Friday, January 06, 2012

Nice

A brilliant defense of the liberal arts major by the great Virginia Postrel.

The argument that public policy should herd students into Stem fields is as wrong-headed as the notion that industrial policy should drive investment into manufacturing or “green” industries. It’s just the old technocratic central planning impulse in a new guise. It misses the complexity and diversity of occupations in a modern economy, forgets the dispersed knowledge of aptitudes, preferences and job requirements that makes labor markets work, and ignores the profound uncertainty about what skills will be valuable not just next year but decades in the future.

Pundits are entitled to their hypotheses, of course, and if they’re footing the bill they can experiment on their children. But they shouldn’t try to use the rest of the population as lab mice.


Ouch.

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