BooksEconomics

For Equality, Education Matters

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Science  26 Sep 2008:
Vol. 321, Issue 5897, pp. 1779
DOI: 10.1126/science.1163088

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Summary

The Race Between Education and Technology. By Claudia Goldin and Lawrence F. Katz. Belknap Press (Harvard University Press), Cambridge, MA, 2008. 496 pp. $39.95, £25.95, €28. ISBN 9780674028678.

The authors lay out an economic framework for thinking about how technological change and human capital accumulation interact to affect pay and inequality, which, they argue, provides a crucial perspective for understanding the evolution of the U.S. economy.