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March 18, 2008
Corrections Spending versus Higher Education Spending in Pennsylvania
Courtesy of Liana Fox at the Economic Policy Institute here is state data on the increase in spending on corrections versus the increase in spending on higher education from 1987 to 2007.
An society that is spending money faster to lock people up that it is to educate them has an economy that is growing more slowly than it could be. Why does that matter? We are all poorer than we would otherwise be.
Via EPI here is the state by state data.
--Mark Price
Posted by Price at March 18, 2008 12:46 PM