The promise, embraced by governments around the world, is that the knowledge economy will provide knowledge workers with a degree of autonomy and permission to think which enables them to be creative and to attract high incomes. What credence should we give to this promise? The current economic crisis is provoking a reappraisal of both economic…

This series addresses the relation of education to knowledge-based growth and broader measures of development beyond growth, central features of the modern world in which education has a central role. This role includes the effects of education on pure economic growth including its effects on the creation, adaptation, and dissemination of new…

Recently, there has been growing criticism of the usefulness of the conventional measures of gross national product (GNP) to reflect the growth of economic welfare. It is argued that GNP fails to allow for certain measures of economic welfare. The object of this study is to examine how much difference would be made to the relative growth rates of…

This economic course of study for twelfth grade presents an extensive variety of teaching/learning activities. Many of the readings, pictures, charts, cartoons, and tables are selected from current and authoritative sources, such as government reports and newspapers. These items are used as a basis for student questions and a variety of student…

In the past few years an important beginning has been made toward defining and exploring the major issues in the economics of higher education. The research of economists covers a wide range of problems, from that of the Nation's requirements for college-trained people, to detailed questions of financing. Perhaps no single area of this work offers…