Human Capital[1]

[1] Professor Hannah's article was originally broadcast on BBC Radio 3 in November 1986; we are grateful to the BBC for permission to publish it in the Oxford Review of Education (Editors).

Abstract

abstract There is plenty of evidence that Britain has underinvested in education and now has a smaller base of educated manpower than many industrial competitors. While much debate has centred on what the government can do about it, the government itself now places much hope on the private sector. Yet much government and business policy is at odds with this objective which seems to owe more to romanticism about capitalism than to hard‐headed appreciation of where the market really can deliver the educational goods by creating appropriate private incentives.

[1] Professor Hannah's article was originally broadcast on BBC Radio 3 in November 1986; we are grateful to the BBC for permission to publish it in the Oxford Review of Education (Editors).

Notes

[1] Professor Hannah's article was originally broadcast on BBC Radio 3 in November 1986; we are grateful to the BBC for permission to publish it in the Oxford Review of Education (Editors).