This monograph examines the claim that national economic competitiveness, social justice and individual prosperity, depend on developing a high-skill, high-wage workforce. Based on an analysis of global trends in education, employment and the labour market, we challenge the policy focus on...

For decades, the idea that more education will lead to greater individual and national prosperity has been a cornerstone of developed economies. Indeed, it is almost universally believed that college diplomas give Americans and Europeans a competitive advantage in the global knowledge wars....

For decades, the idea that more education will lead to greater individual and national prosperity has been a cornerstone of developed economies. Challenging this conventional wisdom, The Global Auction forces us to reconsider our deeply held and mistaken views about how the global economy really...