Justin Fox, Columnist

Blame the SAT for Donald Trump

What if a test meant to open up universities instead divided America into rival classes?

November 17, 2016 at 7:52 PM UTC

Justin Fox is a Bloomberg Opinion columnist covering business, economics and other topics involving charts. A former editorial director of the Harvard Business Review, he is author of “The Myth of the Rational Market.”

Keeping it 1600.
Photographer: Joe Raedle/Getty Images

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In 1960, four labor economists with a grant from the Ford Foundation, peering into the future of what they called “industrialism,” predicted that modern economies would be transformed by education:

And, a few paragraphs further along in the economists’ book, “Industrialism and Industrial Man”: