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But they say she started off as a nearly untested policy maker trying to solve an economic problem that would have challenged someone with far more experience.
Education is about encouraging success and the raising of aspirations, not the writing off of a generation, which is what this new, untried, untested policy, based on prejudice and untruths, will bring about.
This new and untested policy changed the fundamental nature of bank reserves, which, along with currency in circulation, make up the monetary base.
Repeatedly, they have been forced to resort to untested policy instruments.
The growth of the 'applied research' sector claims to address this, but often restricts output to vague and untested policy and research recommendations, about which there is no evidence of effectiveness [ 99].
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"We'll show the public that money is wasted on untested policies, not hard-working public servants," he said.
It has other tools at its disposal -- but it will be reluctant to try exotic, untested policies unless the economy is clearly facing deflation.
"They say, 'Don't show us broken models; we're looking for a completely different way,' and you see a much greater willingness to experiment with completely untested policies," said a senior executive at a multinational who insisted on anonymity for fear of retaliation by Chinese regulators.
And so the argument goes, crudely speaking: Reformers want to try new things, while traditional educators and unions say trying out untested policies on students would be tantamount to making schoolchildren guinea pigs in an experiment.
Reformers want to try new things, while traditional educators and unions say trying out untested policies on students would be tantamount to making schoolchildren guinea pigs in an experiment.
Meanwhile, the body left with the hugely difficult and controversial task of pricking a future housing bubble is the new, untested financial policy committee (FPC).
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CEO of Professional Science Editing for Scientists @ prosciediting.com