Do you agree with the statement "An investment in knowledge always pays the best interest.” ―Benjamin Franklin?
Yes I do agree. Regardless poor or rich, different ethnicities, various backgrounds etc., this universal statement does apply to all. Reason being through education / knowledge gains, it can transform mind, heart, attitude & behavior throughout our lives.
Do you agree with the statement "An investment in knowledge always pays the best interest.” ―Benjamin Franklin?
Yes I do agree. Regardless poor or rich, different ethnicities, various backgrounds etc., this universal statement does apply to all. Reason being through education / knowledge gains, it can transform mind, heart, attitude & behavior throughout our lives.
My father invested money for achieving knowledge of his son, so I am performing knowledge based service in my life. I do not name any other probable investment from his end for me which may resulted better.
Most empirical research findings in education economics do support the B.Franklin statement; investing into people can lead to a learning that pays back.
Academician Pyotr Kapitsa, the Nobel Prize winner in physics in 1978, once expressed this phrase: "Although the path of science is predetermined, but the movement along this path is provided only by the works of a very small number of exceptionally gifted people. " One must understand one thing: an overwhelming number of people can know much, but nothing new can be created and produced. And only a very small number of people like scientists and inventors will promote science and technology to the future. Therefore, in my opinion, knowledge should certainly be accessible to all, but it is necessary to invest in talented people who are able to move quickly along this path. For example, Russian President Vladimir Putin created the educational center "Sirius" in Sochi https://www.youtube.com/channel/UCSVY5ZY6Zk-Wbr08sTmjqMw for gifted children from different areas: science, art, sport and so on.
The value one attributes to the returns (or interest) varies with the preferences and objectives of the one who invests. The return can be in money, in other material ways, or in immaterial.
There are already many good answers above so I won't duplicate those in my short response. What is not mentioned in either the initial question nor the responses is that:
"Knowledge" is not limited to formal education. I do not know the context of Franklin's statement but I suspect he was probably referring as much to informal learning outside the education system.
"Knowledge" doesn't just pay interest in the sense of a term deposit where the capital value remains constant over time. As one keeps learning (formally or informally) knowledge compounds over time in a geometric sense rather than merely an arithmetic sense.
Which is a long-winded way of saying 'yes' I agree with all the sentiments above. Which is only to be expected on a forum like ResearchGate!
I agree with Chris: 1) they are already many good answers and 2) terms should probably thought more globally.
Globally speaking, I should answer “yes” if “knowledge” is opposed as “ignorance”. Otherwise my answer would be more cautious. For example, you can be given a certain knowledge that proves to be paying low or even bad interest if it is partial (true) knowledge. I give an example even if the idea is clear enough: one won’t have the whole necessary knowledge a financial investor needs if one only knows about technical analysis.
The very point should be to properly define the scope of the sufficient and necessary knowledge so that anything valuable can be done. In my opinion, “having the knowledge” is a very tricky thing to assess…