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Once a society gets too prosperous, the highest-paying jobs end up in fields like finance and law, far outpacing science and engineering. That's one reason for
by lsemel 18y ago
Once a society gets too prosperous, the highest-paying jobs end up in fields like finance and law, far outpacing science and engineering. That's one reason for the decline in science -- the return on learning hard material is higher in other fields.
Also, you have a greater number of kids growing up in already-prosperous families, who don't perceive the need to become prosperous themselves, and so don't pursue higher-paying fields like finance, law, science or engineering.
- Radix 18y agoI'm reminded of an article which referenced Japanese fan-mangas. They're technically illegal in Japan, but the industry does very little to cut them down. When the author asked a lawyer in Japan why this was he was told there just weren't enough lawyers. To that end, we should coerce the government into changing laws that structure insurance and tax systems to be simple enough to reduce the demand for finance and law... ...I just can't decide how one would go about changing the insurance system, or what would be done if the new system required fewer jobs.