Comments on: Does student achievement really spur national economic growth? http://telicthoughts.com/does-student-achievement-really-spur-national-economic-growth/ An independent blog about intelligent design Fri, 05 Dec 2008 15:27:08 +0000 http://wordpress.org/?v=2.6.3 By: Ekstasis http://telicthoughts.com/does-student-achievement-really-spur-national-economic-growth/#comment-46477 Ekstasis Mon, 27 Nov 2006 12:50:24 +0000 http://telicthoughts.com/?p=1068#comment-46477 Certainly a fascinating study. Economic growth is certainly the result of a complex web of inter-related factors, much as is a living organism. When it comes to economic growth, the wide base of the pyramid is far more important than the small peak. In other words, the environment for starting and successfully operating small businesses, motivating employees, and offering basic infrastructure is more important than breakthrough scientific discoveries, sorry to say. The other super key factor is capital markets. Can business enterprises get access to sufficient capital to make investments in growth? Does the system encourage appropriate risk taking? Finally, the moral fiber of the people should be considered. Societies where corruption is rampant, or selfishness rules, do not do well no matter how great their science and mathematics programs are. This is one reason why the diatribe against "religion" and "values" is so counterproductive. All the knowledge in the cosmos will not help a people if they apply it to the wrong ends. Certainly a fascinating study. Economic growth is certainly the result of a complex web of inter-related factors, much as is a living organism.

When it comes to economic growth, the wide base of the pyramid is far more important than the small peak. In other words, the environment for starting and successfully operating small businesses, motivating employees, and offering basic infrastructure is more important than breakthrough scientific discoveries, sorry to say.

The other super key factor is capital markets. Can business enterprises get access to sufficient capital to make investments in growth? Does the system encourage appropriate risk taking?

Finally, the moral fiber of the people should be considered. Societies where corruption is rampant, or selfishness rules, do not do well no matter how great their science and mathematics programs are. This is one reason why the diatribe against "religion" and "values" is so counterproductive. All the knowledge in the cosmos will not help a people if they apply it to the wrong ends.

]]>