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Economics and education Main article: Economics of education 2

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Economics and education Main article: Economics of education 2 Empty Economics and education Main article: Economics of education 2

Post by Abhinavuser123 Thu Aug 16, 2012 9:06 am

At the individual level, there is a large literature, generally related back to the work of Jacob Mincer,[42] on how earnings are related to the schooling and other human capital of the individual. This work has motivated a large number of studies, but is also controversial. The chief controversies revolve around how to interpret the impact of schooling.[43][44]
Economists Samuel Bowles and Herbert Gintis famously argued in 1976 that there was a fundamental conflict in American schooling between the egalitarian goal of democratic participation and the inequalities implied by the continued profitability of capitalist production on the other.[45]
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