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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 writer13 articles | View profile
Robert Flood and Miles Kimball on the Status of the Efficient Markets Theory - by @mileskimball http://t.co/cEY5SjDZ1r
Another bid for global expansion suggests M&S has not learned past lessons - http://t.co/ZvOR41sHKU
The Lion, The Horse, & Mass Unemployment - @azizonomics http://t.co/YphvlaEWSQ
This week's Newsletter is live: How Not to Do Macroeconomics - http://t.co/hItAPV8GC8
Robert Shiller: Against the Efficient Markets Theory - by @mileskimball http://t.co/aFtaZnDT38