A Quote by Derek Bok

Ever since economists revealed how much universities contribute to economic growth, politicians have paid close attention to higher education. — © Derek Bok
Ever since economists revealed how much universities contribute to economic growth, politicians have paid close attention to higher education.
The demise of higher education as a public good is also evident in light of the election of a number of right-wing politicians who are cutting funds for state universities and doing everything they can to turn them in training centers to fill the needs of corporations. This new and intense attack on both the social state and higher education completely undermines the public nature of what education is all about.
Much of what's called 'public' is increasingly a private good paid for by users - ever-higher tolls on public highways and public bridges, higher tuitions at so-called public universities, higher admission fees at public parks and public museums.
For decades, British governments - including the Blair-Brown government in which I was an education minister - have done a good job of enhancing higher education but paid too little attention to apprenticeships and technical education.
Economists who have studied the relationship between education and economic growth confirm what common sense suggests: The number of college degrees is not nearly as important as how well students develop cognitive skills, such as critical thinking and problem-solving ability.
Fiscal decentralisation does not lead to higher economic growth because economic growth is much more driven by factors other than taxes and spending, e.g. increases in technological progress and improved human capital.
The growing role of technology and professional courses in the universities must be tapped to encourage more women to take up the courses and to contribute to the economic growth.
One of the most compelling arguments for encouraging the education of girls, particularly in developing countries, is this: Education enables jobs, jobs are a source of economic growth, and economic growth is a key to development and stability.
This is the first age that's ever paid much attention to the future, which is a little ironic since we may not have one.
Countries with higher levels of gender equality have higher economic growth. Companies with more women on their boards have higher returns. Peace agreements that include women are more successful. Parliaments with more women take up a wider range of issues - including health, education, anti-discrimination, and child support.
Economic growth is important. But we cannot count on economic growth alone to fund the public education system our children need and deserve.
Economic growth is the key. Economic growth is the key to everything. But once you have economic growth, it is important that we reach out to people who live in the shadows, the people who don't seem to ever think that they get a fair deal.
Ever since the Industrial Revolution, investments in science and technology have proved to be reliable engines of economic growth. If homegrown interest in those fields is not regenerated soon, the comfortable lifestyle to which Americans have become accustomed will draw to a rapid close.
We are moving in exactly the wrong direction in higher education. Forty years ago, tuition in some of the great American public universities and colleges was virtually free. Today, the cost is unaffordable for many working class families. Higher education must be a right for all - not just wealthy families.
Most high governmental officials who speak of education policy seem to conceive of education in this light - as a way to ensure economic competitiveness and continued economic growth. I strongly disagree with this approach.
Even a wizard would have a great deal of difficulty repealing the economic law that higher minimum wages reduce employment. Since politicians are not wizards, they should not try.
The claim made by Team Obama that every dollar in stimulus translates into a dollar-and-a-half in growth is economic fiction. The costs of stimulus reduce future growth. No country has ever spent itself to prosperity. The price of stimulus has to be paid sometime.
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