“AS I SEE THINGS: The knowledge economy”

But what exactly are these economists and pundits zeroing in on? Logically, the focus here has to be on that critical nexus between education, technological, and hence, economic development. In a sense, to properly contextualise the argument, we can ask this simple question: What is the difference between the “old” days and today when it comes to the techniques applied in the production of goods and services? The clear answer is education and the technology that it has spawned. In a practical sense, that technological revolution to which we often refer — the outcome of education — is precisely what is meant when people speak of the “knowledge economy”. — See more at: http://www.nationnews.com/nationnews/news/86183/-knowledge-economy