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Re:Companies struggling to fill jobs 'should try paying more... by blfr on Thursday November 15, 2018 @08:51AM (#18459187)
No, education will not obviously correct it because education's effects are not only delayed but relatively weak as many abilities are largely determined before the candidate's birth. We know IQ and conscientiousness, probably most important qualities for modern economy, are largely genetic.
Re:Companies struggling to fill jobs 'should try paying more... by ohyes on Thursday November 15, 2018 @09:35AM (#18459479)
If your statement is true (Big if) the obvious thing to do would be to take better care of underserved populations so that you can take advantage of the natural talent in them (make a bigger middle class with all the trappings including education). You can’t tell me middle class white and Asian men as a population have some secret software development gene, for example. Therefore there must be some inefficiency around race, gender or socioeconomic beginnings.

But it also implies that there’s a natural scarcity to the best talent, in which case you will always run out, no matter what you do to expand the field (barring creepy eugenics or cloning programs).

In which case, paying more money makes sense. In fact a pay scale more on par with pro sports salaries would be the most likely outcome.