Sunday, June 17, 2007

The Loose Reins on U.S. Teenagers Can Produce Trouble or Entrepreneurs

The Youthful Entrepreneur.

The fact that American schooling is less disciplined than that in other countries gives young creators the time and the energy to accomplish something outside their formal education. Despite his intellectual talents, Ben, in his book, admits that he received indifferent grades and had little emotional attachment to most of his formal schooling. Whenever he could, he used sick days to set up meetings for his business.

The longstanding criticism of the American school system is that even in the better schools, too many students just “get by” rather than engage in a rigorous curriculum. This academic leniency is bad for many average or subpar students, but it also allows some students to flourish. Relatively loose family structures have similar effects; American children are especially likely to be working on their own projects, rather than being directed by parents and elders.

Compared with those in other countries, American children play a much more influential role in society and enjoy a remarkable degree of autonomy. American fast food, with its fatty, sweet and bland tastes, is geared toward children, as are many American movies and television shows. Teenagers receive higher allowances, have greater access to credit cards, and have more money to spend on culture, or, in some cases, to spend on starting a business. American labor markets are flexible enough to create a large number of jobs at the lower end of the wage scale. Teenagers are more likely to acquire work experience, and they are more likely to earn a small amount of capital for financing a start-up enterprise.

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