The Fork in the Road: Adolescence, Education, Economic Fatalism, and Populism with Caroline Hoxby

6/8/2022; 109 minutes

One of the world's leading scholars in the field of education economics, Caroline Hoxby's lectures draw upon economics, neuroscience, and education. She shows that early adolescence is the point at which most people either join the path towards advanced cognitive skills or not. Hoxby argues that, in a highly industrialized economy like that of the United States, it is not unreasonable for people on the non-advanced-cognitive-skills path to exhibit "economic fatalism" — despair at their long-term economic prospects. This may explain patterns in persons' susceptibility to populism and political movements that promise to insulate them from the world economy. Recorded on 04/12/2022. (#37731)

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