From Pre-K to Political Willpower: The Economic Case for Investing in Education
In U.S. economic development, it is rare to find practitioners focused on education as a strategy for job growth and increasing the median wage. Instead, the focus is typically on attracting companies and high-skilled talent to boost job and revenue generation. I don’t argue this is not an important strategy, but it is only one half of the solution. Focusing on job creation while underinvesting in the local talent pipeline will exacerbate existing inequalities, frustrate employers seeking local talent, and stunt local economic growth. The one-sidedness of our approach is concerning, but wha...