The direction of government spending toward the problems of the unemployed allows the unemployed a chance to catch up while the rest of the economy enjoys the indirect effects of government spending. This article identifies, in terms of increased tax revenues, the returns produced by the distributive education program in Arizona. (JK)

The informational needs of the investing public should be met by the public library. Suggestions for specialized investment information services with broad appeal, technical charts, and advisory services which public libraries might consider purchasing. (JS)

Proposals for improving the investment performance of CREF. (IR)

New cash management philosophy enables college to increase short-term investments and reap long-range benefits. (Editor)

A statistical analysis using the social marginal product of labor to estimate the rate of return on investment in education instead of market earnings. (BC)

Outlines how some school districts have used their assets (primarily real estate) to generate income. (IRT)

How one teacher motivated students to learn about the stock market by allowing them to actually invest money. Class discussion covered inexpensive ways to buy stock, choosing securities, and buying and selling stock. Suggestions are offered for adapting this project for use at the secondary level. (TA)

Describes three scenarios for the future workplace: (1) the Wave--high demand for smart products, high degree of connectivity, high ability of intellectual capital to attract financial capital; (2) the Current--high demand and connectivity, low ability to attract capital; and (3) the Wake--low demand and ability to attract, high connectivity. (SK)

Describes how colleges are taking advantage of bargains on fiber-optic lines to build regional computer networks; some envision a national network for academe. (EV)

Advice on college and university endowment investing includes a general recommendation for caution and restraint and specific suggestions for approaching popular economic forecasts and assumptions, incentive fees, risk diversification, foreign options, especially in Europe, and energy investment. (MSE)

Faculty members should consider becoming more involved in the oversight of their personal retirement funds. Both price and inflation risks are best controlled by taking a balanced or diversified approach to investing, with a portfolio based on a predetermined percentage of each type of investment. (MSE)

The stock-market crash of 1987 and its effect on college endowment funds are discussed. An informal survey found the market value of nine college endowments had slipped over the past year. The experiences of several colleges and universities are described. (MLW)

Tuition prepayment is not a panacea for rising college costs. States are treating symptoms and not causes through such programs. Rather than adopting prepayment plans wholesale, state governments need to determine whether the risk to the state and institutions is justifiable by thoroughly analyzing the program's viability. (MSE)