John Kenneth Galbraith and Milton Friedman. Piketty argues that under normal capitalist… Continued

Our future funding woes

Authoritative reports say that over the next few years, Drexel will adopt responsibility center management, or RCM. This is one of several models for university budgeting, each of which has some known advantages and disadvantages.… Continued