Goldin and Katz on Education, Technology, and Growth
For those of you who like a little more serious brand of economics, Harvard economists Claudia Goldin and Larry Katz have an excellent new book entitled The Race Between Education and Technology.
Here is what I said about it on the book jacket:
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.
It tells the story of how the United States got a head start on education relative to other countries, how that head start helped us to achieve economic dominance, and how we’ve now lost that educational advantage. It also details the fascinating interplay between technology and education — how the forces of supply and demand have swung back and forth on those dimensions, and how much of the major changes we have seen in the economy can be explained by just a few key factors.