Back To School

Raghuram Rajan wants to extend more credit to create more high-skilled workers. Manzi wants more:

[I:]mproving schools is not going to be close to enough. I believestrongly, for example, that we need a new approach to immigration thatreconceptualizes immigration as recruiting rather than law enforcement.Though it is unfashionable to say it now, we need to figure out how toextend the market revolution to sectors of the economy that remainprotected from it by political power. We have to figure...