Monday, March 9, 2015
Anne Warnke, Chapter 6, Question 7
I found the example of 100,000 dropouts vs. graduates to be most interesting because it really isolates the difference an education makes in preparing humans for the future, enabling them with that 'entrepreneurial flair' to succeed, and it makes sense that this comes from education. At the same time, I think it also brings to light one of the biggest struggles America faces in producing high quality human capital. If students, especially of lower classes aren't motivated to learn and succeed, we lose our human capital. I think this passage also shows how the development of large cities came about which is fascinating to me, because it explains that with a large sum of high quality human capital, people flock towards cities. It explains why New York city and L.A. are so huge, because the human capital, entertainers' are so numerous there, and that in part is a mixing of the people being there because the companies are there, and the companies being there because the people are there.
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