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A prolegomena to any future Post Keynesian education policy

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  • Steven Pressman

Abstract

This paper sets forth some Post Keynesian policy proposals concerning education. It first reviews U.S. education problems and the neoclassical solution to them, which relies on increasing competition and consumer choice. The paper then reviews the empirical literature on these topics, and concludes by setting forth a Post Keynesian approach to the U.S. education problems that is supported by these empirical findings. This approach would focus more on providing sufficient income to children of low-income households as well as additional educational spending. It would reject tracking students, and support standards and funding at larger levels of government than the local level.

Suggested Citation

  • Steven Pressman, 2007. "A prolegomena to any future Post Keynesian education policy," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 29(3), pages 455-472.
    • Handle: RePEc:mes:postke:v:29:y:2007:i:3:p:455-472
    DOI: 10.2753/PKE0160-3477290305
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