One would think that the question of whether incentive economics is superior to command economics would have been settled after the implosion of the USSR. It really takes some kind of persuasion from high minded professors to convince people that the US incentive economics was the loser in that battle. Yet here we are. The 'learned' among us want us to believe that command economics won and it was settled long ago by very diligent studies. I'm starting to think that global warming scientists learned how to adjust data from marxist economists.
Studies in all-or-nothing thinking: Regulation: "Oh, the regulation in place didn't solve the problem. Therefore, there should be no regulation." The Fed: "Gosh, the Fed isn't acting exactly how and when I think it should. There should be no Fed." Keynesian economic policy: "What? So-called Keynesianism is being misapplied by self-serving politicians? That means Keynesian theory is flawed. Therefore, there should be no intervention. Talk to the (invisible) hand.
When I first read your post I thought it was from Ricter. They don't get much more obtuse. Why would anyone need to know about macro economics in order to do what is in his/her best interest? the problem with you Keynesians is you blew your wad when times were relatively good. Its one thing for the govt to try push things along when the economy slows and they aren't loaded down with record debt! Its another to try and do it when they are loaded down with record debt and want to pile on more. If he were alive today, Keynes would view what you want to do as economic porn.
Please explain the steps republicans are taking to "do away" with education. Or is this similar to requiring an ID to vote is equivalent to reinstituting slavery?
Would you consider the people at CERN smart or educated? Would you consider the guy running a pizza shop smart? How about the people at NASA? I think you need better terminology.
Yah, right, like those uneducated, smart people that 'conceived' the transistor, the laser, integrated circuits, the compact disc, digital electronics, analog and digital computers, antibiotics, antivirals, HIV protease inhibitors, magnetic recording, the jet engine, the space shuttle, the space station, nuclear fission, nuclear fusion, breeder reactors, oscillator circuits, the oscilloscope, nuclear magnetic resonance spectrometers, electron spin spectrometers, aspherical optics, chemotherapeutic agents, electron microscopy, atomic force microscopes, LEDs, LCDs, nylon, neoprene, kevlar, teflon, polystyrene, polyethylene, saran wrap,acrylic polymers and paints, polypropylene, galvanizing, zinc rich primers, epoxy coatings, urethane foams, carbon fiber, frequency modulation, Fourier transform spectrometry, the ultra centrifuge, radio dating, color photography, color television, digital photography, the lithium ion battery, the polymerase chain reaction, electrophoresis, the ultra centrifuge, scintillation counting, xray, xray crystallography, xray fluorescence spectroscopy, flash photolysis, xray diffraction, ellipsometry, protein synthesizers, nucleic acid synthesizers, nuclear activation analysis, reverse transcriptase, enzymes, pesticides, herbicides, Post it notes, and maybe a couple other things. Yah, you're right, maxipad, who needs an education? All we really need is a bunch of smart, uneducated people like you!
They're starving the public school systems in States with republican governors. They want the public universities to emphasize job training!!! Job training and education are NOT the same thing.