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#137 The Rise of the Economists

Jun 2, 2022
Beth Popp Berman, an Associate Professor of Sociology at the University of Michigan and author of "Thinking Like an Economist," discusses the rise of economic reasoning in U.S. public policy since the 1960s. She delves into how concepts like competition and efficiency have reshaped the Democratic party’s approach to inequality and education. Berman contrasts the rigid economic framework of Democrats with the Republicans' flexibility, highlighting the implications on education policy and community engagement.
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INSIGHT

Rise of Economic Reasoning

  • Economic reasoning, emphasizing efficiency and trade-offs, grew in US policy between the 1960s and 1980s.
  • This seemingly neutral approach, focusing on incentives and cost-benefit analysis, shaped how problems were defined.
INSIGHT

Education's Delayed Adoption

  • Economic reasoning permeated policy areas like welfare and health but was slower to impact education.
  • Attempts to apply it to education in the 1960s faced political obstacles and timing issues.
ANECDOTE

Education as Human Capital

  • The US lacks a federal right to education, unlike many nations that recognize it as a human right.
  • The US focused on education's human capital value and economic efficiency, not its inherent value.
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