Speaking Generally

by F.

Tyler Cowen, as usual, makes a good point about education. Of course, he doesn’t mention what the goal of education is. To make money? To develop personally? To take over the world? Certainly, though, cultivating knowledge in a wide variety of areas, including various cultures, is a good bet. But if everyone specializes in generalized knowledge, won’t any advantage from that be competed away?

My own theory, for what it’s worth, is that “position” (right place, right time) will become more and more critical for traditional “success.” I think the days of meritocracy are waning (if they ever were here). Your social network (including a connected family) is probably the biggest determinant of success, and following that, luck. Network, network, network. You can’t score any goals if you’re not on the field.