This article is worth reading for the opening quote alone:
The ideas of economists and political philosophers, both when they are right and when they are wrong are more powerful than is commonly understood. Indeed, the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually slaves of some defunct economist."
― John Maynard Keynes
As Larry Cuiban says, "Economists Krugman, Robert Reich, and others see the prevailing ideas of new technologies powering economic growth and productivity–the theories that have fueled the 'human capital' thrust to school reform for over thirty years–as flawed." All very good, but what replaces it? The prevailing alternatives seem very shallow.
Today: 1 Total: 97 [Direct link] [Share]
