Bloomberg TV: Where Is The Money Going In Education
By Trish Regan, Christian Madsbjerg & Ed Conard, June 26, 2013
ReD Associates partner Christian Madsbjerg and Ed Conrad, a former partner at Bain Capital, discuss the allocation of government money toward education with Trish Regan on Bloomberg Television’s Street Smart.
In 2013, $3 billion (USD) was invested in the hard sciences, while only $146 million was invested in the humanities. Christian Madsbjerg argues that offering more federal funding to the hard sciences is a problem for two reasons: it produces people with the same type of linear thinking, and it doesn’t nourish the sensitivity needed for understanding culture and people. “The humanities are a goldmine that is completely undervalued.”
Watch the full video here: