Phi Beta Cons

The Glut of STEM Degrees

Lately, I’ve been writing about the labor “gluts” that have built up in some of the STEM (Science, Technology, Engineering, Math) disciplines. These gluts have caused such mischief as driving down the average starting salary for chemistry majors with bachelor’s degrees so that they earn the same as recent sociology grads. The existence of these gluts contradicts the conventional wisdom that we need more STEM graduates to compete in the global economy.

Now I tackle that conventional wisdom head on, discussing how the same people that gave you the big-government welfare state that is working so well also have an utopian vision of the economy when it comes to education. This vision — of a futuristic technological paradise — guarantees such labor gluts and ignores real opportunities that are right in front of us today.

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U.S.

G-File Mailbag: The Results of a Bad Idea

EDITOR’S NOTE: The following is Jonah Goldberg’s weekly “news”letter, the G-File. Subscribe here to get the G-File delivered to your inbox on Fridays. Dear Reader (Including those of you just standing there eating Zarg nuts), I had a bad idea. It wasn’t a terrible idea, like asking a meth addict ... Read More
Politics & Policy

How Democrats Can Blow It in 2020

Donald Trump probably can’t win the 2020 presidential election, but the Democrats can lose it. What I mean is that in a contest between Trump and a generic Democrat, Trump would almost surely lose if the current political climate holds through 2020. According to a Fox News poll this week, 38 percent of ... Read More
Politics & Policy

The Collusion Scenario

It has become an article of faith in some quarters on the right -- well, most -- that the Mueller investigation has found no evidence of collusion with Russia and has accordingly shifted gears to process crimes like lying to the FBI or obstruction of justice. Having decided that this must be true, many have ... Read More
Immigration

Democrats’ Border-Barrier Flip-Flop

Is steel more moral than concrete? House Democratic leader Nancy Pelosi of California said last week that she and other Democrats consider a border wall “immoral.” But some of the same Democrats who decry President Donald J. Trump’s proposed concrete wall as a 30-foot-tall human-rights violation actually ... Read More