2 ms·
So giving a large swath of your population more education doesn't magically stimulate economic growth. Hm, where have we seen this pattern before?
by kenster07 13y ago
So giving a large swath of your population more education doesn't magically stimulate economic growth. Hm, where have we seen this pattern before?
- chii 13y agothe state should be funding huge R&D projects with these educated individuals, instead of priming them for "work in the industry". Think hardcore nuclear research to find methods for fusion, or better energy production. Think genetics research, think materials sciences and more efficient chemical processes, think hardcore robotics. With this goal in mind, the education system should be taylored for basic sciences, and not on "practical" skills that could be learnt on the job. This would naturally gravitate the ciruculum towards teaching creativity, problem solving, not knowledge aquisition. TLDR; i think they've been doing it all wrong, and wasted the time "educating" these now jobless people.
- dredmorbius 13y agoR&D also has diminishing returns to scale. It may well also _lag_ rather than _lead_ economic growth. See Joseph Tainter and Nicholas Rescher. http://onlinelibrary.wiley.com/doi/10.1002/sres.1057/abstract http://onlinelibrary.wiley.com/doi/10.1002/sres.1057/abstrac... For the Chinese: much of what they need has already been invented elsewhere (so IP appropriation _is_ a highly rational activity). They need to be able to apply it. Their bigger problem is going to be in providing energy, cleaning up pollution, and assuring other resources (water is also becoming very highly constrained in China) for a very large population. One that's much _less_ large than it could have been, but large all the same.