https://pjmedia.com/richardfernandez/2011/02/20/bubbles-bursting/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usWed, 10 Jun 2026 00:22:08 -0400<![CDATA[The common denominator uniting protests in Libya, Bahrain, China, Iran and even Wisconsin is the mundane matter of money. Social policy &#8212; things we wanted and thought we could afford &#8212; whether food subsidies, biofuel manias or higher education bubbles, have created shortages and gluts that cannot now be resolved without changing the underlying policies themselves. In an article entitled, How the Higher-education Bubble Is Fueling Revolts in Tunisia and Egypt, the New American Explains how supply and demand affect the price of everything, even wages for new college graduates.]]>Sun, 20 Feb 2011 15:01:41 -0500<![CDATA[Richard Fernandez]]>https://pjmedia.com/richard-fernandez/2011/02/20/bubbles-bursting-n190356