I dont know if you are serious, but whats the correlation between this and being "money smart"?
It's been on my mind for a while, but here's something from Matthew Yglesias (Policy guy in DC)
He's talking about how messed up dentists are, and how predatory that world is (which parallels medical industry, but it's far less regulated), but here's the kicker...
And, of course, dentists are scattered all across the country, not clustered in superstar metro areas. Yet it’s still professional training for college graduates; it’s not in the bucket of low-education rich guy fields like owning a car dealership.
Low Education - Rich Guy....hmmm
So this tweet came up today and I posted it here.
Either Tyler Cowen (Rt wing - Professor at GMU) or Yves @ Naked Capitalism (Left wing/former banker/Reformed Capitalist) posted this. (It would work for both camps, as both the right and the left have a dim view of average and below average people - until it serves their political purposes)
At the aggregate level - if all of those literate and educated POPULATIONS don't have the money and power the US - what's the point of all of that literacy.
All that knowledge isn't translating into MONEY/Per Capita Income, isn't translating into geo-political power.
Which means, all that money that's spent on education is money that's been misspent. Especially when in most of these places (China and India especially), you have to know someone to get a job.
If the meritocracy isn't real, why do we keep promoting it?
learnenglish.britishcouncil.org
