I agree, except that I hope that the Oecd's over education campaign can be ignored as safely as all the previous complaints at over education.
‘Here lies the mistake. The greatest problem in economics is not disengagement from reality. The problem is the exact opposite: economists fall so much in love with the neatness and internal logic of their theories that they try to force reality to resemble their economic models. The original sin of economics consists of economists changing laws and regulations to ensure that real markets act like the imagined markets of their models. This is the exact problem Hayek warns us against in “The Meaning of Competition.”3’
P 160
Breznitz, Dan (2021). Innovation in real places: Strategies for prosperity in an unforgiving world. Oxford University Press, https://academic.oup.com/book/39614
I agree, except that I hope that the Oecd's over education campaign can be ignored as safely as all the previous complaints at over education.
‘Here lies the mistake. The greatest problem in economics is not disengagement from reality. The problem is the exact opposite: economists fall so much in love with the neatness and internal logic of their theories that they try to force reality to resemble their economic models. The original sin of economics consists of economists changing laws and regulations to ensure that real markets act like the imagined markets of their models. This is the exact problem Hayek warns us against in “The Meaning of Competition.”3’
P 160
Breznitz, Dan (2021). Innovation in real places: Strategies for prosperity in an unforgiving world. Oxford University Press, https://academic.oup.com/book/39614
Do you mean 'Schiller'?