On Wed, Mar 12, 2014 at 2:35 PM, Charlie <[email protected]> wrote:
> Piketty quoted in NY Times interview: > > "Is there a politically feasible antidote? Professor Piketty notes that > the standard recipe - education for all - is no match against the > powerful forces driving inherited wealth ever higher." > > Piketty in his book: > "To sum up: the best way to increase wages and reduce wage inequalities > in the long run is to invest in education and skills." (p. 313) > > To be fair, the book quote is about wage inequality, not the larger > inequality of inherited wealth. But he does say endorse education as the > best way to increase wages. > Well it is true isn't it, that investing in education and skills is a good way to reduce wage inequalities? Of course, "education and skills" are one thing and a "degree" is another thing entirely, especially if it is from Devry Institute or similar. -raghu.
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