The Economics of Selective Knowledge

-------------------------------------------------------------The Lisbon Council: In a landmark study, OECD education expert details poor performance of European education. Europe risks falling further behind in 21st century economic race unless it manages to make skills and knowledge a top priority. The OECD: The economics of knowledge: Why education is key to Europe's success. In a study released by the Lisbon Council, OECD education expert Andreas Schleicher shows that educational progress in Europe is lagging behind, in terms of the quality and quantity of its graduates, in openness of its education systems to students from all social…Read more …

Technonationalism and Economic Globalism

This month's Far Eastern Economic Review featured an interesting article about Asia's nationalist policies in the globalised field of science and innovation. Here are a few sections, but read the full story here (free access).P.V. Indiresan, the former director of the Indian Institute of Technology Madras: "The future of both China and India is at risk, because neither owns the technology it operates; the intellectual property continues to remain in the West. The short answer to this problem is that we should develop our own technology; we should acquire so much intellectual property…Read more …