Universities, hospitals and houses of worship do not pay property taxes. Can you talk for a minute about that trade off? "People have tons of potential regardless of economic strata" There are strong economic arguments for making larger investments in early childcare," he says.
Enrollment is down for the first time in memory, and critics complain college is too expensive, too elitist, and too politicized. The economist Chris Paxson — who happens to be the president of Brown University — does not agree. (Part 3 of “Freakonomics Radio Goes Back to School.”)