2/ While data do show STEM degrees have better ROI, even doctors, lawyers and engineers can end up in deep shit by making ONE bad decision
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Replying to @vgr
3/ It takes a decade of experimenting and trial-and-error today to find your "product-market-fit" in the economy
1 reply 19 retweets 46 likes -
Replying to @vgr
4/ In a creative-class dominant economy, you can't invest in humans like pieces of equipment for which you're predicting demand 40 years out
1 reply 19 retweets 53 likes -
Replying to @vgr
5/ Both neoliberalism, progressivism share a single existential concern today: investing effectively in humans. Both respond with hypocrisy
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Replying to @vgr
6/ College education choices are where these two hypocrisies meet, creating a perfect storm of stupidity
1 reply 8 retweets 20 likes -
Replying to @vgr
7/ The conceit of neoliberalism is that 19-year-olds can place error-free 40-year bets and deserve only debt-funding, bearing all the risk
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Replying to @vgr
8/ The conceit of progressivism is that education choices are human-dignity affirmations for which societies should shoulder all risk
1 reply 22 retweets 39 likes -
Replying to @vgr
9/ What when this thing melts down? Neoliberals will want the banks bailed out and the debtors abandoned. Progressives will want a jubilee.
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Replying to @vgr
10/ Post-secondary education should be managed as equity rather than debt, with risk distributed across individuals, institutions, society
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Replying to @vgr
11/ Every human should be considered a startup of unknown future economic value at 14, not a priori a net asset or liability in NPV terms
2 replies 12 retweets 44 likes
12/ This will of course be wrong at the margins. Prior odds for/against certain people becoming net assets/liabilities may be huge
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Replying to @vgr
13/ Safety net should be designed with "good" failure in mind for 10-15 trial-and-error pivot opps btwn 14-30. Current: all failure is bad
1 reply 7 retweets 24 likes -
Replying to @vgr
14/ Biggest point of contention in system design: is "dignity" (as opposed to food, shelter, healthcare) a safety net variable?
3 replies 3 retweets 18 likes - Show replies
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