Jul 10, 2015

No End In Sight For Higher-Education Malinvestment | Zero Hedge

Submitted by Doug French via The Mises Institute, Those of us leaning in the Austrian direction see bubbles and malinvestments around every corner and assume, wrongly as it turns out, the market will right these wrongs lickety-split. But, for the moment a rational market is no match for cheap money. “Any college that is thinking about capital expansion, now is a very good time,” Robert Murray, an...

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