LONDON – Everybody agrees that better education and improved skills, for as many people as possible, is crucial to increasing productivity and living standards and to tackling rising inequality. But what if everybody is wrong?
Most economists are certain that human capital is as important to productivity growth as physical capital. And to some degree, that’s obviously true. Modern economies would not be possible without widespread literacy and numeracy: many emerging economies are held back by inadequate skills. John Andrews views the country’s civil war in the context of the Middle East’s strategic disarray, assessing how Shlomo Ben-Ami, Christopher Hill, […]
Full Post at www.project-syndicate.org