Re:Facebook Says It Is Removing All Content Mentioning 'Stop...
by dredmorbius on Tuesday January 12, 2021 @03:26PM
(#25753026)
And overeducation may itself be a problem:
Elite overproduction, and especially overproduction of the youth with advanced degrees, continues unabated. Our institutions of higher education have been churning out law, MBA, and PhD degrees, many more than could be absorbed by the economy. In a Bloomberg View article published just a few days ago Noah Smith provides the numbers for the overproduction of PhDs (America Is Pumping Out Too Many Ph.D.s https://www.bloomberg.com/opinion/articles/2021-01-04/americ...).
Elite overproduction, and especially overproduction of the youth with advanced degrees, continues unabated. Our institutions of higher education have been churning out law, MBA, and PhD degrees, many more than could be absorbed by the economy. In a Bloomberg View article published just a few days ago Noah Smith provides the numbers for the overproduction of PhDs (America Is Pumping Out Too Many Ph.D.s https://www.bloomberg.com/opinion/articles/2021-01-04/americ...).
http://peterturchin.com/cliodynamica/the-storming-of-the-u-s...