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A quick look at Bloomberg News's opinion section

February 20, 2014For more, visit
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HARVARD: "Harvard, Yale and Princeton universities all have almost $2 million in endowment funds for every student," Richard K. Vedder writes. "These endowments are of dubious value and can be attacked on two grounds. First, they promote inefficiency through misallocation of resources. Second, they are anti-meritocratic."
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MINIMUM WAGE: "The Congressional Budget Office's report on the effects of a higher minimum wage has caused gnashing of teeth on the left." Clive Crook: "I'd say the CBO deserves to be congratulated, as usual, for a thorough and balanced reading of the evidence."
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WIFI: In the U.S., "no matter where you look, the flow of information -- whether it's downloads of hit films or signal capacity that might make auto travel safer -- seems to be getting choked by a lack of high-speed data connectivity," Matthew C. Klein writes. "That won't change unless new investment becomes more profitable or the government intervenes by expanding capacity directly."
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WHAT OUR WRITERS ARE READING:

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Jonathan Bernstein

- Joshua Tucker: "What you need to know about Ukraine":
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- House retirements in this cycle are ... average:
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- Some good points on race and justice in the U.S. from Jamelle Bouie:
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Matt Levine

- You should really work at Goldman Sachs:
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- Or at the following Danish banks:
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- What's Argentina up to?:
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Leonid Bershidsky

- Ukrainians break truce; West steps up mediation efforts:
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- Air France restructuring leads to operating profit:
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- French banks return to form in 2013:
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SHARE THE VIEW

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