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@alexvan
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Art history might be a fascinating subject to some but, outside being a curator at a museum, what is the value of it? And besides, why spend a hundred grand to study something you can look up on the Internet for free. Wikipedia and other sites are full of art history that one can research and learn without the cost.

If you want to study art history, move to Florence in Italy, the degree is much cheaper and you learn on the spot where it happened and you might get a job in the field.

Do you mean that one who has a double major in Popular Culture and Bagpiping is not relevant in the job market? Joke aside, even if this majors exists, you are right, people pour in money to follow their passion, thinking that if it is a passion it will be a demand of it on the real market. Sadly is it not.

The best positive example of your post might be Japan, a country close to none natural resources, which by manufacturing get's is value add, being one of the top economies.

The system needs to be reinvented or redesigned as now it reminds of my time in communism behind the iron curtain, where each person needed to have a job, even if it is not productive. We had a lady at the end of the rolling stairs who was staying there the whole day to stop them when nobody was on them. the wear and salary was much higher than the value of the electricity saved. This is the same with the system,but the jobs have been turned as paper pushers in a government office. No real world benefit.

I see also that crypto and further digitization can help free up a lot of resources. Imagine putting the world daily military spending of roughly 5479452054794 USD into cancer research. Yes, the world spends over 5,5 trillion USD a day for military.

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