Friday, February 21, 2014

Of shareholder profits, leveraged buyouts and "crapification"...

Two recent articles caught my eye and relating to what I call the STEM conundrum.  In a country that has been wringing their hands over a supposed STEM crisis, we find that Facebook - perhaps the ultimate employer of a geeks in the US is switching its focus from development to acquiring sales staff!

Tuesday, February 18, 2014

The feasibility factor - when a wage-mismatch stifles STEM...

In a recent post, Jared Bernstein gave voice to an issue that I have long been concerned about:  the feasibility of many STEM career tracks.  With all the hand-wringing about STEM, the facts surrounding wage stagnation and even depression are being blithely ignored. Everyone is bemoaning the so-called "skills-mismatch" without considering whether the salaries being offered are commensurate or even doable given the required years and cost of training for these careers.  Education is expensive and the "numbers" have to work for people to even bother entering certain career tracks.

Word Saladism: Capitalism - Socialism - Democratic Socialism

As the primaries approach, more and more people are asking questions about the economic models that are being tossed into our daily w...