Lysander Spooner University will be offering a one-day course on “How Government Harms the Poor” at the Manhattan, Montana Potato Festival on Saturday, August 15. Tuition is free; the exam is $5. Find us at the Libertarian Party table at the Festival.
Every government measure aimed at helping the poor actually harms the poor. Consider the government’s support for higher education. Government-subsidized universities, combined with the federal Student Loan Program (which greatly increases demand without increasing supply, causing prices to rise), have caused tuition prices to skyrocket over the past 30 years.
As Professor Paul F. Campos writes, “If over the past three decades car prices had gone up as fast as tuition, the average new car would cost more than $80,000.”