Sun
May 20 2012
03:25 pm
Do You Want the Good News First?
By: jbr

The mechanization more and more streamlined for being an entrepreneur.

From the NY Times ...

easier and cheaper than ever to publish your own book, start your own company and chase your own dream. Never have individuals been more empowered, and we’re still just at the start of this trend.



continued...

Education as venture capital (fuel?) for the increasing entrepreneur based economy

What we must preserve is that magic combination of cutting-edge higher education, government-funded research and immigration of high-I.Q. risk-takers. They are, in combination, America’s golden goose

We seem to be going the opposite direction ...

When we shrink investments in higher education and research, “we shoot ourselves in both feet,” remarked K.R. Sridhar, founder of Bloom Energy, the Silicon Valley fuel-cell company. “Our people become less skilled, so you are shooting yourself in one foot. And the smartest people from around the world have less reason to come here for the quality education, so you are shooting yourself in the other foot.”

Do You Want the Good News First?

Topics:
bizgrrl's picture

Unfortunately, even to

Submitted by bizgrrl on Sun, 2012/05/20 - 4:17pm.

Unfortunately, even to self-publish, you still need to know how to write. The same is happening to research.

Are we dependent on immigrants being the risk takers? Can't U.S. students fill the slots?

“Sixteen of the top 100 best sellers on Kindle today were self-published,”

Can the books be purchased some place other than Amazon? Is Amazon bigger than Walmart? If not, will they be soon?

Stick's picture

Trust none of his false utterances...

Submitted by Stick on Wed, 2012/05/23 - 11:03am.

As usual, when Friedman tries to make the skills mismatch argument he mostly is showing his lack of the skills appropriate for someone writing on economic policy for a major national newspaper.

Dean Baker

EricLykins's picture

notable

Submitted by EricLykins on Thu, 2012/05/24 - 1:43am.

the success of several of these companies does not necessarily stem from being innovative. For example, most of Amazon's profits have been attributable to its effective lobbyists. They have managed to exempt most of its sales from state and local sales tax in most of the country. This enormous subsidy, at the expense of traditional retailers, has often exceeded its profit margin.

fischbobber's picture

Business Model

Submitted by fischbobber on Thu, 2012/05/24 - 5:56am.

That business model has got to end. Corporate welfare is killing revenue stream for public dollars.

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