An Egg-Head Economy
It Was Not

"There is sharply divided sentiment on [the subject of education]. One faction holds that a costly 'overproduction of brains' has contributed to our [economic] plight, while the opposition reasons that any curtailment in educational expenditure would be 'false economy' and that only from the best minds will come our economic salvation".

Yet, regardless of the degradation of the Great Depression, the United States was still an enormously wealthy nation...

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The Case against College: Why Everything You Have Been Taught about College is Wrong