Progress as Opportunity
Director, National Economic Council
According to Larry Summers, progress is access to opportunity for ever more people.
November 19, 2007 | In Business & Economics
Director, National Economic Council
According to Larry Summers, progress is access to opportunity for ever more people.
November 19, 2007 | In Business & Economics
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Discuss
Shrivatsa Pendakur on January 18, 2008, 3:58 PM
Market is an inefficient concept. Market steers unorganized progress which leads to opportunity, but market also has equal power to advance this progress to decrease opportunity.
Shrivatsa Pendakur on January 18, 2008, 8:58 PM
Market is an inefficient concept. Market steers unorganized progress which leads to opportunity, but market also has equal power to advance this progress to decrease opportunity.
Jacoline Loewen on February 29, 2008, 2:53 PM
When I lived in a Northern mining town on the border of Alaska, the people in the community had access to TV, great education at the local school, Pong computer games, etc. They also made fantastic salaries due to isolation pay for working in a snow bound town.
What I came to learn was that the majority of these mining folk did not want to pick up a book, take a developmental course on how to invest, discuss politics or even explore the gorgeous environment around them. I don't want to generalize but it did surprise me how many wanted to just smoke dope and do the other activities seen in Hollywood teen movies.
I remember one of my University of Toronto professor friends telling me that if only the Northern people has money to come to university that this would make more attend and grow. I was stunned and realized that she had perhaps not realized the diverse motivations of people. Education is not as embraced as we might hope.
Jacoline Loewen on February 29, 2008, 7:53 PM
When I lived in a Northern mining town on the border of Alaska, the people in the community had access to TV, great education at the local school, Pong computer games, etc. They also made fantastic salaries due to isolation pay for working in a snow bound town.
What I came to learn was that the majority of these mining folk did not want to pick up a book, take a developmental course on how to invest, discuss politics or even explore the gorgeous environment around them. I don’t want to generalize but it did surprise me how many wanted to just smoke dope and do the other activities seen in Hollywood teen movies.
I remember one of my University of Toronto professor friends telling me that if only the Northern people has money to come to university that this would make more attend and grow. I was stunned and realized that she had perhaps not realized the diverse motivations of people. Education is not as embraced as we might hope.
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