The Race between Education and Technology

Name: The Race between Education and Technology
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SKU: 9780674035300
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By Claudia Goldin and Lawrence F. Katz

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Summary

The Race between Education and Technology offers a detailed historical analysis of how educational attainment and wage structures evolved together in the United States during the twentieth century. Claudia Goldin and Lawrence F. Katz illustrate how America's educational system, less elitist than Europe’s, played a crucial role in making the U.S. the richest nation. The authors explore the dynamic 'race' between education and technological change, showing how educational expansion initially reduced inequality, but its slowdown since 1980 has coincided with growing wage disparities. They also consider potential solutions to these challenges.
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Format: Paperback / softback

$83⁰⁰

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The Race between Education and Technology

$83⁰⁰

Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book is ideal for readers interested in economic history, education policy, and social inequality, including academics, policymakers, and students seeking to understand the interplay between technology, education, and economic outcomes in modern America.

This book provides an historical analysis of the co-evolution of educational attainment and U.S. wage structure through the 20th century. During the first 80 years of the 20th century, the increase of educated workers was higher than demand for them. This boosted income for most and lowered inequality. The reverse has been true since about 1980.

This book represents the best of what economics has to offer, combining a broad theoretical perspective, careful consideration of data, detailed lessons from economic history, and a close look at the present. -- Alan Krueger, Princeton University A masterful work by two leading economists on some of the biggest issues in economics: economic growth, human capital, and inequality. There are fundamental insights in the book, not just about our past but also our future. Rigorous but not overly technical, this beautifully written book will appeal to educated lay people and economists alike. -- Steven D. Levitt, University of Chicago, co-author of Freakonomics The Race Between Education and Technology will stand as the definitive treatment of changes in income distribution and their causes, as well as of possible countervailing policies towards rising inequality. This is empirical economic scholarship at its finest. -- Lawrence Summers, Harvard University A staggering achievement of historical research and analysis and required reading for anyone who's tired of glib, ideologically-inspired, trendy prescriptions for how to fix America's education system. -- Sylvia Nasar, author of A Beautiful Mind An impressive combination of extensive historical research, careful empirical analysis, and thoughtful commentary on one of the most important questions of the day: to what extent does increasing inequality in incomes stem from our failure to increase educational attainment? -- William G. Bowen, President Emeritus, The Andrew W. Mellon Foundation The Race Between Education and Technology is a most important study, both for what it teaches us about the past and also in presenting policies for the future if America is to regain its world leadership in education. -- Stanley Engerman, University of Rochester

Description

This book provides a careful historical analysis of the co-evolution of educational attainment and the wage structure in the United States through the twentieth century. The authors propose that the twentieth century was not only the American Century but also the Human Capital Century. That is, the American educational system is what made America the richest nation in the world. Its educational system had always been less elite than that of most European nations.

By 1900, the U.S. had begun to educate its masses at the secondary level, not just in the primary schools that had remarkable success in the nineteenth century.

The Race between Education and Technology argues that technological change, education, and inequality have been involved in a kind of race. During the first eight decades of the twentieth century, the increase of educated workers was higher than the demand for them. This had the effect of boosting income for most people and lowering inequality. However, the reverse has been true since about 1980. This educational slow-down was accompanied by rising inequality.

The authors discuss the complex reasons for this, and what might be done to ameliorate it.

Book Details

INFORMATION

ISBN: 9780674035300

Publisher: Harvard University Press

Format: Paperback / softback

Date Published: 01 October 2009

Country: United States

Imprint: The Belknap Press

Illustration: 51 line illustrations, 42 tables

Audience: Professional and scholarly

DIMENSIONS

Spine width: 32.0mm

Width: 156.0mm

Height: 235.0mm

Weight: 703g

Pages: 496

Collections

Business & Entrepreneurship Business Leadership & Management Claudia Goldin Education & Reference Finance & Economics Finance & Investment History & Archaeology History & Military Lawrence F. Katz Non-Fiction Politics & Current Affairs

About the Author

Winner of the Nobel Prize in Economic Sciences, Claudia Goldin is the Henry Lee Professor of Economics at Harvard University. Lawrence Katz is Elisabeth Allison Professor of Economics at Harvard University.

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