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Prices and values: a perspective on adult and community education


Wells, GM, Prices and values: a perspective on adult and community education, Australian Journal of Adult Learning, 47, (1) pp. 64-77. ISSN 1443-1394 (2007) [Refereed Article]

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Government-provided services are caught in the jaws of a ‘cost-tax vice’. On the cost side, the long-term trend of rising relative prices of services, including education, seems set to continue. The other jaw of the vice is the high efficiency cost of raising additional taxes. Recent research making the case for public provision of post-compulsory education has concentrated on the difficult task of quantifying its economic and social benefits. However, given the effects of the costtax vice, this paper argues that it may be wise to change the focus of research and to direct more attention to new ways of financing adult and community education.

Item Details

Item Type:Refereed Article
Research Division:Economics
Research Group:Applied economics
Research Field:Economics of education
Objective Division:Economic Framework
Objective Group:Macroeconomics
Objective Field:Macroeconomics not elsewhere classified
UTAS Author:Wells, GM (Associate Professor Graeme Wells)
ID Code:56963
Year Published:2007
Deposited By:Economics and Finance
Deposited On:2009-06-10
Last Modified:2012-03-30

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