Changes in the demand for higher education in postwar Japan are analyzed. Three simple conceptual models of the anticipated benefit of education are considered, along with the validity of each model in explaining changes in aggregate demand for college. A classical model assumes that individuals know about the prevailing wage structure and expect…

Discusses the tendency in the United States to blame either Japanese business or the educational system for the economic woes of the United States. Argues that, instead of choosing scapegoats, the United States should focus on solving social problems. Suggest that social studies teachers work to help students overcome prejudice toward the…