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Download full textSchalin, Jay – John William Pope Center for Higher Education Policy (NJ1), 2010
Does investing taxpayer money in higher education lead to major payoffs in economic growth? State legislators and policy makers say yes. They routinely advocate massive appropriations for university education and research, even in poor economic times, on the grounds that taxpayers will be rewarded many times over. The investment of federal funds…
Descriptors: Higher Education, Educational Finance, State Aid, Financial Support
Peer reviewed
Direct linkHayford, Marc D. – Journal of Economic Education, 2007
The author combines the supply and demand model of taxes with a Cournot model of bribe takers to develop a simple and useful framework for understanding the effect of corruption on economic activity. There are many examples of corruption in both developed and developing countries. Because corruption decreases the level of economic activity and…
Descriptors: Supply and Demand, Microeconomics, Economic Progress, Taxes
