The core purpose of this paper is to describe a new educational paradigm as well as possible directions and tasks for education reform in the 21st century. The present-day education system has failed to nurture the kind of creative people who can play leading roles in development or to produce citizens of a good character and democratic…

Discusses the projected benefits, costs, and rates of return on human and physical capital expenditures for education and condiders alternative areas of educational investment in an effort to determine which specific expenditure areas are potentially most advantageous. (Author/JG)

This report indicates a relative increase on the returns to Black education in the South when compared with the results of earlier studies. (JH)

This paper develops a practical guideline for intellectual capital measuring and reporting in the context of teacher education institutions. Intellectual capital is obviously the foundation for knowledge-centric organizations like teacher training colleges. According to Bertrand Russell: "The defense of the state in all civilized countries is…

To accomplish their mutual objectives, corporations and institutions of higher education should review existing relationships and evolve new ones. There are both barriers and incentives to cooperation, and leadership is needed to act on the variety of options. (SK)

Studies on the economics of education in the course of the last ten years, in France and elsewhere, fall into 3 categories which correspond to 3 levels of elaboration of a new ideology of education, the origin of which is also found in the sociological approach upon which the modern economics of education is based. (Authors)

Vocational agriculture has avoided the narrow vocationist view in program design and operation. Vocational agriculture should promote socialization because, first of all, vocational agriculture is education, a social or people program. Achievement of human resource development should take precedence over other resource development. (SSH)

Examines the connection between resource allocation and its anticipated results by emphasizing the multi-level nature of the educational system, the importance of nonpurchased resources, and the effect on learning of both the manner in which the classroom is structured and the mix of peers with whom students learn. (Author/IRT)

Describes three scenarios for the future workplace: (1) the Wave--high demand for smart products, high degree of connectivity, high ability of intellectual capital to attract financial capital; (2) the Current--high demand and connectivity, low ability to attract capital; and (3) the Wake--low demand and ability to attract, high connectivity. (SK)

Defines knowledge management and corporate portals and provides a model that can be applied to assessing return on investment (ROI) for a knowledge management solution. Highlights include leveraging knowledge in an organization; assessing the value of human capital; and the Intellectual Capital Performance Measurement Model. (LRW)

Estimates the effects of higher minimum wages on school enrollment using the Common Core of Data. Controlling for local labor market conditions and state and year fixed effects, finds some evidence that higher minimum wages reduce teen school enrollment in states where students drop out before age 18. (23 references) (Author/PKP)

Compares the distribution of test scores at age 13 in 1964 and 1982 and wages later in life across 11 countries. Finds that wage dispersion later in life is never greater than test-score dispersion. For three countries (U.S., UK, and Japan), finds evidence of skill-biased changes in wage dispersion between the early 1970s and the late 1980s.…

Argues that human capital formation is the key to economic growth, that U.S. students are falling behind the rest of the World in math and science achievement because of the decline in the quality of their schooling, and that without better schools, other factors such as a quality higher education system may not sustain future U.S. economic…

Seeks to demonstrate that cooperative education is the epitome of human capital investment and, therefore, co-op should adopt the simple, relevant, and well-established classification strategy founded in economics. (JOW)

Human capital invests in new forms of physical capital, hence, human capital is key to economic progress. Lists eight attributes of human capital; for example, human capital cannot be separated from person who has it, and human capital is not visible. Human capital is necessary component when attempting to improve a person's income and welfare in…