- Paperback: 496 pages
- Publisher: Belknap Press; 6390th edition (March 30, 2010)
- Language: English
- ISBN-10: 0674035305
- ISBN-13: 978-0674035300
- Product Dimensions: 6.2 x 1.2 x 9.5 inches
- Shipping Weight: 1.6 pounds (View shipping rates and policies)
- Average Customer Review: 20 customer reviews
- Amazon Best Sellers Rank: #226,693 in Books (See Top 100 in Books)
Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
The Race between Education and Technology 6390th Edition
Use the Amazon App to scan ISBNs and compare prices.
Frequently bought together
Customers who bought this item also bought
Customers who viewed this item also viewed
This book represents the best of what economics has to offer, combining a broad theoretical perspective, careful consideration of data, detailed lessons from economic history, and a close look at the present. (Alan Krueger, Princeton University)
A masterful work by two leading economists on some of the biggest issues in economics: economic growth, human capital, and inequality. There are fundamental insights in the book, not just about our past but also our future. Rigorous but not overly technical, this beautifully written book will appeal to educated lay people and economists alike. (Steven D. Levitt, University of Chicago, co-author of Freakonomics)
The Race Between Education and Technology will stand as the definitive treatment of changes in income distribution and their causes, as well as of possible countervailing policies towards rising inequality. This is empirical economic scholarship at its finest. (Lawrence Summers, Harvard University)
A staggering achievement of historical research and analysis and required reading for anyone who's tired of glib, ideologically-inspired, trendy prescriptions for how to fix America's education system. (Sylvia Nasar, author of A Beautiful Mind)
An impressive combination of extensive historical research, careful empirical analysis, and thoughtful commentary on one of the most important questions of the day: to what extent does increasing inequality in incomes stem from our failure to increase educational attainment? (William G. Bowen, President Emeritus, The Andrew W. Mellon Foundation)
The Race Between Education and Technology is a most important study, both for what it teaches us about the past and also in presenting policies for the future if America is to regain its world leadership in education. (Stanley Engerman, University of Rochester)
If you want to understand the causes of the innovation deficit, I’d recommend adding one serious book to your summer reading list: The Race Between Education and Technology. (David Leonhardt New York Times 2008-07-02)
This is the most important book on modern U.S. inequality to date. (Tyler Cowen marginalrevolution.com 2008-07-04)
[Goldin and Katz] tackle the most important U.S. economic trend, and, hence, most critical domestic issue--growing income inequality...[America] now has the most unequal income and wage distributions of any high-income nation...Goldin and Katz's careful documentation of the changes in income distribution is an important public service. This alone would make their book essential reading. Yet they also offer a powerful explanation for what has driven changes in income inequality and point to solutions for addressing it...The good news is that if Goldin and Katz are right, the cure for income inequality is one most Americans would intuitively support: improving mass education. Mr Obama's spin-doctors should start translating Goldin and Katz's book into a campaign slogan at once. (Chrystia Freeland Financial Times 2008-08-25)
One of the most important books of the year. (Nicholas D. Kristof New York Times 2008-11-13)
This book represents the best of what economics has to offer, combining a broad theoretical perspective, careful consideration of data, detailed lessons from economic history, and a close look at the present. (Alan Krueger, Princeton University) --This text refers to an out of print or unavailable edition of this title.
Author interviews, book reviews, editors picks, and more. Read it now
Top customer reviews
There was a problem filtering reviews right now. Please try again later.
As I write this, this book is seriously underrated at 3.5 stars, mainly because of three negative reviews that all appear to be based on a misreading of the book, the kind that suggests that those readers started with a strong ideological bias. Yes, the historical data is crude and imperfect. But savaging the book because the authors use the best available data, and use it cautiously and thoughtfully, seems a bit excessive.
The fact remains that the US got to be the richest country in the world in large part because we educated poor and average kids and invested in human capital in a way no one else was doing. The rest of the world figured this out and set out to catch up with us. But then US high school graduation rates peaked around 1970 and have barely budged since then, and other countries have raced past us.
In a foolish attempt to boost graduation rates, most states substantially watered down their graduation requirements. By my estimate, roughly a quarter of all high school grads in the last 25 years do not in fact have what would be considered a 12th grade education in historical terms. This means that our TRUE high school completion rate has slid backwards from around 75% to around 50%. Goldin and Katz make a good case that this explosion in under-educated and under-skilled people relative to the demands of our economy and technology is a key factor in the depression of wages in the bottom half of the economy, the steep decline in social mobility, and the extraordinary increase in inequality in the US.
Students who go to college generally come from the upper half of high school grads, yet anyone who works with college admissions or counseling can tell you that the percentage of students entering college who must take remedial (i.e., high school) courses before they can begin earning college credits has exploded. As a result, it is common for students (including most of the students who can least afford it) to be faced with paying for 1-2 years of "college" that consists of repeating 11th and 12th grade without credit.
Arguments that this is somehow irrelevant and doesn't hurt the economy are just plain dumb. One reviewer goes on at length about how college doesn't help programmers and how college is a luxury good that just works as a classification and selection mechanism. That may be true for gifted kids coming from privileged families and superb secondary schools (think Bill Gates), but it is emphatically NOT true for poor kids, and it is the failure of education for the BOTTOM half to keep up with technology that is at the heart of this book.
If you care about these problems, you need to read this book.