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>> Instead they want extra-market forces (political programs to push workers into STEM training) > That is such a weird way to phrase it. Every industry always
by barry-cotter 8y ago
>> Instead they want extra-market forces (political programs to push workers into STEM training)
> That is such a weird way to phrase it. Every industry always tries to market itself to kids and students as a great career option. I'm not worried about the fact that companies in IT want more kids to go into IT.
Well if you wanted to work in science without insane competition and crap wasted that was possible in the US until industrial policy made supply of scientific labour high and wages cheap. Sometimes employers get what they want.
https://www.ineteconomics.org/perspectives/blog/how-why-government-universities-industry-create-domestic-labor-shortages-of-scientists-high-tech-workers https://www.ineteconomics.org/perspectives/blog/how-why-gove...
- macspoofing 8y agoYou do realize the glut of PhDs is a global problem, not something confined to United States policy. The article you cited is too much of a conspiracy theory for me to take seriously (Eric Weinstein is fun to read and listen to but he's crazy, and I wouldn't put any stock in his social commentary). Nobody orchestrated a secret plan to lower wages for science majors.