Wednesday, January 15, 2020

"The Story of How the Language of Scarcity and Individual Investment Became Bipartisan Orthodoxy"

"The neoliberal economists won: education became a commodity, and a large swath of the reshaping of higher education that economists like Buchanan and Devletoglou championed took place. But to their intellectual descendants, the economic disciplining of higher ed has not gone far enough: Federal and state governments still 'waste' precious taxpayer dollars on a dysfunctional and possibly even pointless enterprise structured around 'bad incentives,' clinging to economically 'worthless' subjects, and defined by the charade-like pretense of learning."

David Sessions at The Chronicle Review discusses Bryan Caplan's The Case Against Education and Jason Brennan and Phillip Magness's Cracks in the Ivory Tower.

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