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Commentary By Allison Schrager

This One Weird Trick Could Save the US Economy

Economics, Tech Education, Higher Ed, Finance, Energy

American meritocracy has slowly devolved into rewarding people with the most perfect records, stifling the creativity and risk-taking our country needs most to thrive.

One special advantage of living in America was that it was possible to be weird and successful. The US economy offered a lot of second chances and a high tolerance for unusual career arcs. There weren’t exams (as there are in other countries) that tracked you from an early age, herding you into a career path or limiting your education opportunities.

There were plenty of good colleges and universities, and they all would take some unconventional students. There were a range of companies with different cultures and a general acceptance — even a celebration — of quirkiness. You could start a business, fail, and still succeed the next time, or just try something else. Some of the most successful Americans had non-traditional career histories, or declined to follow a linear, well-worn, rule-following path. Some — egad — didn’t even go to elite schools.

Continue reading the entire piece here at Bloomberg Opinion (paywall)

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Allison Schrager is a senior fellow at the Manhattan Institute and a contributing editor of City Journal.

Photo by Marian Vejcik/iStock