The High Heel Bubble?
I sincerely hope education is a bubble. If it is a bubble, it will eventually pop, and we will find our way to a global maxima. But I don’t see much reason for optimism. I expect that rather than popping, the education industry will level off at a high level and the world will be stuck in a Nash Equilibrium which is less optimal than where we are now. Our children will all waste 4 years of their life and $100k of our money and educators will become wealthier. It would be great if this could be prevented, but I see little mechanism by which that would occur. (Source)
Posted: April 23rd, 2011
at 3:41pm by mnp
Categories: myninjaplease,too good to be true,business,"ninja",development,education
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