Tuesday, September 23, 2014

Are College Students About to be Taught Soros Economics?

FT reports:
Since the financial crisis, student groups have attacked economics departments for failing to deal with the world’s most pressing social issues, including inequality and global warming. They have also criticised professors’ reluctance to teach a range of economic theories, with courses instead focusing on neoclassical models which they claim do little to explain the 2008 meltdown...

Faculties in London, Paris, New York, Boston, Budapest, Sydney and Bangalore will aim to address these complaints this academic year by road-testing a new syllabus from the CORE project, led by Wendy Carlin, a professor at University College London. The Institute for New Economic Thinking, a research group bankrolled by billionaire George Soros, has spent around $300,000 on the programme so far...

Robert Johnson, INET’s president, said: “There’s a problem that undergraduate courses don’t reflect the research of senior economists. There’s also an issue that the examples that we use in textbooks are often based on US data and institutions and don’t produce much excitement elsewhere, particularly in the emerging economies. We’re trying to address that.”
 Even worse, the president of  The Institute for New Economic Thinking, Robert Johnson, was formerly a Managing Director at Soros Fund Management.

Let's face it. the crony evil bastard Soros has us surrounded. He is working every angle of influence he can.

Meanwhile, many libertarians are backing a guy who rather than attempting to present libertarians ideas, is increasing his polling and analytics team to provide him with direction on what to say.

-RW

2 comments:

  1. The world continues to more closely resemble the world of Atlas Shrugged each day. WTF?

    ReplyDelete
  2. It has already begun on a different forum. The love fest in the comments makes me want to puke.

    http://seekingalpha.com/article/2515985-why-i-agree-with-some-of-friedrich-hayek#comments_header

    ReplyDelete