Richard Vedder
Richard Vedder | |
|---|---|
University of Illinois | |
| Occupation(s) | Author, historian, professor, columnist, policy scholar |
Richard K. Vedder (born November 5, 1940) is an American
Biography
Vedder was born on November 5, 1940. He earned his bachelor's in economics in 1962 from
Vedder serves as an adjunct scholar at the
Public commentary
Higher education
Vedder wrote in his June 2004 book Going Broke by Degree: Why College Costs Too Much that American universities have become less productive and less efficient in recent years as well as more likely to shift funds away their core mission of teaching. He also criticized rising tuition costs. He proposed as a broad solution moving state universities toward
On May 27, 2011, Vedder appeared on the
Government spending
Vedder and writer Stephen Moore wrote in the Wall Street Journal editorial page in March 2011 that every new dollar of new taxes leads to more than one dollar of new spending according to their research. Thus, they found evidence in favor of the "Feed the Beast" theory: that increasing taxes for the purported purpose of balancing the budget leads only to the government spending such inflows.[7]
U.S. bailout
In the aftermath of the
Walmart wages
Vedder wrote, along with Wendell Cox, the December 2006 book The Wal-Mart Revolution in which they asserted that criticisms of wage practices at WalMart are "unfounded." He argued that Walmart workers are "paid fairly" given their skill and experience, and he stated that they also receive side benefits such as health insurance that is fairly similar to competing firms. He further argued that communities with new Walmart stores have greater total employment and higher incomes.[5]
Books and writings
Vedder's scholarly writings have appeared in journals such as
He has published the books The American Economy in Historical Perspective, Unemployment and Government in Twentieth-Century America (with Lowell Gallaway), Can Teachers Own Their Own Schools?, Going Broke by Degree: Why College Costs Too Much,[2] and The Wal-Mart Revolution: How Big-Box Stores Benefit Consumers, Workers, and the Economy (with Wendell Cox).[5]
Bibliography
- Richard K. Vedder; David C. Klingaman (1975). Essays in Nineteenth Century Economic History: The Old Northwest. Ohio University Press. ISBN 978-0-8214-0170-5.
- Richard K Vedder; Lowell E. Gallaway (1997). Out of Work: Unemployment and Government in Twentieth-Century America. NYU Press. ISBN 978-0-8147-8833-2.
- Richard K. Vedder (2004). Going Broke by Degree: Why College Costs Too Much. American Enterprise Institute. ISBN 978-0-8447-4197-0.
- Richard K. Vedder; ISBN 978-0-8447-4244-1.
See also
- List of American Enterprise Institute scholars and fellows
- United States Congress Joint Economic Committee
References
- ^ "Richard Vedder". www.ohio.edu. Retrieved 2018-10-05.
- ^ a b c d e "AEI – Going Broke by Degree". American Enterprise Institute. Retrieved March 24, 2011.
- ^ "AEI – Speeches – Testimony before the Joint Economic Committee of Congress". American Enterprise Institute. Retrieved March 25, 2011.
- ^ Center for College Affordability and Productivity
- ^ a b c "AEI – The Wal-Mart Revolution". American Enterprise Institute. Retrieved March 24, 2011.
- ^ "Is a College Diploma Worth the Soaring Student Debt?". PBS NewsHour. May 27, 2011.
- ^ Stephen Moore; Richard Vedder (November 21, 2010). "Higher Taxes Won't Reduce the Deficit". Wall Street Journal. Retrieved March 24, 2011.
External links
- Introduction of Going Broke by Degree: Why College Costs Too Much
- Full text of The Wal-Mart Revolution
- Appearances on C-SPAN
- "Richard K. Vedder". JSTOR.
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