Human Capital

A Simple Equation: More Education = More Income By EDUARDO PORTER, The New York Times, SEPT. 10, 2014. [Excellent article: In the US, the more educated earn more than the less educated -- duh! -- and their kids get educated at higher rates than the kids of the less educated. This leads to worsening and self-perpetuating economic inequality. The returns to education are very high in the US. It makes sense for the government to take the lead in educating the children of the relatively poor and the relatively less educated. Indeed, that's what the US used to do, until the 1970s. That's when many of the usual indicators of an egalitarian society seem to have suddenly taken a wrong turn. Porter puts the blame on rapid demographic change that shook the society's altruistic instincts.]

Are the Job Prospects of Recent College Graduates Improving? By Jaison R. Abel and Richard Deitz, Liberty Street Economics (blog), Federal Reserve Bank of New York, SEPTEMBER 04, 2014. [This post is the fourth in a series of four Liberty Street Economics posts examining the value of a college degree.]

College May Not Pay Off for Everyone By Jaison R. Abel and Richard Deitz, Liberty Street Economics (blog), Federal Reserve Bank of New York, SEPTEMBER 04, 2014. [This post is the fourth in a series of four Liberty Street Economics posts examining the value of a college degree.]

Staying in College Longer Than Four Years Costs More Than You Might Think By Jaison R. Abel and Richard Deitz, Liberty Street Economics (blog), Federal Reserve Bank of New York, SEPTEMBER 03, 2014. [This post is the second in a series of four Liberty Street Economics posts examining the value of a college degree.]

The Value of a College Degree By Jaison R. Abel and Richard Deitz, Liberty Street Economics (blog), Federal Reserve Bank of New York, SEPTEMBER 02, 2014. [This post is the first in a series of four Liberty Street Economics posts examining the value of a college degree.]

The Great Divide: Lifelines for Poor Children By JAMES J. HECKMAN, Opinionator (blog), The New York Times, September 14, 2013. [While education is a great equalizer of opportunity, American programs donít start early enough. Nor do they produce the skills that matter most for personal and societal prosperity.]

The Great Stagnation of American Education By ROBERT J. GORDON, Opinionator (blog), The New York Times, September 7, 2013. [The decline in educational attainment ó more high school dropouts, poor-quality schools ó has serious consequences for the economy.]

Ivy League or Also-Ran? Does It Matter? By TOM REDBURN, The New York Times, April 21, 2002.

More Graduates Mired in Debt, Survey Finds
By DIANA JEAN SCHEMO, The New York Times, March 8, 2002.

SCIENCE JOURNAL: CEOs Worry About the Future Of New Generation of Engineers By SHARON BEGLEY, THE WALL STREET JOURNAL, June 7, 2002.

For Students Seeking Edge, One Major Just Isn't Enough By TAMAR LEWIN, The New York Times, November 17, 2002.

Weighing workers' worth: Older employees will find little joy in studies of human assets By Ed Crooks, The Financial Times, November 6, 2001.