Monday, May 09, 2011

True About Education Reform, Too

Krugman:

I’ve noted before that these days policy orthodoxy seems, all too often, to be derived from highly heterodox models — or to put it more clearly, perhaps, the “radicals” are people like me who basically want to apply texbook macro, while Very Serious People are seizing on all sort of odd ideas about expansionary austerity and such to justify their views.

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