{"product_id":"9781598134032","title":"Let Colleges Fail: The Power of Creative Destruction in Higher Education","description":"\u003ctable\u003e\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd style=\"\"\u003e\u003cstrong\u003eAuthor\/Contributor(s):\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd style=\"\"\u003eVedder, Richard K.\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"\"\u003e\u003cstrong\u003ePublisher:\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003eIndependent Institute\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"\"\u003e\u003cstrong\u003eDate:\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd\u003e4\/15\/2025\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"\"\u003e\u003cstrong\u003eBinding:\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd style=\"\"\u003eHardcover\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd style=\"\"\u003e\u003cstrong\u003eCondition:\u003c\/strong\u003e\u003c\/td\u003e\n\u003ctd style=\"\"\u003eNEW\u003cbr\u003e\n\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\u003c\/table\u003eEveryone knows American universities are more expensive and less impressive than ever. But no one has come up with a plan to fix them.\u003cbr\u003e \u003cbr\u003e No one…\u003cbr\u003e \u003cbr\u003e \u003cb\u003eUntil now.\u003c\/b\u003e\u003cbr\u003e \u003cbr\u003e \u003cb\u003e\u003ci\u003eLet Colleges Fail: The Power of Creative Destruction in Higher Education\u003c\/i\u003e\u003c\/b\u003e is \u003ci\u003ethe \u003c\/i\u003ehard-hitting instruction manual America needs in order to save its institutions of higher learning.\u003cbr\u003e \u003cbr\u003e The solutions proposed herein are unorthodox. They’re stern. They’re tough.\u003cbr\u003e \u003cbr\u003e To some, they might even sound utterly shocking.\u003cbr\u003e \u003cbr\u003e \u003ci\u003eBut they’re bound to work.\u003c\/i\u003e\u003cbr\u003e \u003cbr\u003e \u003cb\u003eRichard Vedder\u003c\/b\u003e, Senior Fellow at Independent Institute and Distinguished Professor of Economics Emeritus at Ohio University, asks \u003cb\u003ethe forbidden question\u003c\/b\u003e:\u003cbr\u003e \u003cbr\u003e \u003ci\u003eWhy \u003c\/i\u003edo we subsidize universities through taxpayer-provided grants and private donor gifts when the institutions are so obviously failing America’s youth?\u003cbr\u003e \u003cbr\u003e How can we justify this special status, while businesses offering far more useful goods and services are punished by confiscatory taxes—for simply turning a well-deserved profit?\u003cbr\u003e \u003cbr\u003e The history behind these questions is long, winding, and complicated.\u003cbr\u003e \u003cbr\u003e But the solutions to our current crisis are not.\u003cbr\u003e \u003cbr\u003e \u003ci\u003eIn fact, they’re as time-tested as the study of economics itself.\u003c\/i\u003e\u003cbr\u003e \u003cbr\u003e Vedder reminds Americans of the concept of “creative destruction” (famously introduced by economist Joseph Schumpeter)—the idea that, because markets threaten to reallocate resources from unproductive to productive uses by “creatively destroying” failing businesses, markets actually \u003ci\u003ehelp \u003c\/i\u003efailing businesses \u003ci\u003eadapt \u003c\/i\u003eto the market’s ever-changing needs and realities.\u003cbr\u003e \u003cbr\u003e It’s sink or swim.\u003cbr\u003e \u003cbr\u003e And in the face of necessity, most businesses—or at least, those worth their salt—learn, however painfully, to swim.\u003cbr\u003e \u003cbr\u003e And if universities want to survive, \u003cb\u003esays Vedder\u003c\/b\u003e, they must learn to swim, too.\u003cbr\u003e \u003cbr\u003e But because we have cushioned them from the demands, necessities, and realities of public life, American colleges are weak, woke, and unforgivably obtuse. Their eye-stretching price tag just adds insult to injury.\u003cbr\u003e \u003cbr\u003e Read this book and discover:\u003cbr\u003e \u003cul amazon=\"\" font-size:=\"\"\u003e \u003cli\u003ewhat universities can—indeed, \u003ci\u003emust\u003c\/i\u003e—learn from the profit-making private sector;\u003c\/li\u003e \u003cli\u003ewhy big government needs to get out of the student loan business \u003ci\u003eyesterday \u003c\/i\u003e… and what will happen if it refuses to do so;\u003c\/li\u003e \u003cli\u003ewhy accreditation, though infrequently questioned or critiqued, might actually be unnecessary … or even \u003ci\u003ebad\u003c\/i\u003e;\u003c\/li\u003e \u003cli\u003ehow privatizing state universities could actually open newer and more affordable finance options;\u003c\/li\u003e \u003cli\u003ewhat a healthy voucher\/scholarship arrangement could look like;\u003c\/li\u003e \u003cli\u003eand much, much more …\u003c\/li\u003e \u003c\/ul\u003e \u003cbr\u003e\u003cbr\u003e Daring in its analysis, practical in its problem-solving, and thoroughly readable in its prose, \u003cb\u003e\u003ci\u003eLet Colleges Fail\u003c\/i\u003e\u003c\/b\u003e is indispensable reading for those who want America’s colleges to thrive once again.","brand":"Independent Institute","offers":[{"title":"Default Title","offer_id":50864980164863,"sku":"9781598134032","price":29.95,"currency_code":"USD","in_stock":false}],"url":"https:\/\/massivebookshop.com\/products\/9781598134032","provider":"MASSIVE BOOKSHOP","version":"1.0","type":"link"}