7 de fevereiro de 2012

Bottom 5 percent of economists face dismissal — unbelievable report


Posted at 06:00 AM ET, 02/06/2012

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Plenty of school reformers say that if 5 to 10 percent of teachers in the United States are fired each year, then U.S. standardized test scores would compete with the top-achieving nations. It’s not true, but that doesn’t stop them from saying it. Well, now we learn that teachers are no longer the only professionals who are being targeted for wholesale firing.
Here’s the lead “story” from the new spring edition of a satirical Onion-esque publication designed for those of us who religiously follow education policy and choose to laugh rather than cry about it. The publication is called Education Tweak and it’s anonymously authored and published. The latest issue is the 20th; this and all the back issues are available at edtweak.com.
By Education Tweak
Responding to the crisis of failed policy recommendations from the nation’s economists, a consortium of colleges, universities and think tanks have agreed to annually fire the bottom 5 percent.
“If there’s one thing we know, it’s that economists are the most important factor in the success of our nation’s lawmakers,” explained Mary Barth, the consortium’s leader. “We can no longer simply ignore the bad economists. The stakes are too high.”
Barth acknowledged that year-to-year changes in policy are influenced by overall conditions in the nation as well as lawmakers’ own background and context. “Those are things we don’t have control over,” she explained. “And we won’t let the defenders of the status quo point to those other factors as a way to make excuses for the bad economists.”
By focusing on the quality of economists, the consortium contends that it can gradually but surely develop one of the finest policy analyst corps in the world. Even if those who are fired are replaced by only mediocre economists, the overall level of advice should substantially increase after just a few years.
“Research has shown that a lawmaker who receives just three years of advice from a low performing economist will muck up a substantially greater amount of policy than his colleague who receives advice from just an average economist,” said Barth.
Nevertheless, the Union of American Economists is opposing the consortium’s improvement efforts, denouncing the new policy as unfair to its members.
“This policy creates perverse incentives for economists, pushing them to focus on policy areas with less need, that are likely to see improvement even if it’s due to factors far beyond the scope of the economists’ advice,” said UAE director John Kyle. “The most challenging policy areas will be left only to those economists with no other options.”
Kyle also warned that the policy would cast a pall over the entire profession, with otherwise creative economists becoming unwilling to offer new ideas.
Barth counters that this resistance to accountability is to be expected, and she vows to fight the entrenched interests. Economists, she pointed out, are among the few professionals not judged by their performance.
“The coddling,” she said, “must end.”

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