Phillip W. Magness

Is Administrator Bloat an Adjunct Pot of Gold?

“What about university administrator bloat?” This question is commonly posed in conjunction with the adjunct activist movement, and usually identified as an “obvious” source for funding that could be reallocated to other purposes. And it might well be suitable for reallocation, though as Jason Brennan and I showed it is not obvious that adjuncts deserve […]

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New evidence is undermining the ‘Inequality Scare’

Almost two years have passed since the publication of Thomas Piketty’s Capital in the 21st Century, and the larger genre of economic research on the distribution of wealth has exploded since that time with complementary arguments being advanced by economists Emmanuel Saez and Gabriel Zucman, as well as economic popularizes on the left including Paul Krugman and

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A challenge for libertarian “welfare state” policy swappers

Policy swaps seem to be all the rage these days among some self-described libertarians. The premise is simple: recognizing that political libertarianism isn’t exactly thriving at the moment, they propose a policy “swap” in which they signal a willingness to forego a hardline libertarian position in some issue areas in exchange for promised gains in other

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Adjunct activists seek to codify age-discrimination against younger academics

The adjunct activist movement is currently mobilizing its forces behind a new “adjunct relief” bill in the California legislature, AB 1690. The proponents of this bill are portraying it as a much-needed “job security” measure for part time contract faculty at state-run higher ed institutions (in this case the California community college system). The bill

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Quick thoughts on the new Piketty-Saez-Zucman Income Inequality Study at AEA

The American Economic Association held its annual meeting in San Francisco this week. Consistent with the recent surge of interest in inequality research, one of the papers generating the most buzz was a new income inequality time series by Thomas Piketty, Emmanuel Saez, and Gabriel Zucman. The paper itself has not been released yet, but its

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