Thursday, November 13, 2008

Greg Mankiw's Blog: Kristof on Education

Greg Mankiw's Blog: Kristof on Education
The most effective anti-poverty program we could devise for the long run would have less to do with income redistribution than with ensuring that poor kids get a first-rate education, from preschool on. One recent study found that if American students did as well as those in several Asian countries in math and science, our economy would grow 20 percent faster.
Even if manic depressive economic turn we should not mess around our education. It says. Economic is intoxicating, need a habitual shooting its vein for stopping its agitation but if root is rotten, the shooting is remain as a habitual shooting, problems won’t go away. All comes to economics, why economic is so important? Why economics is dominated our life in this way? Everything intermingled together... we have lots rain so good for us so good for the economy