Most Lawmakers Don’t Have Economic Education
As Congress works on one of the most important pieces of economic legislation in a generation, a Washington research group has pointed out that more than 8 in 10 members of Congress don't have a formal educational background in the business, economics, or finance fields.
"It's interesting that those who are responsible for solving the biggest economic crisis in generations don't have the educational background to know the difference between commercial paper and copy machine paper."
A new economic model of AI and automation
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Here is but one part of the results: Given complementarity between the two
sectors, the marginal returns to intelligence saturate, no matter how fast
AI ...
1 hour ago
1 comment:
I'm going to guess that 8 in 10 congressmen don't have formal background in the fields of medicine or ethics, and yet they are asked to vote on abortion and euthanasia.
This is the nature of our government, like it or lump it.
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