Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/222015
Title (translated): 
Blindness and shortsightedness
Authors: 
Fazekas, Károly
Year of Publication: 
2018
Series/Report no.: 
IEHAS Discussion Papers No. MT-DP - 2018/2
Abstract (Translated): 
Institutions of the liberal democracies of the developed Western world are increasingly insufficient to deal with the ever worsening of social problems associated with technological progress, the rapid economic transformation of the economy, the demographic issues and the acceleration of demographic and migration processes. This essay reminds us that well-functioning institutions assume that citizens should have possess both cognitive and non-cognitive skills required by modern technology and organization. Economic analyzes on the subject show that non-cognitive skills in the developed countries' labor market are becoming more and more important. In many cases, the lack of non-cognitive skills is the very cause of the inefficiencies of local societies, the ever-increasing disturbance malfunctioning of institutions, and finally in some cases of the complete disintegration of local societies. At the same time these skills, however, can be improved and interventions at the early age of children provide the greatest yields. Although there are significant differences in the perception of the individual's freedom and responsibility between liberal and conservative social views, there is no difference between conservative and liberal opinions which do not diverge on the perspectives on the importance and social need of the enhancement of non-cognitive skills.
Subjects: 
non-cognitive skills
technological revolution
human capital investment
education policy
migration
JEL: 
I21
I26
I28
J24
R23
Z13
Document Type: 
Working Paper

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