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Mahony, David – 1990
The "new" economics of education replaces the "old" economics expressed in human capital theory, which viewed education as contributing to individual enhancement and ultimately to economic betterment. The "old" economics foundered on the rising levels of youth unemployment, a result of declining productivity and…
Descriptors: Capitalism, Education Work Relationship, Educational Economics, Educational Policy
Peer reviewed
Direct linkBorg, Carmel; Mayo, Peter – Globalisation, Societies and Education, 2005
This paper provides a critical analysis of the EU's "Memorandum on lifelong learning" in light of the evolution of the concepts of lifelong education and lifelong learning from the late sixties onward. It also analyses this document in light of the forces of globalisation that impinge on educational policy-making in Europe as well as the…
Descriptors: Lifelong Learning, Foreign Countries, Educational Policy, Educational History
