Early Education, Ability and Earning Capacity

Abstract

This paper draws attention to an extremely commonplace fact: we are educated because we are considered educable. One lesson leads to another: if you stay on in school tomorrow you have almost infinitely more chance of staying on next year as well. Moreover, owing to the internal, intermediate selection procedures of the educational process, and probably also to the constancy throughout adolescence of the genetical and environmental influence, few children change their IQ. It is very hard to believe, but it is the case, that these simple facts remain unstated in nearly all the economic literature on education and human capital.

Citation

Psacharopoulos, G. and Wiles, P. (1980), "Early Education, Ability and Earning Capacity", International Journal of Social Economics, Vol. 7 No. 3, pp. 132-136. https://doi.org/10.1108/eb013861