Book Review: Does Education Matter?: Myths about Education and Economic Growth
In the book 'Does Education Matter? Myths about Education and Economic Growth' published by Penguin, the author Alison Wolf questions the touted link between increased spending on higher education and economic growth.
THE BOOK "Does Education Matter? Myths about Education and Economic Growth" is a topical book that provides the critical appraisal of the education system of Britain, which also holds good equally for other nations too.
The author of the book Alison Wolf holds that a large proportion of money is being poured into higher education and technical courses, which might be better spent on teaching the basics at primary school and improving the school education.
In the book published by Penguin, the author questions the touted link between increased spending on higher education and economic growth. The book holds that there was a need to challenge the assumption that spread of higher education is the precondition for the economic success of a nation.
The book spread over 332 pages has eight chapters to make a case for more investment for quality education at the primary level perused during the formative years of an individual. The book critically examines current educational policy and failure of vocational education.
The chapters have provocative titles such as: A truly world-beating industry: the growth of formal education; Elixir or snake oil? Can education really deliver growth?' A great idea for other people's children: the decline and fall of vocational education; Does business knows best? Why worry about training; the tyranny of numbers and the growth of the modern university; Pyramids and payments: the higher education market; and conclusion.
University education and technical education have become obsessions with public figures and are being wrongfully seen as economic panacea for prosperity of masses when the need of the hour is improving basic education.
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