Education vs. money management

posted by
March 1, 2011
EconLog
by Arnold Kling  
Posted in Commentary

"(E) One way to improve education would be to get rid of the bottom 10 percent of teachers and to try to replicate more widely the techniques used by the top 10 percent of teachers. (F) One way to improve financial markets would be to get rid of the bottom 10 percent of money managers and to try to replicate more widely the techniques used by the top 10 percent of money managers. What is interesting is that I know many economists who believe (E), although they may be skeptical that the best teaching can be replicated. However, I do not know any economists who believe (F)." (03/01/11)

http://econlog.econlib.org/archives/2011/03/education_vs_mo.html  

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