Forbes – James Marshall Crotty
“Culture Matters More Than Income. According to the report, ‘On the surface, money and education seem to create a virtuous circle, with rich countries — and individuals — buying good educations for their children who, in turn, benefit economically. A closer look, though, indicates that both higher income levels and better cognitive test scores are the result of educational strategies adopted, sometimes years earlier, independently of the income levels existing at the time. More important than money, say most experts, is the level of support of education within the surrounding culture.'”(more)