There's been a lot of misallocated capital since the fiat experiment began.
But the misallocation of human capital has been by far the worst.
#AUStriches
Discussion
Had a student last year who was the best maths student I've seen.
He wanted to go into finance because it was where he could make the most amount of money.
I think talking him out of it will end up being one of the best things I did as a teacher.