Those who’ve been reading this series will recall that I didn’t think much of the “Baumol cost disease” explanation for why college costs are going up, The Washington Post reports.

That’s the theory that says that because you can’t get more productive at standing in front of a class and lecturing, to compete with other sectors where productivity is growing, higher education institutions are going to have to pay faculty ever-higher wages.

I don’t think there’s much evidence that that’s happening. But there’s a kernel of truth there. The way we teach hasn’t really changed in millenia. The best way to...

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