Tag Archives: education

Higher education failing to challenge inequity – Report

Countries in Sub-Saharan Africa have failed to move their tertiary education systems from highly elitist to mass-based when compared with other regions in the world, according to a new World Bank study.

According to the report Sharing Higher Education’s Promise Beyond the Few in Sub-Saharan Africa , released on 31 October, international experience suggests that university education often starts off being biased towards the elite but as it expands it becomes more equitable. This has not been the case in Sub-Saharan Africa.

“Subsequently, the selection process has remained based on persistent and systemic social and economic inequities and disparities dictated by […]

Tax Reform, Tuition Waivers, and Economic Mobility

“Before any great things are accomplished, a memorable change must be made in the system of education and knowledge must become so general as to raise the lower ranks of society nearer to the higher. The education of a nation instead of being confined to a few schools and universities for the instruction of the few, must become the national care and expense for the formation of the many.”—John Adams There has been much ado recently (including on Surly ) about the fact that the current version of tax reform before the House of Representatives repeals Section 117(d) of […]

Tax Reform, Tuition Waivers, and Economic Mobility

“Before any great things are accomplished, a memorable change must be made in the system of education and knowledge must become so general as to raise the lower ranks of society nearer to the higher. The education of a nation instead of being confined to a few schools and universities for the instruction of the few, must become the national care and expense for the formation of the many.”—John Adams There has been much ado recently (including on Surly ) about the fact that the current version of tax reform before the House of Representatives repeals Section 117(d) of […]

CATO institute: “Wealth inequality has a negative relationship with economic growth

Our first finding is that wealth inequality has a negative, statistically significant relationship with economic growth, while the effect of income inequality is insignificant or only borderline significant, and the effect of poverty is statistically insignificant in nearly all specifications. Hence, using an encompassing model, we show that in head-on comparisons it is wealth inequality, rather than income inequality or poverty, that is significantly related to economic growth. Does Wealth Inequality Matter for Growth? The Effect of Billionaire Wealth, Income Distribution, and Poverty

(that must have been hard for them to admit)

Also of note: […]

The Paradise Papers Are Just a Glimpse at the Unreal Wealth Gap


A new report on spiraling inequality in America is even more concerning given what the Paradise Papers showed us about how good rich people are at hiding money.

Matt Taylor

Nov 9 2017, 6:03am Photo via Shutterstock/Image by Lia KantrowitzSix years after Occupy Wall Street got many of us talking, however briefly, about the yawning gap between rich and poor, economic inequality still propels American life. Donald Trump became president in part because he spoke to the large number of white Americans who felt economically and culturally adrift—and believed an out-of-touch elite was screwing them over. Of course, […]

Revisiting Harvard and the American Dream


Harvard University campus (Elise Amendola/AP) Like many others, we have closely followed and admired the important work of a former Harvard colleague, Raj Chetty. With access to millions of anonymous tax records, Chetty and his team at the Equality of Opportunity Project have powerfully confirmed what many have long feared about declining upward mobility in America.

Chetty’s new insights about the role of U.S. colleges and universities as engines for intergenerational mobility should be considered especially relevant for us here at Harvard and places like it. The team’s latest working paper , released alongside a set of publicly available mobility […]

New College Ranker Claims Others Have Bias Toward Wealthy


A new college ranking system reflects increasing complaints about previous listings as being biased toward the wealthy. Article Tags As college rankings grow in number, criticism has increased. The grandfather of all college rankings is the annual listings of best colleges by U.S. News and World Report , which began in 1987. The Wall Street Journal (working with Times Higher Education ) and Forbes also rate colleges.

The online magazine Politico took aim at the U.S. News rankings in September. “A Politico review shows that the criteria used in the U.S. News rankings—a measure so closely followed in the academic […]

The century gap: Low economic mobility for black men, 150 years after the Civil War

Social-Mobility

Editor’s Note:

On Tuesday, September 5th, the Brookings Institution’s Center on Children and Families and the Race, Prosperity, and Inclusion initiative will host J.D. Vance, author of Hillbilly Elegy, and William Julius William, author of The Truly Disadvantaged, to further explore the race and class divide in America. To register for this event, please click here.

The legacy of American racism is dominating the headlines again. One of the arguments used against the removal or relocation of Confederate symbols is that “it is simply part of our history”. This is not the case. The results of the enslavement, disenfranchisement […]

Reaching Beyond the Money Bubble


Children in an after-school program on the playground at a recreation center in the Thomasville Heights neighborhood in Atlanta. Angie Allen moved to Atlanta in 1971 and began working as an equities trader at Bear Stearns. She thrived in finance and was paid accordingly. In 1990, she co-founded an investment management firm, Globalt Investments, and sold it 12 years later to Synovus Financial Corporation.

Given her professional success, she lived in the city’s nicest neighborhoods. For a while she had a home in Buckhead, in a desirable northern section of Atlanta. Now she and her husband, Sam, live in Ansely […]

Inequality, economic models and the Russian Revolution

Protest at the European Commission, February 2016 (Credit: Joel Schalit/Flickr)

Protest at the European Commission, February 2016 (Credit: Joel Schalit/Flickr) Utopian socialists believed that socialism is inevitable because it is a more rational system for organising production and life, a system more in line with the ‘good’ nature of human beings.

Marxism rejected this reasoning, replacing it with what is known as historical materialism: social systems, it argued, emerge, develop, and die not because they correspond more or less to the ‘natural’ aspirations of the people, but because they become more or less competitive in the process of historical evolution – a version of social Darwinism applied not to individuals, […]