(Mobile library) The Global Auction: The Broken Promises of Education, Jobs, and Incomes






 | #840305 in eBooks |  2010-11-10 |  2010-11-10 | File Name: B004GXAH32


||1 of 1 people found the following review helpful.| A sobering review of jobs for the middle class|By Daniel Wai|This is a great read for everyone in the developed and developing world. Machines, algorithms and high-skill low-cost labor in the emerging market are going to put relentless downward pressure on wages of middle class jobs. As everyone gets more educated, bachelor and master degrees allow young people only to maintai| ||"A brilliant new book."--Andrew Reinbach, The Huffington Post||"The Global Auction is a must-read for parents, college students, and policymakers. It poses a central contradiction. We press the message to our children: 'Study. Get degrees.

For decades, the idea that more education will lead to greater individual and national prosperity has been a cornerstone of developed economies. Indeed, it is almost universally believed that college diplomas give Americans and Europeans a competitive advantage in the global knowledge wars.

Challenging this conventional wisdom, The Global Auction forces us to reconsider our deeply held and mistaken views about how the global economy really works and ...


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