Category Archives: economics of education

Many economists failed ethics pop quiz on feathering own nest, credentialism and rent seeking



Contrary to all reports, more children are walking to school but bikes are on the way out


21 year-old LBJ forbad his Mexican students from speaking Spanish at school. He knew that learning English was central to their chances of escaping poverty

My first job after college was as a teacher in Cotulla, Tex., in a small Mexican-American school. Few of them could speak English, and I couldn’t speak much Spanish. My students were poor and they often came to class without breakfast, hungry. They knew even in their youth the pain of prejudice. They never seemed to know why people disliked them. But they knew it was so, because I saw it in their eyes. I often walked home late in the afternoon, after the classes were finished, wishing there was more that I could do. But all I knew was to teach them the little that I knew, hoping that it might help them against the hardships that lay ahead.
Somehow you never forget what poverty and hatred can do when you see its scars on the hopeful face of a young child.
I never thought then, in 1928, that I would be standing here in 1965. It never even occurred to me in my fondest dreams that I might have the chance to help the sons and daughters of those students and to help people like them all over this country.

From  Special Message to the Congress: The American Promise
March 15, 1965

Good division of skills and challenges