Punkonomics (@DearBalak)

Hmmm. Sounds familiar to most of us in the education industrial complex (except the idiots who buy this sort of crap about “leaders” and “job creators” being good at anything but grift) >:/

Another great article by the inimitable Yves Smith from Naked Capitalism:

NYU Administrators Create Student Debt Slaves to Subsidize Summer Homes, Ginormous Pensions « naked capitalism.