We have very a disturbing evidence on the relationship between spending and outcomes. We are doing a lousy job of asking what type of education is needed, says Lesme. The skills that they need to get, they are not getting them because our curiculae are completely outdated. Our students don't have ors, teachers don't have necessarily the right skills.
Economist and author Daron Acemoglu of MIT discusses with EconTalk host Russ Roberts the challenge of shared prosperity and the policies that could bring about a more inclusive economy. Acemoglu argues for the importance of good jobs over redistribution and makes the case for the policies that could lead to jobs and opportunities across skill levels.