ABSTRACT

Summary: This article considers recent trends and possible developments in the economy, especially in connection with technological change. It argues that a likely scenario is one in which the overall demand for labour falls. It then follows that the costs of financing recurrent education will fall. Indeed, if the economic system is slow to adjust, these costs will become zero or negative. Thus the main problems of recurrent education in the future will not be financial in the ordinary sense but social, political and educational.