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June 2013 Issue [The Anti-Economist]

Education Is Not the Answer

Last spring I sat on a panel convened to discuss the publication of The Occupy Handbook, a collection of essays in which a number of prominent economists addressed issues raised by the Occupy movement, in particular the stagnating wages and rising inequality that have defined our economy for the past generation. On these points the panelists shared the occupiers’ concerns, and our conversation soon turned to how such problems might be remedied. One of the panelists, Raghuram Rajan, of the University of Chicago, suggested that the way to return America to prosperity is to educate more of its citizens.…

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June 2013

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