ABSTRACT

Robert Willis states that education, population growth, and technology are at the heart of economic systems and of changes in them. Observations of complementarity between education and physical capital have generally referred empirically to either technological change in already advanced countries or to the transfer of Western technology into less developed countries. The biggest and most persistent gap between human capital formation in the industrially advanced nations and in those that are least developed economically is in opportunities for learning in the post-school years. “Child services,” in the perspective of the parental household, may be viewed primarily in terms of the direct satisfactions parents take in enjoyment of their children, including enjoyment in anticipation of the future. More fundamental are technological changes that induce restructuring of activities. It is evident that relationships among population growth, education, and technology must be reconsidered in a world view of the future.