The Economics of Education and the Future of Societies

Growing up, we have been bombarded with the idea of 'go to school, get good grades and land in a good job' all through our student life. Our parents have told us so; they told us so because their parents, in turn, had told them so. And the chain of psychological insinuation continues to persist unbroken up to this present generation. It is the very chain that keeps us fettered up even up to the late years of our post-student life - especially in those moments when we come to terms with the fact that our degrees have less to do with the jobs available in the market (something we ourselves have created as human species), the make-up of which has been governed by an economy we understand very little.