logoalt Hacker News

frognumbertoday at 6:39 AM5 repliesview on HN

I think the corollary is about taxpayer accountability.

It's easy to make the argument:

"If we invest $1M in education, we will have $10M in additional future economic output, $4M in future taxes, and $20M less in law enforcement / criminal prosecution / jail fees. It improves global competitiveness."

That's a no-brainer. Education is a very high ROI investment for a country. Like infrastructure spending or industrial policy, it's about cold, hard economics.

One step more complex -- but equally high ROI -- is towards having a functioning democracy. That's economics, but a bit more squishy.

Investing in the arts, humanities, and music is a good thing as well. However, that's a very different bucket of money. I wouldn't lump it in with the former two.


Replies

collinmcnultytoday at 8:15 AM

You don’t think investing in arts, humanities, and music contributes to a functioning democracy?

show 2 replies
phantomathkgtoday at 8:51 AM

Here we have an example of someone who see college/university as a vocational training center for worker, instead of seeing it as higher education that inspire civilized thinker.

TheAceOfHeartstoday at 8:24 AM

A lot of people severely underestimate the value and impact of the arts because they don't produce immediately visible results. But artistic works are often a massive source of inspiration and they help people through dark times.

eastboundtoday at 8:18 AM

> It's easy to make the argument:

And it is false. Those are truthisms, except at one point, college can destroy people’s lives. College can teach people wrong things. College can misdirect people from being about to contribute to the economy and redirect them towards the political goals of the teachers, especially when those don’t derive revenue from their contribution to the economy. College can also misdirect people who would have been happier and more useful with immediate work.

There goes my demonstration: College can be harmful to society, it’s subjective to judge when the threshold was crossed. For my opinion, it was crossed in 2013 through politicization.