Francis Green

Dec 10, 2024 | onlinelibrary.wiley.com | Paul Auerbach |Francis Green

1 Introduction: Human Capital Theory and its Critics Despite recurrent criticism, over the last half century, human capital theory (HCT) has sustained a hold on the training and practice of economists. “Human capital” is widely deployed as a synonym for skill, but HCT is much more: it is a paradigm of how education and training relate to the economy.

Jun 7, 2023 | inkl.com | Francis Green

It comes after the Labour Party has said it would end the tax breaks enjoyed by private schools, most of which have charitable status, giving them at least 80% relief on business rates. In September 2021, the party said a Labour government would end the charitable status of England’s private schools, raising an estimated £1.6 billion from VAT and £100 million from business rates.

Apr 24, 2023 | labourlist.org | Francis Green

Private schools are reported to be gearing up for the biggest hike in fees in 20 years “amid the threat of a VAT raid by Labour”, according to the Telegraph earlier this month. Rational public discussion about Labour’s VAT proposal has been repeatedly disrupted by misrepresentations propagated in the media in recent months.