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It's possible that a society of educated people is likely to be more cultured and scientific-minded than one of non-graduates, and this should have positive externalities in the form of better political discourse and higher culture. There is, however, little evidence of this in practice.
Economics writer16 articles | View profile
The retrospective nature of volatility can induce a false sense of security - http://t.co/HKmtyk0eCq
The Rise and Fall of Piketty Critiques - by @UnlearningEcon http://t.co/FrCfn0vcCq
On the inevitability of war between the West and the Islamic State - by @azizonomics http://t.co/0YXrgxEn0i
This week's Newsletter is live: Italian Tragedy - http://t.co/YGhUnz6lkP
How worried should you be that hedge funds appear so reluctant to short? - http://t.co/ZKym7cBXRe