Krugman: Degrees and Dollars

In case you missed it, Paul Krugman had an excellent piece in the NY Times last week. It reminds me of Bracey, a voice we dearly miss these days. Here's the intro - do read the whole piece:

It is a truth universally acknowledged that education is the key to economic success. Everyone knows that the jobs of the future will require ever higher levels of skill. That’s why, in an appearance Friday with former Florida Gov. Jeb Bush, President Obama declared that “If we want more good news on the jobs front then we’ve got to make more investments in education.”

But what everyone knows is wrong.

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