You Can't Learn Your Way Out

I enjoy reading The Decembrist a lot. Mark Schmitt doesn't post to this (his own) often, but he's a deep thnker.

The "BS Human Capital Story" is about the possibility of educating people - increasing human capital - as a solution to the employment problems our country is facing.

Quick take:

The “Human Capital Story” isn’t an answer today because it’s not really possible to move people across these two labor markets that are pulling away from each other. There isn’t enough of a middle to train people up into, and the medium-skilled are going to have a hard time moving in to the highly-skilled elite.

He also offers a few solutions. It's not long, and it's worth a read.

Where Am I?

This page contains a single entry from the blog posted on April 6, 2006.

The previous post in this blog was Then They Came For the Bottled Water Drinkers!.

The next post in this blog is Friday Random 10.

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