Book Smarts vs. Street Smarts
The Donald chose book smarts over street smarts this season.
Arnold Kling at EconLog points out that the contributions of the young and above-average are almost always undervalued. This experientially strikes me as true. His advice: “If you are exceptional and young, you should start your own business. That way, you will get more than an average reward.”
In a book smarts vs. street smarts comparison, Kling adds, “Learning comes from taking on challenges. Entrepreneurship is a constant, in-your-face challenge. Relative to that, college is a stroll in the park.”
Comments
#1 2005-05-20 10:26 (Reply)
Booksmarts vs. Streetsmarts is actually a bogus comparison becuase Tana had more than three years of college education. Does an extra half a year of college make so much difference? Especially when you consider that each additional year has diminishing marginal returns?
Tana does, however, lack CLASS.
#1.1 2005-05-20 10:31 (Reply)
Too right, I forgot that Tana started but didn’t end up completing her undegrad degree.
Although I think I got more out of my last two years of college than my first two, which were mostly composed of gen. ed. courses which I was not interested in. Of course, the tuition went way up once you became upper-division, so in terms of what I got for what I paid, it probably was comparatively less.