manofjustice wrote: dingbat wrote:
manofjustice wrote:To the second bolded: Yale is a great school. Congrats.
To the first and third bolded: I'll tell you exactly why I am arguing with you, even though you are "not really defending the schools." I'm not mad. If you're "not really defending the schools," that's great.
But, fly with me to 30,000 feet of abstraction for a moment if you will. When you say "they've [the law schools have] chosen to make [some rather benign and facially minimally reasonable expenditures]" instead of keeping tuition low, you imply, or suggest, or insinuate, or otherwise give aid and comfort to, the idea DingBat and others repeat, that somehow the cost of tuition at any law school is no market failure but a market reality--because choice is the essence of the market. But with the crisis in the legal hiring market so grave, it is so essential that we ascribe to the rise in law school tuition a market failure.
Paradoxically, for people who don't really believe in the free market, this is harder to do. For people who do believe in the free market, it's quite easy to see how such a steadily increasing real cost of the same thing over time is obviously the failure of the model efficiency that is the dream of Adam Smith.
dingbat wrote:^please stop talking^
Cute. I know I am making sense when DingBat...does what DingBat does...
No, there's just a lot wrong with your argument. You keep throwing out terms incorrectly.
Just because a lot of people are making bad decisions doesn't mean there's market failure. I don't support the current system; I think schools charge a lot more than their employment outcomes justify and I think a lot of them should close. But I'm not gonna spout out hyperbole and spew forth clever sounding terms inappropriately.
You could argue about oligopoly or market distortion or disproportionate bargaining power, but not "market failure" or whatever term you were using on the last page. You can't use a term in an "unorthodox" manner, if it is a completely incorrect use of the term.
I understand you have an issue with law schools. It's a fair point. But don't make shit up, spit out terms you don't understand, drivel incoherently and expect people to go "yeah, great argument". That's Dean Mitchell's job