Category: Economics
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Gary Becker, the Nobel laureate economist at the University of Chicago, has died. Becker is perhaps best known for "human capital" theory, which talks about how one might, for example, come to think of education as an investment in one's future earnings. As the absolute normalcy of a statement like this would suggest, I think…
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My friend Alan Nelson recently posted a link on facebook to the following article: http://www.nytimes.com/2014/03/23/business/economic-view-when-the-scientist-is-also-a-philosopher.html with an appropriately snarky note that the author, N. Gregory Mankiw (the Chair of the econ department at Harvard, natch), seemed to be arguing that the only changes to the status quo permissible are those that are verifiably Perato efficient…
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In comment #9 at this post, Susan makes a kind of canonical case I've heard from lots of assessment people. First, I should say that I agree with 95% of the intended answers to Susan's rhetorical questions. We should be much clearer about what we want our students to get out of their degrees, and…
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In his critique of Posner’s economic analysis of law, the late Ed Baker offers some remarks that might help us to understand current developments in educational policy. Posner defends what we will now recognize as a number of the core commitments of neoliberal policy, in particular the fundamental efficiency of markets and the price mechanism…
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Full disclosure: I met Jeremy Gilbert at a Deleuze conference in Wales in the summer of 2008. He gave an interesting paper on Deleuze, Guattari, and Gramsci and I ended up talking to him at pub. The conversation was one of shared interests that went beyond Deleuze, it was a Deleuze conference after all, to…
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The University of Florida has been given permission to hire "100 faculty members to fill new positions it will create as part of a push to join the nation’s top 10 public research institutions," The Chronicle reports. [HT Pete Boettke] According to the university, the main fields targeted for expansion "are life sciences, massive data,…
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