Sowell: Education and Disparity
By Thomas Sowell January 18, 2012
One of the ways of trying to reduce the vast disparities in economic success, which are common in countries around the world, is by making higher education more widely available, even for people without the money to pay for it.
This can be both a generous investment and a wise investment for a society to make. But, depending on how it is done, it can also be a foolish and even dangerous investment, as many societies around the world have learned the hard way.
But that is not even half the story. In countries around the world, people with credentials but no marketable skills have been a major source of political turmoil, social polarization and ideologically driven violence, sometimes escalating into civil war.
People with degrees in soft subjects, which impart neither skills nor a realistic understanding of the world, have been the driving forces behind many extremist movements with disastrous consequences.
Click here to read the REST of this brilliant piece!