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IT, Education, France, Britain and the Euro Crisis: Some Interesting Thoughts

Two things that caught my eye today.

First, Arnold Kling reviewing a very good article on IT and education offered this:

Read the whole thing. Many years ago, I wrote that colleges are the only information-aged businesses that are making a big point of investing in physical plant. Weedman would call this the “hardware” model. His guess is that there is also room for a software model for higher education. I agree. And I think that once it gets traction, there will be a lot of tipping toward the software model, leaving the legacy colleges and universities with major problems. Kind of like Borders Books.

Health care and education are two of the big gorillas of the economy and both have mightily resisted the revolution. The end game will no doubt be the same for them as it has been for all of the others.

While you’re in the mood for Kling, read this very interesting post on the “myth of the median worker.”

On a lighter note, Walter Russell Mead amusingly comments on the war of words between the British and French heads of state:

This is unlikely to make British PM David Cameron particularly unhappy.  He’s got a touch vote coming up in Parliament over a petition for the UK to hold a referendum on leaving the EU.  Getting attacked by Sarkozy underlines Cameron’s diplomatic victory at getting into the summit and strengthens his anti-Continental, anti-euro credentials at a convenient time.  And in any case, history contains no record of a British political party losing an election because it was perceived as insufficiently pro-French.

If Sarkozy is very lucky and very good, he can expect an attack from David Cameron soon, complaining that France is acting like a bully in Europe and throwing its weight around.  Sarkozy could respond that Cameron is an anti-European intriguer to the tips of his fingers, only staying in the EU to plot its destruction from within.  Cameron could retort that Sarkozy is the world’s most dangerous and determined enemy of liberal Angl0-Saxon capitalism.  By the time they are done, both leaders should be up twenty points in the polls.

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