Until the 1950s, Canadian economists demonstrated little concern about the relationship between education and society's economic performance. In the 1960s, the neoclassical school became preoccupied with education's investment potential and, with the Keynsians, formed a consensus on greatly increased expenditures. In the 1970s, this judgment was…

In the past few years an important beginning has been made toward defining and exploring the major issues in the economics of higher education. The research of economists covers a wide range of problems, from that of the Nation's requirements for college-trained people, to detailed questions of financing. Perhaps no single area of this work offers…