Sunday, November 9, 2008

Joseph Stiglitz,Nobel Laureate in Economics

Professor Stiglitz of Columbia University published "MorePain to come, Even if Obama is perfect" in the Washington Post on Sunday Outlook on page B3:

"...A major problem Obama has to tackle is growing inequality in USA. Some of these trends will take decades to reverse, but ensuring that no Americans are denied a college education because they can't afford it,providing adequate funding for public schools and so forth would be a good beginning. "

I have been advocating public community colleges as positive externalities for optimum point re the Demand and Supply Curve to be shifted in graphic presentation leading to the increase of college-educated Americans as human resource to reduce the growing inequality in USA. "The Future of Community Colleges" was so dedicated and published by the Congressional Record,July 18, 1974 to be a reference to reinforce the same line of reasoning as Professor Siglitz pointed out in the article. Three Georgetown University professor published the same thought in the Washington Post,Oct.19,2008. It is always desirable to compare thoughts with other thinkers to try to resolve economic problems in education.

Francis Shieh a.k.a. Xie Shihao on November 9, 2008 at 3.50 p.m.

No comments: