DICTA

July 8, 2011 § Leave a comment

  • We’ve talked before about the increasingly negative ROI for law school grads, and just when the picture looks its bleakest comes the news that some law schools are considering the “private funding model.” That’s fancy academic-ese for “We are going to increase the tuition out of sight because the state has underfunded us for the nth year in a row.” Using this approach, the school eschews state money and generates its own budget. The University of Minnesota Law School is considering it.
  • Who profited from the Fed’s quantitative easing, and who lost?   
  • New Orleans ephemera: some haunting images of Lost Big Easy.
  • NPR reports that there is much movement by both sides in the federal debt ceiling debate that must be resolved before July 22. 
  • Preservation in Mississippi (MissPres) has a fascinating piece on the the second battleship U.S.S. Mississippi, the figurehead of which rests on the grounds of the State Capitol in Jackson. In the course of uncovering its history, the blog discovers a mystery. If you’re a history geek like I am, you owe it to yourself to check out MissPres.
  • Hardworking Americans who make between about $40,000 and $120,000 a year currently are paying the freight for operation of the federal government. Everyone else gets a more-or-less free ride. It hasn’t always been that way, as this historical graph of the tax burden shows. 

    U.S.S. Mississippi, 1905-1914

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