A New Education for a New Economy: From Human Capital to Human Flourishing


Book Description

Providing an in-depth, novel analysis of education’s role in today’s economy by scrutinizing its theoretical underpinnings, this volume critiques the suitability of the current, dominant economic framework for education and for shaping educational policymaking worldwide. Critically examining the history and philosophy that underpin our present societal understanding of the link between economics and education, the book argues for an urgent redefining of education’s role in the economy based on intellectual foundations that significantly differ from our current, dominant conceptions. Across seven chapters, the book posits that the adoption of a new philosophical framework, the reshaping of economic and educational aims, and the adjustment of our educational system are each necessary to better promote human flourishing. Ultimately providing a platform to entirely reconsider the idea that the primary aim of education is to serve the economic system – in particular, economic growth – this book will appeal to scholars, researchers, and postgraduate students studying educational policy, the philosophy of education, and the history of education more broadly. Education policymakers and academics studying education and the economy may also find this book of interest.







Human Capital


Book Description

Human Capital is Becker's classic study of how investment in an individual's education and training is similar to business investments in equipment. Recipient of the 1992 Nobel Prize in Economic Science, Gary S. Becker is a pioneer of applying economic analysis to human behavior in such areas as discrimination, marriage, family relations, and education. Becker's research on human capital was considered by the Nobel committee to be his most noteworthy contribution to economics. This expanded edition includes four new chapters, covering recent ideas about human capital, fertility and economic growth, the division of labor, economic considerations within the family, and inequality in earnings. "Critics have charged that Mr. Becker's style of thinking reduces humans to economic entities. Nothing could be further from the truth. Mr. Becker gives people credit for having the power to reason and seek out their own best destiny."—Wall Street Journal







Three Essays on Teacher Labor Markets in Thailand


Book Description

The first essay of this dissertation examines the role of teacher characteristics in schools on student outcomes using datasets from TIMSS 1999 and TIMSS 2007 international tests. Taking an advantage that students have to take both mathematics and science subjects from different teachers, I use the method of First Difference (FD) analysis in order to remove the potential biases between teacher attributes and unobserved student characteristics. The findings show some contradictory outcomes between the FD analysis and ordinary least squares (OLS) analysis. The second essay looks into the problem of recruitment of well-qualified high school and college graduates to work as primary and secondary school teachers. I compare teacher salaries and benefits vis-à-vis other mathematics and science-oriented professions namely medical professions, engineers, accountants, scientists and nurses. In addition, I compare incomes between people who graduate from teacher colleges and non-teacher colleges. Using data from Thailand Labor Force Survey from 1985 to 2005, I find that teachers are the most poorly paid of all professions, including nurses. The difference in terms of an opportunity cost between male and female teachers is also striking. Among the graduates from teacher colleges, male graduates earn more than their peers if they chose other occupations whereas female graduates earn less if they make other choices. The third essay looks at the reasons teachers choose part-time jobs, the type of jobs they choose, and the amount of income they receive from these jobs, as well as factors influencing these decisions. I find that approximately 20-25% of Thai teachers participated in moonlighting activities. The majority of them have part-time jobs including tutoring, selling food and other products, and farming. Low salaries and high level of indebtedness are the most important factors associated with the increased likelihood of having a part-time job. However, economic status does not correlate significantly with their decision to tutor as their part-time job.




Resources in Education


Book Description







Research Handbook on the Sociology of Education


Book Description

Presenting original contributions from the key experts in the field, the Research Handbook on the Sociology of Education explores the major theoretical, methodological, empirical and political challenges and pressing social questions facing education in current times.