Failing in science

The Hidden Economic Carnage in Science and Education

[Via The Scholarly Kitchen]

Economic statistics don’t measure science or training well. Our fields are being hurt inordinately, but the damage isn’t being measured. What will it mean long-term?

[More]

Anyone who thinks things are getting better needs to read this. Because it is often the best trained, most intelligent ones who are being forced to leave. We are beginning to provide much fewer rationales for people to spend so much time becoming well trained and very educated.

Especially if those people are let go because their expertise costs too much money. We already treat airline pilots as bus drivers with some working at regional carriers making $22,000 a year, the poverty line for a family of four.

Because our current system does do really want to pay for expertise.

I love the last paragraphs:

So, the next time you hear that perhaps the recession is lifting, that halcyon days are on the horizon, remember that the numbers being used for those rosy projections are based on items that are easy to measure, slower to grow, of decreasing value, and not vital for future growth.

This could be a lesson in how intangibles become tangible, I’m afraid.

It will be a long time before employment levels are back up to what they were, especially for those with the most training.