The Education Shibboleth
The Economist,
Jun 19, 2002
This review of Allison Wolf's book, "Does Education Matter?" takes to task the idea that education for all stimulates economic growth. The thesis advanced in the book is that the push for an open and egalitarian educational system drains resources from the elite universities. But it is graduates the elite universities that work on the forefront of new science and technology, producing the innovations required for economic growth. In response, as John Sener comments on DEOS, we could point out that "Simple math tells us that one can provide the same level of education for an elite, add a "lesser" level of education for the masses, and thus provide education for more at a 'reduced average quality' while still maintaining the high level of elite education."
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