According to Michael Porter, the renowned management guru, National prosperity is created, not inherited. It does not grow out of a country’s natural endowments, its labor pool, its interest rates, or its currency’s value, as classical economics insists.( Michael E Porter , HBR, Mar-Apr 1990)
“Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for a lifetime.”- Laozi ( ), ancient Chinese philosopher and writer,
The importance of knowledge and learning has been recognized since the beginning of time. Plato wrote: “If a man neglects education, he walks lame to the end of his life.” But it was really the Nobel winning economists who put the argument of education as investment. T.W. Schultz argued that investment in education…