THE PRICE OF SCHOOLS IS JOBS.
NOT STEVE JOBS, NOT BILL GATES.  BUT
JOB JOBS. LIKE THE KIND THERE HAVE TO BE.

The Hayekian market looks to price   to signal the need for investment in the civilian economy. It also constrains the defense economy.

Yet who denies that price is a most unreliable predictor of future price?  Why do so many economies today allow price to govern --- more than be governed --- by men?

Yesterday I put Dominic Cummings here to speak to the end of history   and beginning of real rivalry   between Europe, America and Asia in a competitive tomorrow.

I believe Dominic and representatives of these rivals would, if they could, like tomorrow's contests to be benign: no more world wars --- World's Fairs and Olympics will do.

But no one appears to believe that price can be managed by parliaments, indirectly, if they chose to finance growth with debt-free money.

The disbelievers rely on experience. The corruption that rules parliament is surpassed only by the difficulty of choosing what items and to what extent a nation can afford to finance outside the private banking and national taxes  cycle.

We have today the perfect example of American high schools. We know we need an enormous number of small academic and trade schools to replace the larger schools that have ruined secondary education in America. Congress could build them in less than a decade and have them staffed to create the motivated educated people we need.

Instead we have Bill Gates financing a small trial of the idea. And key to the idea of the schools is a job guarantee to make sense of all the study and number of graduates.   Bill Gates will not be financing these jobs.

Why not?   Because we believe we have a right to be ruled by the lowest cost producers in all the world.  These may well be in China and India.  

We know eventually price will be self-correcting, as unemployed Americans reform the economic system that brought them to ruin.  But why in the world would we wait for ruin before we reform?

Can I stop here --- without spelling out in detail just how to build the schools now and move ahead from leadership today to leadership tomorrow?  I will have to for now.

I have it all in mind.   And so must you.  Only Bill Gates can't see it.  So he will have to do it the hard way --- the slow way --- the may that may see a lot more pain than is good for any of us.

 

[Of course the note (with 2 asterisks **) at the bottom of earlier date blogs gives enough of the detail for things to get started tomorrow.]

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