[lbo-talk] How much do college students...

David Green davegreen84 at yahoo.com
Thu Feb 3 05:53:19 PST 2011


Doug wrote:

Gordon's point is that productivity won't be increasing very rapidly in the coming decades. If income growth sucks now, it's really going to suck if he's right. He also said that the U.S. was about the only country in the world where younger cohorts are not surpassing the educational attainment of older cohorts. He didn't mention standardized tests, as I recall.

And of course education has something to do with productivity - I don't even see the point of making the argument. How the gains of productivity are distributed is a political question. But productivity does put an upper bound on income growth.

    Doug, do you think that anything that our educational system could have done over the past 30 years could have increased the current  productivity of the American worker? Do you think that there are any jobs going unfilled because there are not workers with the skill to perform them at an adequately productive level? Do you think that other countries that have "better" educational systems enable their workers to be more productive?

  David



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