Saturday, August 6, 2011

As Usual Scott Adams Has It Right

On his blog:
My hypothesis is that the best indicator of long term economic health is the number of engineers a country produces relative to the number of lawyers. A country that is cranking out more engineers than lawyers will trend up. A country that is moving toward a lawyer-heavy economy will grind to a stop.

...

Some of you will argue that education in general is the biggest predictor of success. But I think you'd agree that if everyone started majoring in English, we'd all starve to death with impeccable grammar.
Yup.  There's a need for lawyers, and a need for people with English degrees (and history degrees).  But we need scientists and engineers quite a bit more.

3 comments:

John henry said...

I would agree but take it a step further.

How many engineers are working as engineers?

How many lawyers are working as lawyers?

John Henry

Unknown said...

Get an engineering degree and then move to a country with jobs...

ThatWouldBeTelling said...

While I tend to agree, Japan must be examined as a strong exception to this rule of thumb.

(Of course, nothing more than other non-judicial system methods of hindering engineers is quite sufficient, and Japan has those in abundance.)

China and India would tend to support the thesis.