Goldin, Claudia
Race between Education and Technology
- ISBN 13:
- 9780674035300
- author:
- Goldin, Claudia
- format:
- Paperback
- publisher:
- Harvard University Press
- language:
- English
- Publication Year:
- 2009
- Pages:
- 496
- Dimensions:
- 22.9 x 15.2 x 3.6 cm
- Genre:
- Business & Economics
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
The Race between Education and Technology by Goldin and Katz is a historical analysis of the co-evolution of educational attainment and the wage structure in the United States from the 20th century onwards. The authors argue that the American educational system played a crucial role in making America one of the richest nations in the world. From the late 19th century, the US began to expand education beyond primary schools, enabling mass education at the secondary level by 1900. This shift had a significant impact on income and inequality, as the increase in educated workers outpaced demand for them, leading to improved living standards and reduced social disparities. However, since around 1980, this trend has reversed, with rising inequality accompanying a slowdown in educational progress. The authors examine the complex factors behind this reversal and discuss potential solutions to address the growing issue of inequality.