The Political Left's Shmoo Theory Of Education

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Doka
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The Political Left's Shmoo Theory Of Education

Post by Doka » 12-31-2016 01:48 PM

Excellent Article........Guess what? The "uneducated" are being taught by majority of leftists , just what do they expect? :shock:



The Political Left's Shmoo Theory Of Education

Uneducated” is the favorite insult and excuse of the political left. In the past year alone, for example, a lack of education among voters has been used to explain each of the left’s electoral failures, as well as to dismiss criticisms of its people, policies, and institutions. These defenses are dubious to say the least. Yet setting aside the strategic choices of left-wing political groups, the obsession with un-education reveals that there are serious problems with the way education is understood by the intellectual classes.

Most importantly, the popular use of the word “education” suffers from the same error as the mainstream economic use of the word “capital.” This shouldn’t be a surprise, given that education is often metaphorically described as “human capital.” The error is that both capital and education are thought of as a kind of “homogeneous blob,” or “shmoo.” A shmoo is elastic and can be molded by the user into any shape necessary, and it’s therefore equally serviceable in all possible uses. Anyone who wants to use it as a production input must simply decide how much to apply to a specific problem.

In reality, of course, capital and education are both highly heterogeneous. The structure of production is extremely delicate and difficult to organize, and so too is the structure of human knowledge.

Unfortunately, this fact escapes those intellectuals who concern themselves with other people’s lack of education: in current discourse, education is a homogeneous good acquired exclusively through obtaining formal degrees. To lack a college degree is to lack education, while the more degrees one acquires, the better educated one is. Importantly, all education is equally serviceable across all areas of expertise. English majors can talk about economics, and physicists can talk about politics. But anyone who isn’t a product of the university education system is barred from participating in these discussions.

http://www.zerohedge.com/news/2016-12-3 ... -education
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If The Shmoo Fits

Post by Riddick » 12-31-2016 04:49 PM

A mind should not be so open that the brains fall out; however, it should not be so closed that whatever gray matter which does reside may not be reached. ART BELL

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The Rise Of The Shmooconomists & The Failure Of Modern Ecomomics Education

Post by Riddick » 12-31-2016 06:23 PM

Most economic higher education today involves spoon-feeding models of the economy, based on unreal assumptions, to students and testing them on their competence in solving mathematical equations. Yet at the same time they are never given the mental tools to grasp the big picture - cut off from the common understanding of how things work, or should work, is it any wonder so many economists don’t have a clue what's really going on?

No branch of human inquiry has cut itself off from the whole more than economics. The result is that the profession can only tell us what is true in its models, not the real world. “The economists,” writes economic historian Robert Skidelsky, “are the idiots savants of our time.” FULL STORY
A mind should not be so open that the brains fall out; however, it should not be so closed that whatever gray matter which does reside may not be reached. ART BELL

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