Teachers as Rent Seekers

Mona Charen

Townhall - "The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist." -- John Maynard Keynes.....The particular defunct economist who most dominates the minds of the Obama administration and the Democratic Party is Keynes himself. But events in Wisconsin and a few other states are bringing other economists -- some still very much alive -- to the fore. In Wisconsin and other states facing severe budget crises, we are witnessing the clash of special interests versus the public interest. Though the term "special interests" is usually deployed as an epithet by Democrats and is meant to refer to oil companies, "the rich," or other undesirables, in fact, as economist James M. Buchanan and other "public choice" theorists explain, a special interest is any community that attempts to gain a particular advantage from government. Read full column here: News New Mexico

Teachers as Rent Seekers