Monday, March 7, 2011

More College Degrees Won't Fix the Economy

Handing out more college degrees won't guarantee jobs growth, according to the brilliant Paul Krugman in today's New York Times.

I also liked this comment:

Increasing the supply of educated workers doesn't increase the demand for them. It just makes them cheaper.

1 comment:

  1. Increasing the supply of educated workers doesn't increase the demand for them. It just makes them cheaper.

    Now Paul, is it helpful to make the over lords even more excited about job slashing?

    At this point I really don't know how kids are going to collage or even why

    and btw, 30 % of Philly jobs are higher learning related.

    It's all domino's ready to go

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