Funding Human Capital

By Anthony Rebora — December 04, 2008 1 min read
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On the political site Talking Points Memo, economist and former U.S. Secretary of Labor Robert Reich asks why we’re bailing out Wall Street investment banks but not public schools:

It's absurd. We¹re bailing out every major bank to get financial capital flowing again. But we¹re squeezing the main sources of our nation's human capital. ... Don't get me wrong: I¹m not saying funding is everything when it comes to education. Obviously, accountability is critical. But without adequate funding we can¹t attract talented people into teaching, or keep class sizes small enough to give kids a real chance to learn, or provide them with a well-rounded curriculum, and ensure that every qualified young person can go to college.

A version of this news article first appeared in the Blogboard blog.