Monday, September 5, 2016

ROE - Return on Education

As the political season heats up, politicians appear to be mired in tactics, symptomatic of lack of vision and strategic intent. A society deserves the politicians they are afforded but increasingly policies that affect the long term health and prosperity of the nation are unlikely to be affected by the appointed leaders, whoever they may be. Some want walls and others Wall street, but neither can lift the spirit and ambitions of 320 million beating hearts across the continent. As space enthusiasts search for extra-terrestrials, technologists build artificially intelligent bots and medical experts seek methods to ameliorate pain and defeat micro-organisms - politicians, caught in a time warp struggle to stay relevant. The younger generation has left them, for they have seen the light at the end of the tunnel, where they could imagine and build a world for the future.

As the blue planet spins and rotates to stay alive from its perpetual plunge into the center of the sun, protected from countless debris by its venerable cousin, Jupiter, its inhabitants, blinded by ignorance, appear to be ready to fight. They fight with ideas, races, countries, localities, genders and the gender-less, as if their whole life depends on it. They shout on TV and against those on the idiot box, they soften and harden policies at will, they own and disown coal, make speeches to the top bankers for money, refuse to release tax returns and proclaim wealth without understanding there is a liability side to the balance sheet. They visit churches of color, dance to show approval only to break down a few minutes later. They seek money for charities funded by the straight and the crooked, they meet lobbyists and people, shake hands and hold babies as if the whole country is melting down at the sheer sight of them.

Politicians, possibly a new species, could be endangered species, especially if the world educates itself with freely available information. Education has the highest return compared to any other investment by an individual or society. It can help sort out fake politicians who assert their past and your future, confidence tricksters, non-replicatable academic studies, drugs that lose efficacy over time, financial advisers who do not know finance, advertisements that promise the impossible, religious fanatics who perform magic, insurance policies that do not pay, charlatans who shout buy and sell as markets close and space agencies who spawn manned space missions for their own sake.

Such is the state of misinformation that education has higher returns now than it ever had.