Econ Grad Schools — Still Cranking Out What the AEA Called “Idiot Savants”

David Colander (pdf):

“The report of the Committee on Graduate Education in Economics [which the AEA does not make available to the public on line] called for a balancing of breadth and depth in the core. That clearly hasn’t happened; the core focuses more on depth, not breadth. The core courses provide little context for . . . → Read More: Econ Grad Schools — Still Cranking Out What the AEA Called “Idiot Savants”

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One of the things I most regret is not having criticized Milton [Friedman's] Essay in Positive Economics, which in a way is quite as dangerous a book [as Keynes' General Theory]. — F. A. Hayek

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