The Unbundling Question

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E, i want to get to this unbundling question because i have some ideas i want to bounce off you. But the you allow us to think about the unbundling by suggesting there are really four buildings on campus that capture different aspects of college life. Talk about those and no, and then we'll talk about, you know, how, whether they can be unbundled or not. E, it's a nice pring back to the topic at hand. I've becomein reasingly interested in this question of whether the fo precision,. the faked precision of economic theory, in predicting, say, what prices should be, or in measuring social welfare or individual well being

In this c750th (!) episode, Duke University's Michael Munger talks with EconTalk host Russ Roberts about whether the pandemic might create an opportunity for colleges and universities to experiment and innovate. Munger is Professor of Political Science, Economics and Public Policy at Duke. He believes "top" schools can emerge from the current period of uncertainty to thrive in the long run. The path for "second-tier" institutions could be more difficult. They will still face the challenges that existed before the pandemic: competition from online classes and a shrinking pool of new applicants ready to pay high tuition bills.