Newspaper Articles – Kathryn Shelton and Richard B. McKenzie

Why Student Loans Have Grown Into a Policy Debacle

Since 1965 Congress has provided more and more students with subsidized loans to finance their college educations, all with the best of political intentions.

Food Stamps and Fungibility of Money Lead to Unintended Outcomes

Members of Congress have locked political horns over the dramatic growth in the Supplemental Nutrition Assistance Program (SNAP), known informally as “food stamps.” Federal expenditures on food sta