Left-leaning economist Joseph Stiglitz has an opinion piece in the New York Times: Inequality Is Holding Back the Recovery.
You might scoff at this argument. But it just dawned on me: He's right at a very high level. What holds us back? An unfair inequality of ability. We have a small number of people who have very high IQs and a very large number of people with much lower IQs. This inequality of ability is holding back recovery. If everyone had, say, a 140 IQ our economy would be humming along. So many people would be making scientific discoveries and coming up with great technical innovations that the economy would be growing like a bad out of hell.
So I have a complaint for Barack Obama: Why haven't you closed the IQ gap by boosting everyone up to 140 IQ? Why are you letting people be held back by a lack of ability? Why haven't you designed an educational program that boosts the IQ of everyone? Surely you don't believe these people with lower IQs are that way do to innate abilities. So surely you must know a way to boost everyone's ability. So do it. End the inequality of ability. How can you tolerate it?
|Share |||By Randall Parker at 2013 January 26 12:47 PM|