Keynote two: Why education matters for the wealth of nations

Education economics research settles the age-old question of what explains the ‘wealth of nations’: in the long run, it’s smarter countries who become richer countries (not the other way around). Professor Eric Hanushek – the world’s leading education economist – shows that raising a country’s ‘knowledge capital’ is key to its future prosperity, economic growth, and living standards. More than any other factor, the effectiveness of a nation’s teachers is key to raising its knowledge capital, but school systems rarely support effective teaching, due to a lack of market-based policy approaches. What does today’s school system performance imply for the potential rise and fall of nations through the 21st century? How can market-based approaches produce a more efficient and effective Australian education sector?

Speaker

Director and Founder of the Centre for Independent Studies

Professor of Public Policy and Director, Centre for Applied Macroeconomic Analysis in the Crawford School of Public Policy at the Australian National University

 

Sociologist, Faculty of Arts and Social Sciences, University of Sydney.
Author of The New Authoritarianism

Director, Free Market Foundation, (Hungary)

Health Director, Health and BioSecurity, CSIRO

Director and Founder, Academy of Ideas, London, (UK)

Founder and CEO, Cognoscenti Group

Executive Director, The New Zealand Initiative (NZ)

Australian writer and columnist for the News Limited Press

Research Director, CIS

Programme Co-ordinator of the Masters of Urban and Regional Planning, The University of Western Australia

Chinese Canadian human rights advocate

Senior Research Fellow, Culture, Prosperity & Civil Society Program, CIS

CEO and Founding Director, China Matters

Former Liberal member of the Australian House of Representatives and Cabinet Minister

Pro Vice-Chancellor Arts and Academic Culture, and Professor of History, Australian Catholic University

Cancer researcher and clinical oncologist, with Genesis Care Newcastle

Founder and President, Middle East Forum, publisher Middle East Quarterly Journal, (US)

Professor of Economics, University of Melbourne

Senior Research Fellow and Director, Culture, Prosperity & Civil Society Program, CIS

Internationally acclaimed novelist and journalist, (US)

Head of Economic Research, Reserve Bank of Australia

Executive Director, CIS

Professor of Economics at Stanford University; Senior Fellow in Economics at the Hoover Institution and Chair of the Working Group on Economic Policy, (US)

UQ-CSIRO Chair in Personalised Nanodiagnostics, Professorial Research Fellow, School of Chemistry and Molecular Biosciences, University of Queensland

Diplomat, American Board of Pathology

Minister for Population, Cities and Urban Infrastructure

Liberal Party Member for Berowra

Australia’s Ambassador to China from 2007 to 2011, Chairman & CEO of Geoff Raby and Associates Ltd based in Beijing

Director of China and Free Societies program, CIS

Senior Research Scholar, Marron Institute of Urban Management, New York University, (US)