November 21, 2024

10 thoughts on “Professor: Abolish the Ivy League to Reduce Income Inequality

  1. Described as “the Harvard of Washington [D.C.]’s private schools”, Sidwell Friends School has educated children of notable politicians, including those of several presidents.

    Has anyone mentioned in Professor Reynolds’ letter sent their own children to Sidwell? Look here:

    https://en.wikipedia.org/wiki/Sidwell_Friends_School#Notable_parents

    Then look down the list for Robert Reich. While you’re viewing the Wikipedia page, note also the list of Sidwell’s famous alumni. One might be familiar. Hint: he’s a “science guy”.

    How much does it currently cost to attend Sidwell Friends School?

    http://www.sidwell.edu/admissions/tuition-and-fees/index.aspx

    When describing Sidwell Friends School, ‘elite’ is an understatement, Secretary Reich. By quoting Reich, of all people, in his letter, Professor Reynolds exposes his hypocrisy. In other news, the sun rose today.

  2. KtB,

    Please specify what “degree” of inequality would be, according to your standard, below the threshold of “incredible”.

    Stated more simply, please define what level of inequality would be tolerable to you.

    Be precise, so there is no uncertainty. Thank you.

    1. I can answer that one. ANY level of income inequality is tolerable so long as the barriers to movement between the economic strata are not impervious against, ambition, effort, capability and even a little luck. Which brings up one of Thomas Sowell’s points about the myth of the permanent underclass. Historically, most of us move up and down through income quintiles over our lifetime. Now if we can only get the redistributionists from trying to create that permanent underclass, things will be peachy.

    2. Maybe not “incredible” because there is historical precedent for such a thing, but a degree of inequality so great that one (or both) of the extremes desires to “eat” the other probably suffices to alarm KtB.

  3. Sidwell Friends School tuition comes directly out of the parents pocket…. You directly work for it whether you’re a plumbing contractor or a politician. How is this relevant when talking about University endowments other than to discredit Reich as someone quoted in the original article, thereby rendering that article flawed. Excellent debate technique. Change the focus, drop the bomb, discredit the writer. Nice. Solves nothing but gives a glimpse into the very elitism that Professor Reynolds was referencing.

  4. Boilerplate liberal hypocrisy demands redistribution of wealth, and now of university endowments. Former Labor Secretary Robert Reich should have given away the money out of his pocket that he had saved for his children’s private school tuition, so that less fortunate parents in Washington D.C. could send their underprivileged children to private schools. And 20% of all his book royalties should fund struggling authors’ living expenses, so they would not have to hold down jobs, unless they wanted to.

    Naturally Mr. Reich would decline such voluntary generosity, because he directly worked for it. He would rather serve as Administrator of a government agency that dictated new redistributionary regulations as well as the forced liquidation of some private universities.

    Quoted from Mr. Reich’s blog dated August 31, 2015. Please note that he purposely left out ‘copyrights’:

    Instead of shortening the patent period, how about giving every citizen a share of the profits from all patents and trademarks government protects? It would be a condition for receiving such protection.

    Say, for example, 20 percent of all such profits were split equally among all citizens, starting the month they turn eighteen.

    In effect, this would be a basic minimum income for everyone.

    The sum would be enough to ensure everyone a minimally decent standard of living – including money to buy the technologies that would free them up from the necessity of working.

    Anyone wishing to supplement their basic minimum could of course choose to work

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