Goldin and Katz's "The Race between Education and Technology" is a monumental achievement that supplies a unified framework for interpreting how the demand and supply of human capital have shaped the distribution of earnings in the U.S. labor market over the 20th century. This essay reviews the theoretical and conceptual underpinnings of this work…

As the nation, bogged in recession, focuses on job creation and economic growth for relief, attention has turned to education as the key to building a workforce to fill current and future job needs. However, to the surprise of some, much of the discussion involves community colleges, rather than traditional four-year, degree-granting universities…

Recognizing that higher education, including community colleges, four-year colleges, and research universities, cannot help drive economic growth in their states unless students' academic success is linked to the needs of the marketplace, governors and state policymakers are beginning to move beyond their focus on getting more students to get…

Technical and vocational education (TVE) can influence development and economic progress for post-colonial societies. Some newly independent sub-Saharan African countries attempted curricular transformation that might produce a skilled workforce through widespread access to versions of TVE. In Cameroon, no such post-colonial curricular revolution…

In determining the contribution of education to economic growth, Denison omitted occupational education because it "would have but little effect." He estimates that education accounted for 23 percent of the 2.93 percentage point rate of growth of national product from 1929-1957 and 12 percent of the 1909-1929 growth. This research has two main…

Japan's economic success is clear evidence that purposeful investments in the educational quality of the work force pay major dividends in terms of enhanced productivity and increased competitiveness. The key elements of the Japanese system are, in fact, less than 40 years old. The current recession is a reminder of the transitory nature of…

TWENTY-NINE REPRESENTATIVES OF MANAGEMENT, TRADE UNIONS, AND GOVERNMENTS FROM 28 COUNTRIES PARTICIPATED IN A STUDY COURSE DESIGNED FOR PEOPLE WHO HAD ALREADY ACQUIRED SOME EXPERIENCE WITH LABOR PROBLEMS AND HELD, OR WERE LIKELY TO HOLD, POSITIONS OF RESPONSIBILITY IN THE FIELD OF LABOR. ADDRESSED TO QUESTIONS RELATING TO THE LABOR FORCE AND ITS…

Elements of the "American dream" are adequate housing, education for one's children, and a secure retirement. Economic growth has long been seen as a way to realize the dream. Recent data indicate that achieving the dream and succeeding in the labor market have become more difficult due to sluggish productivity growth, increased competition from…

EXAMINERS APPOINTED BY THE ORGANISATION FOR ECONOMIC COOPERATION AND DEVELOPMENT (OECD) REPRESENTING THE INTERNATIONAL LABOUR OFFICE, CANADA, AND SWEDEN, VISITED THE UNITED STATES IN JANUARY 1963 TO STUDY THE COUNTRY'S MANPOWER POLICY, AND PREPARE A LIST OF QUESTIONS TO BE ADDRESSED TO THE UNITED STATES AUTHORITIES. THE EXAMINERS' REPORT AND A…

This book provides an introduction to earnings capacity (EC), a measurement of human capital, and its application to a research study of potential earned annual income over a 25-year period. Focus is on qualitative aspects of EC such as race, age, gender and education and its utilization. Chapter 1 is an introduction. Chapter 2 reviews existing…

This book examines how many of the United States' social and economic problems are reinforced by the combination of school, business, and government. It outlines ways that U.S. government policy can be reformulated to make schools and training major components in the U.S. labor market's successful adjustment to the new workplace realities. The…