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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: THE ANT who wrote (63518)	5/10/2010 8:19:58 AM
From: TobagoJack	Read Replies (3) \| Respond to of 217791

Message 26524308

To: THE ANT who wrote (63518)	5/10/2010 4:58:40 PM
From: energyplay	3 Recommendations Read Replies (1) \| Respond to of 217791

The US and Canada have a massive advantage in education, both formal academic school based, on the job training, and specific training that occurs in the military, some parts of civil service, and through for profit training companies. There is extensive 'continuing education' which is often mandatory for medical doctors, lawyers and other professionals. About 27% of the over 25 population has a college degree (Bachelor's) in the US. The percentage of the working population is slightly higher. The US has been pushing this education agenda from some time - en.wikipedia.org 1862 and 1890 A big push in the late 1950's early 1960's en.wikipedia.org The results - en.wikipedia.org ^^^^ There is a huge benefit from having clusters of highly trained and experienced people - It means you don't have to know everything to get things done. So don't have to be super smart to accomplish X, I just need to do my little part that adds value, and work with all the other smart people. Like being Ringo Star in the Beatles - a better that average drummer, but not Gene Krupa, Chick Webb, or Buddy Rich. But he made more money and sold more records than all of those drummers put together by being with the Beatles, Brian Epstein (management & PR),and George Martin (record producer). Look at the network effect with the iPhone and the apps business. &&&& There are a number of small countries and places that have better FORMAL education systems - Finland, Singapore, probably Hong Kong, the 'public' schools in the UK (Harrow, Rugby, Eton, etc.) the German vocational apprenticeship system, etc. But not many Large countries. And many of these places operate by sending 1/2 to 85% of the students onto non-academic tracks.Or the countries have a deficit in business formation, cost structure, etc. Europe is not really catching up,they like their hierachical societies. And the only two places with a chance of catching the US near term are China and maybe India longer term. All those 'little emperors' (only children) are getting extensive education and resources.