DO YOU WANTto give greater economic opportunities to more Americans? Then education is not the way to do it, Paul Krugman writes in the New York Times. It's one of the more incredible and demonstrably untrue assertions he has made so far this year, and that's saying something.

Follow the link. I'm convinced by the data, but I suspect there's a nugget of truth to Krugman's basic claim. The "educrats" have so cheapened a college degree that it has about the same worth as my 1962 high school diploma.

For a contrary view, see here.