Which Comes First: Good Governance or Development?

by Edvin Arnby Machata This article was originally published by Institute for Advanced Development Studies with spelling of the author’s name corrected in this update. The international development community has for almost two decades focused on improving governance as a strategic priority for aiding economic growth. This article points to the historical record and argues …

Screwing the American Economy by Screwing Its Young

Written by Steven Hansen The inordinate growth of student loans – and its effect on the economy – is killing consumption (autos) and the housing sector.  This is no short term dynamic, but will effect the economy for decades. [click on image to enlarge]

Are High College Costs Redistributive?

by Mike Konczal, Next New Deal Aaron Bady has a fantastic piece on the boosters who argue that MOOCs and other forms of online education will fundamentally transform higher education, addressed as a response to Clay Shirky. There’s a few important moves to watch when people make this line of argument. Many who prize the …

Teaching Macroeconomics to Undergraduates in The Post-Crisis Era

How Should Macroeconomics Be Taught to Undergraduates in The Post-Crisis Era? A Concrete Proposal by Wendy Carlin, Voxeu.org Is economic teaching keeping up with the changing economy? This column presents a new way of teaching economics in light of the continuing crises. It argues that if we are to create a better-informed public debate we …

German Students Stayed in School, in US Many Didn’t Finish

by Walter Antoniotti, Managing Our Educational Investment In this article we will focus on education in Germany, the chief competitor to the U.S. for high value added exports. In Germany, “These lower performers leave school [graduate] at 15 with a basic qualification, usually in practical skills.” Others go to their version of a U.S. junior …