The Sunday, November 4, 2012 issue of the New York Times has an article by the author of The Innovator's Dilemma. On page 3 of the Business Section is "A Capitalist's Dilemma, Whoever Wins on Tuesday" by Clayton M. Christensen. It is a long essay. I believe this is its most interesting comment:
"We
can use capital with abandon now because it is abundant and cheap. But
we can no longer waste education, subsidizing it in fields that offer
few jobs. Optimizing return on capital will generate less growth than
optimizing return on education."
Robert
Sunday, November 04, 2012
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