Friday, June 06, 2014

Matt Bruenig on higher education and inequality

He is not convinced that higher education contributes the reduction of inequality. In the context of developing countries, Lant Pritchett says that the opposite is true:
"Education and technology aren’t the answer
One common belief among people working in international development is that a poor country can be changed by improving its education system, but Pritchett’s research suggests otherwise. The problem in poor countries is that they cannot make effective use of their people’s skills, Pritchett said, so giving them more skills does lead to development. Counter-intuitively, his research has shown that countries whose education system improves actually grow slower on average. He suggests that one reason for this may be that putting more educated people into a corrupt bureaucracy may result in more sophisticated corruption."

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