In the American historical example shared, education got lucky because of economic downturns.

If education is not valued by a nation, then this is not a surprising outcome. Do note, Americans as a whole tend to be extremely sensitive about critical discussions on the “way things are” in America. It’s a trait that results in a sort of “nothing can change” point of view, and hostility when it’s pointed out that other countries do better.

America has so far been able to attract that talent to their economy, but given the instability in place currently, that engine is reversing.

This means that investments in education are going to be needed. Right now teachers make their own print outs, teaching material, and the education system is generally underfunded.

Stating that it’s not a resource allocation problem, when resource allocation is what is required to attract talent, is inaccurate. Many people would prefer to work for meaning and to teach, even if they have talent and can be paid better. Given a livable wage, the super ambitious types will do the risky entrepreneurial things they should be doing. Others will be happy to teach.

Some of the smartest people I met in America chose to teach. America can change things, and it can enjoy the benefits.