Posts Categorized: Economy

Trends & Indicators: NE Universities Still R&D Powerhouses

New England universities performed more than $4 billion worth of research and development in 2009, but the region’s share of total R&D performed by all U.S. universities remained at 7.3%, down from more than 10% in the 1980s.The region's university research labs have been world-famous for ideas that breed companies and whole industries in fields ranging from biotechnology to photonic...

Review of MacroWikinomics (Books)

Book Review MacroWikinomics: Rebooting Business and the World; Don Tapscott and Anthony D. Williams; Portfolio/Penguin 2010; $27.95 Reviewed by Alan R. Earls. In a recent check of Google search term rankings, the term “wiki” garnered more than 100 million inquires over the prior 30 days. Presumably, some portion of that traffic was generated by those seeking for MacroWikinomics or its...

College Labor Shortages in 2018? Part Deux

“About every two years someone comes up with this story. There is absolutely nothing to it—it's simply not true,” Peter Capelli, Professor, Wharton School, University of Pennsylvania, commenting on the Georgetown's college labor supply shortage forecast. —“Prediction of Worker Shortage Has Critics,” The Press-Enterprise (Riverside, Calif.), April 10, 2010. The recent response by Anth...

The Real Education Crisis: Are 35% of all College Degrees in New England Unnecessary?

The notion of the "college labor market" as a fixed set of occupations is remarkably static. In contrast, we assume that job and skill requirements are dynamic. (This lively debate over future demand of college-educated workers will continue in our Forum.) Northeastern University economists Paul E. Harrington and Andrew M. Sum argue that in our recent report Help Wanted, we “radically over...

The New Indentured Educated Class

If only they had their health … President Obama has emphasized the importance of higher education, and recently implemented ambitious higher education finance reform that will serve to benefit college students now and in the future. Although these changes are noteworthy, little has been done to help the many individuals who currently owe student debt, particularly private debt, and are no lon...

Making It Real

Incorporating cost management and productivity improvements into financing decisions ... Higher education is being challenged to increase access and degree attainment for all student groups—a tall order under any circumstances, but particularly daunting in the current economy. To do this, institutional and policy leaders will need to find ways to reduce costs and permanently reduce spending dem...

Failure to Launch: Confronting the Male College Student Achievement Gap

A few years ago, Mathew McConaughey and Sarah Jessica Parker generated big laughs and big box office sales in Failure to Launch, an absurd comedy about a 26-year old man still living in his parents’ basement, spending his days watching television and playing video games while the world passed him by. The film was closer to the truth than many of us have been willing to admit. Young American men...