Sunday, November 04, 2012

Clayton Christensen on Education

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."