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Economics

The Economics of Education

An interview with Michael Podgursky, Professor of Economics

Nothing will get a labor economist’s mental gears turning like the word “shortage.” At the very utterance of this term, Michael Podgursky’s ears perk up, his eyebrow rises, and he leans over his desk: “What do you mean by shortages?” It’s not that Podgursky isn’t accustomed to hearing the word—quite the contrary, actually. As a professor of Economics at MU, his query results from extensive research on education, a field that has fallen victim on numerous occasions to accusations of “shortages.”

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