Economist and education expert Eric Hanushek has found that a nation’s education level determines a significant chunk of its economic growth. And in a forthcoming paper, his research suggests that if US teacher quality rose to match the level of the world’s best perfoming school systems, such as Finland and South Korea, US economic growth could rise by as much as 0.8 percentage points per year. And yet all our indicators suggest American education continues to lag behind. So what is wrong with our education system, and what can be done about it? Hanushek joins me to discuss this and a lot more.
Eric Hanushek is a visiting scholar at AEI and a Senior Fellow at the Hoover Institution, where his research focuses on education policy and its impact on economic growth.
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