As a species, our incubation period is getting longer. Just a few hundred years ago, finishing twelve years of education was uncommon. Today it’s difficult to get a job above minimum wage without a high-school diploma. Teenagers were once miniature adults. Fifteen year-old girls got married. Sixteen year-old boys went to work. Today teenagers are […]
The Obvious Choice is Often the Worst: Why People Fail Choosing Jobs, Classes and Dates
Taking at least one or two economics or business courses should be mandatory. That way I’d hear fewer business ideas that start with, “It’s like Facebook, only better.” One of the first lessons of economics is the importance of competition. Specifically, that if you try to do what everyone else is doing, you’ll probably fail. […]
