Is Education The Answer? Trends in the Supply and Demand for Skills in the U.S. Workforce

David Finegold

Chapter 7 in America at Work, 2006, pp 111-130 from Palgrave Macmillan

Abstract: Abstract To treat a host of economic ailments—from reducing income inequality and unemployment to boosting productivity and innovation—the favorite prescription of policymakers across the world is more education. This was never more apparent than in the last of the 2004 U.S. presidential debates. First, President George Bush was asked whether he supported raising the minimum wage, which was at its lowest level in real terms since the 1930s. His response was that “the best way to increase earnings for this group was through more and better education.” Later, he was asked what he would do about the growth in the offshoring of U.S. jobs to India and other nations. To this he responded, “We need more and better education.”

Keywords: High Education System; General Skill; Employment Brand; Reduce Income Inequality; Educational Advantage (search for similar items in EconPapers)
Date: 2006
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-8359-6_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9781403983596

DOI: 10.1057/9781403983596_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().