Article ID Journal Published Year Pages File Type
981416 Procedia Economics and Finance 2015 9 Pages PDF
Abstract

A sustainable and democratic society cannot exist if the majority of the citizens do not have a minimum level of education. Nobody would contest that an individual that invests in his own education could bring benefits not only to his family, but also to the others. However, there are a lot of other good things for human co-operation or society, but it does not result that they should be produced by the state and financed by taxes and fees. Additionally, the investment in one's training/education can finally be retrieved when the individual comes to the labour market.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics