Education: A Rotten Foundation for a Crumbling Life
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January 19, 2013 - 3:09pm
Written by John Lounsbury
An article four weeks ago by Steven Hansen and a resulting comment exchange on that article at Seeking Alpha brought me back to a focus that has recurred to me again and again: Why do so many Americans seem ill equiped to prosper in the 21st century?
There are many reasons for the current slack employment economy. Of course there is a massive debt deleveraging adjustment in the economy. This has inhibited a level of business investment and expansion that occurs in more normal times. And there has been great productivity improvement through automation so fewer people are producing more goods.
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