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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (27045)	8/23/2006 2:44:13 PM
From: TimF	Read Replies (1) \| Respond to of 541339

Krugman is an example of how more education results in a higher income. Shouldn't need an example of it. It's perfectly obvious. Its an obvious connection but what that Krugman seems to be downplaying. Not ignoring totally but considering a minor factor compared to political changes. To clarify it isn't just that more education results in higher income, but that increased education has a bigger effect than it used to have in terms of getting a higher income. The fact that more education leads to higher income wouldn't necessarily lead to an increase in inequality over time, but if the strength of this effect is increasing you would get an increase in inequality.