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1 - The relevance of education

Published online by Cambridge University Press:  22 September 2009

Daniele Checchi
Affiliation:
Università degli Studi di Milano
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Summary

In many people's opinion it is the poor, not the rich, who are social parasites, the more benign version of which opinion adds that the poor lack the ability to be productive.

Arrow, Bowles and Durlauf (2000), Meritocracy and Economic Inequality (p. x)

This is the crucial question. Since there are no overt forces of coercion, educational destinations have somehow to be reached through individual preferences and decisions, which leave one wondering how it comes about that what at a macro level takes the form of a partially reproductive pattern can, at the same time, be the results of decisions individually taken.

Gambetta (1987), Were They Pushed or Did They Jump? Individual Decision Mechanisms in Education (p. 2)

We will start our investigation into the role of education in modern societies by reviewing some well-established facts. In the aftermath of the Second World War we observe a generalised rise in school attendance across the globe (see table 1.1). Enrolment rates (as defined by the ratio between the numbers enrolled at a given stage of education over the whole population in the same age cohort) rose in particular in the developing countries, reducing the education gap vis-à-vis the OECD (Organisation for Economic Co-operation and Development) countries, as witnessed by the coefficient of variation computed across countries.

Educational achievements rose quickly during the first two decades (the 1960s and the 1970s) but slowed down during the 1980s.

Type
Chapter
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The Economics of Education
Human Capital, Family Background and Inequality
, pp. 1 - 14
Publisher: Cambridge University Press
Print publication year: 2006

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  • The relevance of education
  • Daniele Checchi, Università degli Studi di Milano
  • Book: The Economics of Education
  • Online publication: 22 September 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511492280.002
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  • The relevance of education
  • Daniele Checchi, Università degli Studi di Milano
  • Book: The Economics of Education
  • Online publication: 22 September 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511492280.002
Available formats
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Save book to Google Drive

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  • The relevance of education
  • Daniele Checchi, Università degli Studi di Milano
  • Book: The Economics of Education
  • Online publication: 22 September 2009
  • Chapter DOI: https://doi.org/10.1017/CBO9780511492280.002
Available formats
×