There is a tendency in a good economic climate for research to focus on the sources of economic growth. Reactions to what is commonly called the credit crunch are worth having a look at. At first, analysts believed this crisis would be short-lived and that some adjustments would correct external turbulences. Then, the idea emerged that the…

Earlier studies of France, Germany and the UK suggest that a common framework exists to explain the relationship between public expenditure on education and economic growth in the nineteenth and twentieth centuries. This article shows that while a similar relationship exists in the USA, US policies were particularly committed to the educational…

The UK 2004 Higher Education Act generated important debates about the relationships between higher education (HE), economic growth and social progress. The range of positions expressed in relation to the increase of annual tuition fees raises crucial questions about the public and private funding of higher education and its individual and social…