The Economic and Cultural Divide in America

For most of the last century, wages in poorer parts of America rose faster than wages in richer places, as inventions were put to work in the hinterlands. After Henry Ford invented the Model T, for example, workers on assembly lines all over the Midwest built it. Now it’s just the opposite. Bright young people from all over America, typically with college degrees, are streaming into the talent hubs of America—where the sum of their capacities is far greater than they’d be separately. The in...

 People Don't Need Advanced Degrees

Forty-five percent of people who go to college, four year colleges, don't get a bachelors degree within six years. Those people often have met with disappointment and their investment isn't particularly good, necessarily. Another group of people graduate from college and then have trouble getting jobs and end up taking jobs for which a college education is not really a prerequisite. Twelve percent of the male carriers in the United States today have college degrees. And I have nothing against...