Forum for Innovation

While we are in dire need of STEM graduates and the high pay in these fields speak to the labor market shortage, the market for bight, educated people isn’t equal. According to Jordan Weissmann at The Atlantic, the job market for PhD grads seems to have gone off the rails, and that includes for STEM doctoral students. The reasons aren’t explained by Weissmann, but my guess is that the skills and career direction imparted by a PhD program may not line up with the needs of those looking to hire smart graduates like these. Further research is certainly needed. 

3D printers are quickly growing in their potential. According to CNN, these machines can now even “print” houses. 

Tyler Cowen writes, “The Great Stagnation is a temporary slowdown in growth, not the permanent end of new ideas.” Well put, Tyler. 

Reihan Salam outlines “what Texas can teach affluent coastal regions,” especially about reducing the high cost of living that tends to drive residents to cheaper, yet less productive areas of the country. The more America’s most productive areas lose in population, the worse-off our economy is in the long term. 

Mark Perry writes on why the middle class has never had it so good ... at least, when it comes to car quality and affordability. What does this say about the state of manufacturing and household wealth in America?