CSPAN2 Book TV August 11, 2013
Endowments of colleges and universities with wealth over a billion dollars. Is there a logic for colleges and universities having their endowment taxed in one way or another. In other words, what business is of it government to decide how schools devote their resources. The schools want to reduce the endowment, they can do it. Theyre not really forced to there are some arguments they are. I believe those are what is the government doing in mucking around in this . Our answer is that the government certainly has at least a very plausible basis for mucking around in this because the subsidizes f...