Saturday, February 23, 2013

Talent Mercantilists Running Amok In Michigan

Talent Mercantilists Running Amok In Michigan [Michigan Capitol Confidential]
"The basic theory of talent mercantilism is that adding college graduates leads to faster growth.
While it’s true that college graduates have higher incomes than those who are not, you can track the states that are successful at growing their college graduates and those that are successful at growing their economies. 
It turns out that one has very little to do with the other, as I show here."

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