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by fellellor
1793 days ago
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The focus of those seeking to help kids is on completely the wrong things. The solution doesn't really lie in optimising the coaching exam system - sure it can be improved but the leverage of outcome is very low - but rather in the larger economy. We need more businesses, better regulation, sleeker government and policing system. This would do more to ease the pressure on kids and families than any regulation on the coaching industry would. |
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We need these things for good reasons, but the skill premium is here to stay. Both in the West and even more so (because differences are so vast, and redistributing incomes is not exactly feasible) in developing countries like China and India.