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- Nov 26, 2019
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- #21
I agree, most of Bill Gates' entrepreneurship wasn't limited to what he learned in college, from his parents, or his degree (or lack thereof).What do you mean it's irrelevant? Worth is what someone is willing to pay- value is a pre-determined worth to the holder- "might" is an ambiguous way out- Bill Gates didn't finish college- what's "it" worth to him? To the college, the same amount as they would charge you- the difference being, Bill Gates wouldn't have to go in debt- you on the other hand-n practice it's irrelevant, it depends on what people are willing to pay for.
To a millionaire with a lot of money to spend, a collector's item might be worth more than an average person would couldn't imagine spending millions of dollars on a baseball card.
I was simply saying that, in practice, as far as economics is concerned, it's worth is what people are willing to pay for it or ascribe to it, not what you believe it "should be worth", or comparisons you make between it and other alternatives.
I personally wouldn't think that paying to learn something in college which could be better learned in reading books on one's own is a worthy investment of time and money, in practice though, some people would disagree, and some companies or individuals may have an infatuation with things such as the "brand image" that degrees from certain universities possess, so in practice, it seems to me what you're doing is arguing against what you see as "unfairness", rather than merely acknowledging what actually is.
And yes, I personally find "STEM degrees" to be ugly, as I'm sure many women do - not "STEM" itself, necessarily, but most of the so-called degrees which barely offer any depth or mastery of such a field to begin with, and are primarily intended to create boring, crass "workmen", not mavens or masters of any such field - hence my personal investment in entrepreneurship.
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