https://www.theokie.com/chamber-study-shows-importance-economic-impact-of-ok-public-higher-ed/ Politics, Oklahoma Style. Tue, 09 Apr 2013 18:14:45 +0000 hourly 1 https://wordpress.org/?v=6.6.2 https://www.theokie.com/chamber-study-shows-importance-economic-impact-of-ok-public-higher-ed/#comment-7649 Tue, 09 Apr 2013 18:14:45 +0000 http://www.theokie.com/?p=5349#comment-7649 Interesting information, but woefully incomplete if we don’t consider where this money comes from in the first place. As economist Richard Vedder pointed out in analyzing a similar report years ago: If the money extracted from Oklahoma’s highly productive, for-profit private sector and given to the government’s higher education system had been retained by entrepreneurs and investors, it would have had a similar positive impact on job creation. Thus, the net economic impact of taking money from productive citizens in the form of taxes and giving it to higher education is far, far less than what conventional analysis assumes.

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