The following presentations are included in this document: "A Nation of Students" (Lamar Alexander); "Businesses Are Clamoring for Skilled Workers" (Betsy Brand); "We Need to Be Partners in Reality" (Roberts Jones); "The Value of a Working Parent as a Role Model" (JoAnne Barnhart); "Human Capital Is…

A study examined the role of employer training in ameliorating skill shortages and enhancing productivity and competitiveness. The study established that formal training by specialized personnel accounts for only 5-10% of the time newly hired workers are engaged in training activities and that existing labor market research instruments fail to…

The "new" economics of education replaces the "old" economics expressed in human capital theory, which viewed education as contributing to individual enhancement and ultimately to economic betterment. The "old" economics foundered on the rising levels of youth unemployment, a result of declining productivity and…

The first of three issues presents seven articles dealing with recent developments in educational research. The first article, "Black College Faculty: A Dwindling Resource," discusses the relative lack of black college teachers and the declining interst of new black Ph.D.s in careers in academia. The second article, "Introducing the…

The roles played by occupational education in the U.S. economy are changing. Because of the growing demand for and shrinking supply of skilled workers, economic success--of the nation and of individual members of the work force--is increasingly tied to educational and occupational attainments. Unless the nation increases its investment in…

This paper examines the government's role in financing human capital investments. It first examines why private investments in education, training, and other forms of human capital are likely to fall short of socially desirable levels. It then reviews past trends in public support for human resource investments. Finally, it discusses current…

Education in America is facing a postindustrial crisis of legitimacy brought on by the cultural contradictions of advanced American capitalism. The theorist and social critic, D. Bell, describes the most significant feature of postindustrial society as "the disjunction of realms." This concept describes the progressive division of labor…

Research indicates that the education of Philippine women pays off in the economic growth of the country. Previous research which examined women's contribution to national income in six countries indicated that levels of educational attainment and levels of per capita national income were positively or moderately associated in five of the…

During the period from 1949 to 1984, industry's share in the national economy of the Peoples' Republic of China rose from 30 percent to 60 percent. Despite raising literacy over the same period from 20 percent to over 75 percent, the Chinese educational system has failed to keep pace with the economy's rapidly expanding need for trained…

Implicit in the human capital approach of 20th-century educational rhetoric in Australia was the belief that schools imparted vocationally useful cognitive skills beyond basic literacy and numeracy. These skills were believed to be transferable to the workplace and to increase the productivity of the individual to the benefit of society. For…

After World War II, an optimistic, rationalist ideology infused with Jeffersonian values influenced worldwide educational growth. The idea of a universal, free, compulsory system replaced an older elitist ideology. The equality ideology held that (1) cultural integration was necessary for national unity and (2) a shortage of trained manpower was…

This paper questions whether public concerns about educational quality and slow economic development in Appalachia are being addressed adequately and suggests that the problem of lagging educational performance is rooted in the social and economic environment within which schools operate. Recent high unemployment in south central Kentucky and its…

The relationship of human capital formation variables and unemployment status was evaluated by interviewing 1,493 families (1 adult member responded per household) in 1975 in a 5-county area of rural, Appalachian Ohio. The primary research objective was to determine the factors predictive of length of unemployment using the "investment"…

The present status of higher education in the United States is considered, based on the theory of development of human capital, which proposes that the developed abilities of a nation's population are fundamental to its economic growth and well-being. Attention is also directed to social and cultural benefits. The following ideas are stressed:…

The relationship of postsecondary education to the economy in Ohio is discussed. Attention is focused on efforts of the Ohio Board of Regents and the Ohio Department of Development to foster economic development and revitalization. Information is included on the Ohio Board of Regents'"Master Plan for Higher Education," along with…