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@arctotherium42: Schooling != human capital. Labor economists, which 21st century Britain has actually listened to, d...

Schooling != human capital. Labor economists, which 21st century Britain has actually listened to, disastrously wrong here.

John Burn-Murdoch (@jburnmurdoch)

New from me:

Young people in Britain are some of the most well-educated in the rich world, but economic stagnation means that breeds not growth but frustration.

In fact, US workers who are functionally illiterate now earn roughly the same per hour as the average British worker.

— https://nitter.net/jburnmurdoch/status/2085691937386877223#m