Goldin And Katz, The Race Between Educators And Technology

Abstract

     Two Harvard economists, Claudia Goldin and Lawrence F. Katz , have written a work that details the intersection of education, technological change, and the economy in the United States in an attempt to understand better what they call " the malaise" the nation entered beginning in 1970. Ultimately, they assert that the "skill bias of technology did not change much across the [twentieth] century, nor did its rate of change." Instead, they claim that the "sharp rise in inequality was largely due to an educational shutdown." They also put their work into a global context when they describe the correlation between technology and education in the United States in comparison to other regions of the world, especially Europe, and how the younger nation pushed past others to achieve the highest educational and productivity levels because of its investment in human capital through educational access.