The Intelligence from The Economist

A cut above the West: America’s astounding economy

7 snips
Apr 18, 2023
Simon Rabinovich, the US economics editor for The Economist, discusses the surprising resilience of the American economy amidst political skepticism. Mark Johnson, the publication's education correspondent, dives into the rising doubts regarding the value of university degrees, emphasizing how choosing the wrong one can leave graduates worse off. They also explore the ramifications of book bans and the fight for literary freedom, revealing how these issues intersect with educational value and economic prosperity.
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INSIGHT

Political Risks to Economic Health

  • Politicians focusing on economic failures risk undermining America's strengths.
  • Policies like protectionism and nativism threaten the very factors driving success.
ADVICE

Choosing the Right Degree

  • Prioritize choosing the right subject for maximizing earnings potential.
  • Engineering, computer science, and business degrees offer high returns in the US.
INSIGHT

The Risks of Higher Education

  • Higher education has become riskier, increasing the chance of negative financial outcomes.
  • Dropout rates are high, and poor college choices can worsen financial situations.
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