Source: Maybe We’ve Been Thinking About the Productivity Slump All Wrong – The New York Times Here is what I wrote To paraphrase a politician, “It’s the education, stupid.” But, don’t we have the greatest universities in the world? Yes, but that doesn’t mean that those universities are doing anything to broadly disseminate knowledge. Our […]
Maybe We’ve Been Thinking About the Productivity Slump All Wrong – The New York Times Me: You Betcha
July 26, 2017 by
“Evidence That Robots Are Winning the Race for American Jobs” (NYT) But Here is Why, and They Shouldn’t
March 29, 2017 by
Making America Great Again Isn’t Just About Money and Power – The New York Times
January 15, 2017 by
No, it’s about education. Here is my comment. Op-Eds like this are insightful, well thought out, and well argued, but – and it’s a gigantic “but”, with a gigantically hard solution – what proportion of today’s voters will ever hear this argument, or even understand it if they did? And why? Let’s skip the obvious […]
Why Is Productivity So Weak? Three Theories That Miss The Mark. My Advice? Read Piketty.
April 29, 2016 by
The rate of economic output is not increasing much. Or is there work below the surface that will pay big dividends in the future? Source: Why Is Productivity So Weak? Three Theories – The New York Times The answer if obvious. Here is how to see it. First, do a search for “diffusion of knowledge” […]
Donald Trump Isn’t Alone in Exploiting the Word ‘University’
March 21, 2016 by
Students have been taught to trust places called universities, even though few of them actually are. Source: Donald Trump Isn’t Alone in Exploiting the Word ‘University’ Mr. Carey has nailed it when it comes to how some institutions exploit the public trust, but he missed the most important institutions. Let me explain. I spent three […]
Student Debt Is Worse Than You Think – The New York Times
October 8, 2015 by
Why Pretend?
October 7, 2015 by
Data on non-repayment rates shows a new dimension of the problem, particularly with for-profit colleges and historically black institutions. Source: Student Debt Is Worse Than You Think – The New York Times I had to take the opportunity to comment that “The Academic-Financial Complex runs what I call a “pass-through” scheme. I understand the academic part well […]
How to Measure a College’s Value
September 13, 2015 by
An ambitious survey finds that brand matters less than other factors in graduates’ future contentment. Source: How to Measure a College’s Value My comment. (In reply to Outside the Box, who wrote that The study does not adjust for the fact that different kinds of students go to different colleges. “You probably make a good […]
Why Students With Smallest Debts Have the Larger Problem – The New York Times
September 1, 2015 by
Source: Why Students With Smallest Debts Have the Larger Problem – The New York Times Everyone seems to be looking everywhere but right in front of their nose. By that, I don’t mean that every problem isn’t important, I just mean that there is an elephant in the room that most people are ignoring. Here […]
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