The Power Of Education: Boosting Economic Growth In The Long Run

Published: September 5, 2017

Widespread proficiency in math and reading creates a strong foundation for more advanced knowledge and productive work. Unfortunately, U.S. proficiency in math and reading hasn’t kept up with the rest of the world. If American students become more proficient in math and reading, long-run economic growth will follow.

Discussion Questions

1. Which nations have invested in their education wisely and reaped the benefits?
2. What led the U.S. to shift its focus away from its education system?
3. What can schools do to increase their students’ proficiency in math and reading?

Additional Resources

1. Read the book this video is based on: “Endangering Prosperity: A Global View of the American School” by Eric Hanushek, Paul Peterson, and Ludger Woessmann
2. “Higher Grades, Higher GDP” by Eric Hanushek and Paul Peterson
3. “It Pays to Improve School Quality” by Eric Hanushek, Jens Ruhose, and Ludger Woessmann
4. Listen to Eric Hanushek on EconTalk with Russ Roberts