Posts Tagged ‘human capital’

BTW, despite all the serious problem with the US education system, the fundamental problem is economic. The US still has the best engineers in the world and extremely productive workforce but the jobs are outsourced abroad because multinational corporations find it more profitable to employ cheep low-level slave labor than expensive top-notch US labor. Education is NOT the problem, it’s a (very serious) symptom of the failure of the US political-economy.