The focus on education as a solution to economic problem is another case of “zombie economics”

Posted: 2015/01/17 by Punkonomics (@dearbalak) in Links/Articles/Video

via Majority of U.S. public school students are in poverty – The Washington Post.

The focus on education as a solution to economic problem is another case of “zombie economics” — ideas long dead that come back to eat our brains. The classic supply-side (supply creates its own demand) applied to labor. People thus say that better or more education will lead to better or more employment. No it won’t. #racket

BTW, check out this great book by John Quiggin:

Zombie Economics

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.