Sunday, July 1, 2012

Speaking of essential reading

Twilight of the elites is simply the must ready book of the year (if not the decade).  I am 25% through it via Kindle and it has already pointed out how standardized educational testing is doomed to failure so long as there are resource imbalances (simply due to the test preparation industry and the ability of the elite to hire tutors).  It also points out that, when we tolerate corruption, bad practices drive out good.

A lot of the book challenges my intuitions (as I am a meritocrat myself,by nature) but it points out some real limitations to the way we have arranged society.  It seems that inequality of outcome is a serious problem for a meritocracy (and there is still 75% of a book to go)!

If nothing else, this book makes the case for regulators (with teeth) being vastly more important in a meritocracy (which us the opposite of the idea of getting government out of the way).

Definitely work a few minutes.

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