Can education beat inequality? | World Economic Forum – Gilpin Faust, President Harvard University

English: Official logo of the World Economic F...

English: Official logo of the World Economic Forum. (Photo credit: Wikipedia)

Harvard Yard, Widener Library, preparations fo...

Harvard Yard, Widener Library, preparations for inauguration of President Drew Faust (Photo credit: Wikipedia)

 

This is a powerful article by Drew Gilpin Faust, President, Harvard University, published in the WEF. He argues that inequality will continue to cast a long shadow on humanity’s progress unless we choose to act.

Source: Can education beat inequality? | World Economic Forum

Personally, I have always been a passionate believer in education being a social leveler. However, there’s enormous inertia, with privilege and wealth ensuring that education is a two tier system. Often young people struggle to gain college degrees in less prestigious universities, only to find themselves at a disadvantage in the jobs market. The less privileged accumulate enormous debt to finance education whereas the wealthy can look to their families. In the job markets, work experience again follows those with elitist education and connections.

Despite all these reservations, education is critically important.

Thoughts?

Icelandic PM resigns over Panama Papers revelations | Coffee House – The Spectator

The Spectator

The Spectator (Photo credit: Wikipedia)

The Spectator reports that Iceland’s Prime Minister has become the first politician to step down over the Panama Papers leak. Sigmundur Davíð Gunnlaugsson has today resigned following allegations his family invested millions of pounds in an offshore firm.

Source: Icelandic PM resigns over Panama Papers revelations | Coffee House

This of course is the tip of the iceberg.

The message is simple the public do not like double standards with one set of rules for the rich and powerful.

I fear despite the allegations little will really change just a few vulnerable political casualties.

Thoughts?