Can we boost earnings by increasing learning? A Q&A with SEII Director Josh Angrist

November 8, 2017

Human cap­i­tal, that is, edu­ca­tion and workforce-related skills, is the sin­gle most impor­tant sys­tem­atic deter­mi­nant of eco­nomic well-being. Each year of addi­tional school­ing appears to raise earn­ings by about 10%, an intrigu­ing fact.  Does that mean we can boost earn­ings by increas­ing learn­ing?  What about school qual­ity?  Some sorts of school­ing appear to be worth more than oth­ers. ” - Josh Angrist, MIT SEII Director and Ford Professor of Economics