What makes this piece super interesting is the defense of the curriculum by one Anand Marri, an assistant professor of social studies and education in charge of the project. He rejected the idea that Peterson and his foundation might be using Teachers College to promote an agenda, saying that the point is to get kids to think about multiple perspectives. Marri said the curriculum was a work in progress and acknowledged that that some of the lessons that appeared skewed or lacking important context would be addressed later. When Lardner asked him how that would be done, he replied by adding a fact, changing the sequence of material, or adding a qualifying phrase such as “some economists say.” He would add that phrase to the following passage appearing in the curriculum’s introductory material:
Our existing tax structure and government spending patterns, the rapidly rising cost of the way we deliver health care, and our mandated commitment to provide Medicare for a ‘booming’ population of retirees age 65 and older have put our economy on an unsustainable course.
It’s worth calling out a few of the other “errors of commission and omission,” as Remapping Debate describes them in a separate box accompanying the story. On health care costs, the curriculum often refers to the sharp growth of Medicare and Medicaid spending, but says very little about the same cost inflation in the private health care market. Marri told Lardner that health care policy was too much to take on. That also seems to be the case for a discussion of progressive taxation. The curriculum fails to discuss the historical context for progressive taxation, “nor do the lessons discuss the changes that have made the U.S. tax code significantly less progressive in recent decades.”
Remapping Debate did not note whether the curriculum discussed the effects on families under various proposed solutions. What would cutting Social Security and Medicare mean for the families of students schooled in the curriculum? What happens when Medicare benefits don’t cover their parents’ health care needs? Will those students have to get a job to help cover those costs? What happens when their parents need nursing home care—a lot of it now paid for by Medicaid, which is on the chopping block? If those students will have to assist their parents, then what does that mean for their own finances? If Social Security benefits are to be cut, which is what raising the retirement age would do, that means less income in old age. How does the need to save more to compensate for this shortfall square with rising college costs for their kids and the help their elderly parents will need?
Remapping Debate reported that Teachers College initially asked for $50,000 for a project on personal finance, but the Peterson crew had a bigger project in mind focusing on public finance, and upped the grant to $2.4 million. It seems like Teachers College still might want to consider the personal finance implications of all this. As I learned at Columbia University—the business school, that is—everything in economics is connected to each other.
Click here for more from Trudy Lieberman on Social Security and entitlement reform.

File this under "things we hate when people we dont like do them". .
#1 Posted by Mike H, CJR on Wed 9 Feb 2011 at 01:53 PM
” Lardner argues that it also suggests another danger—“an academic institution inadvertently lending its weight for a big funder’s cause.”
The use of the word inadvertently is itself a softening of the author's analysis of the potential affects of private money in higher education. Though the issue is hardly new which can be demonstrated by tracing the history of the U of Chicago
to its roots in the Rockefeller family of causes.
#2 Posted by Jack, CJR on Wed 9 Feb 2011 at 03:26 PM
It is very sad to note that here again we see the ease with which university teaching staff can be so easily influenced by the grant seeking and earning process. With the increasing disparity in income distribution and the ever increasing freedom from tax responsibility faced by the wealthy an increasing amount of money becomes available for the purpose of influencing the behavior and "knowledge"of others.
#3 Posted by Jack, CJR on Wed 9 Feb 2011 at 03:36 PM
"File this under "things we hate when people we dont like do them". ."
I like it when rich bankers misinform children in order to steal their parents' money and cut their future benefits.
Especially when those benefit cuts pay for more tax cuts for rich bankers.
Hey Trudy, did they drag out David Walker and the old IOUSA doc?
#4 Posted by Thimbles, CJR on Thu 10 Feb 2011 at 12:15 AM
If memory serve, the Columbia School of Journalism has a fellowship in Business Journalism, the Knight-Bagehot Fellowship, which produced two books, the latter being Reporting on Business.
While there's nothing wrong with giving a fellowship for any particular course of study, I would like to know when there will be a similar fellowship for the study of labor,labor unions, with a similarly well financed anthology.
#5 Posted by David Reno, CJR on Fri 11 Feb 2011 at 03:22 PM