About Growth & Justice

  • Growth & Justice is a progressive think tank committed to making Minnesota's economy simultaneously more prosperous and fair. We believe that at a time of deep partisan division, Minnesotans can unite around one goal: a strong and growing state economy that provides a decent standard of living for all.

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July 30, 2008

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tom abeles

correlation is not causative. The cargo cults who built "runways" did not get the goods that they saw when the army built runways for their planes in the South Pacific. Similarly, a piece of paper signifying a college degree may not produce the same effect for one person that it does for another.

Yes, a well educated populus is critical. But the degree might not be the answer. We see this in the training of doctors, for example, in certain countries where these professionals are driving cabs to feed themselves. Companies are not going overseas just because China and other countries have more college graduates. And US educated foreign professionals don't just return home because they can't get an H-1 in the US- though many choose to stay.

Neo-classical economics with its models may not tell the whole "truth".

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