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

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