Lyndon B Johnson Can Shove It (Photo credit: Eddie~S) |
Educated, but UnderemployedEducated people working in disappointing jobs isn’t the result of dire recessionary times. Rather, it’s because financial rewards are tied to what a producer has to offer. Every one of us has to accept the challenge of proving one’s worth in the marketplace. Intelligence is only a limited part of that. The marketplace is nothing more than the exchange of people’s accumulated wants and desires. Much of what consumers collectively place great value on in the marketplace has astonishingly little to do with intelligence as we understand it.
No one expects Magic Johnson to offer proof of the Riemann hypothesis anytime soon, yet his wealth is estimated to be half a billion dollars . In Johnson’s case, he developed non-academic skills that he could use to obtain a high salary. By saving that salary and investing, Johnson earned far more money through passive income than by active means.. ... Continue to read.
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