Eric Hanushek on the Education, Skills, and the Millennium Development Goals

Eric Hanushek talks with host Russ Roberts about the importance of basic education in math and literacy and their relationship to economic growth. He argues that excellence in educating people in basic skills leads to economic growth, especially in poorer countries where years of education may be a poor proxy for learning. He argues that the U.N.'s Millennium Development Goals should emphasize outputs rather than inputs--performance on skill-based exams rather than years of education.