A Good Story Encouraging Young People to Do STEM

Here is an amazing story. From Haley Zaremba at oilprice.com: In the past year or so an unorthodox think-tank called Helena has been quietly bringing together an eclectic cross-section of brilliant individuals (mostly bright-eyed millennials) with ambitious goals. They’re focusing on the world’s biggest and most insurmountable problems: climate change and global security issues such […] …

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Commercialised media and decline of STEM careers

In the last post, I analysed how natural rules of the society make STEM careers not attractive to young people. Free market doesn't restrict the work of natural economic rules, which sets price of each career only according to its popularity among the public. Government should compose laws to increase the salary of STEM careers …

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Free market to blame for unsatisfying salary of STEM careers

The salary, or to say income, of each type of career is decided by economic law. As a free market economic world, the income depends on a basic economic law called "supply-demand balance". If we take careers as merchandise on the market, we can see that the popular "products" can earn more than those less …

Continue reading Free market to blame for unsatisfying salary of STEM careers