Teaching economics teaches young people who to blame for their problems

No wonder Michael Gove wants to stop doing it.

While young people in Europe rise up in the wake of economic crises, in Britain they seem to have swallowed the rhetoric that someone else is to blame. They have no stake in the systems that govern them and Michael Gove wants to keep it that way.

You've heard about The Economic Crisis, right? How could you not, everyone's worrying about it. Open a newspaper, turn on the television, tune in to the radio or zone in on social media, and there they are, worrying. The Economic Crisis is always lurking nearby, threatening to breathe fire on us at a moment's notice. Governments have boldly tried and failed to slay it, losing limbs and public confidence along the way.

Our current government ministers set themselves up as bold knights guarding the people, keeping them at arms length from operations lest they get their own ideas and jeopardise the mission to calm everything down. They tell us The Economic Crisis was spawned by previous, incompetent knights and fed by the lazy and feckless, and we believe them. But the new crop of knights is better and bolder, they tell us.

And Gove the Barbarian is one of the boldest. He will smash down everything that gets in his way. He will use his might to protect the delicate workings of the State from the course and lowly masses. Teaching them too much about how it works is at best a distraction from the important business of moulding the compliant workforce that the government's economic plan requires, and at worst - well, I suspect he shudders to think.

So, in spite of vigorous lobbying behind the scenes, he has taken economics out of the citizenship curriculum and replaced it with personal finance. In itself, personal finance is a very welcome addition to the National Curriculum: I wish I had left school with some understanding of banks and budgeting. But, for Mr Gove, that's as far as it goes. He wants people to be responsible with their own money (after all, personal debt is no help to the economic situation), but he doesn't want to let people anywhere near the economy itself. Keep the plebs in the dark about politics, a little knowledge will only lead to trouble.

How irritating it must be, then, that trained teachers have their own ideas about teaching. He’s giving schools more freedom because he wants to free up the market, not because he trusts teachers. (I doubt he wants to ‘let a thousand William Tyndales bloom’, as Fred Jarvis pondered in the Independent.) It's time someone stamped out such subversive tendencies. It's time someone whipped schools into glorious mirrors of business that turn out neat, fragmented packages of knowledge and manners with ruthless efficiency. Little packages that expect nothing from the State; little packages that are eager for the System to gobble them up and fart them into the only bedroom of the last remaining council house. And Gove the Barbarian is the man for the job. 

But what happens if the slaying fails? Or if our knightly overlords lose their remaining credibility? So far, this government has only proved that politics can be pretty hopeless against such beasts as The Economic Crisis, which will likely turn on the people with vigour in the end. The failed attempts of politicians are simply evidence that mainstream politics does not hold the answers. So, people will look elsewhere to protect their own interests, as we have seen with the rise of the far right in Greece and rioting on the streets of Spain. Britain, so far, has got off lightly; we are kept in our place effectively. But for how long? And when our politicians lose their grip completely, do we really want an uprising of people who have been kept alien from political life?

So, put the economy back on the curriculum, Mr Gove. Fulfil your promise to ensure citizenship 'is even better taught' in schools. Prepare our young people properly for economic and democratic life. Otherwise, it will be each for themselves when the fire gets too hot, and your government's precious economic plan will be toast.

Michael Grimes is Online Communications Manager for the Citizenship Foundation.

Show Hide image

An unmatched font of knowledge

Edinburgh’s global reputation as a knowledge economy is rooted in the performance and international outlook of its four universities.

As sociologist-turned US Senator Daniel Patrick Moynihan recognised when asked how to create a world-class city, a strong academic offering is pivotal to any forward-looking, ambitious city. “Build a university,” he said, “and wait 200 years.” He recognised the long-term return such an investment can deliver; how a renowned academic institution can help attract the world. However, in today’s increasingly globalised higher education sector, world-class universities no longer rely on the world coming to come to them – their outlook is increasingly international.

Boasting four world-class universities, Edinburgh not only attracts and retains students from around the world, but also increasingly exports its own distinctively Scottish brand of academic excellence. In fact, 53.9% of the city’s working age population is educated to degree level.

In the most recent QS World University Rankings, the University of Edinburgh was named as the 21st best university in the world, reflecting its reputation for research and teaching. It’s a fact reflected in the latest UK Research Exercise Framework (REF), conducted in 2014, which judged 96% of its academic departments to be producing world-leading research.

Innovation engine

Measured across the UK, annual Gross Value Added (GVA) by University of Edinburgh start-ups contributes more than £164m to the UK economy. In fact, of 262 companies to emerge from the university since the 1960s, 81% remain active today, employing more than 2,700 staff globally. That performance places the University of Edinburgh ahead of institutions such as MIT in terms of the number of start-ups it generates; an innovation hothouse that underlines why one in four graduates remain in Edinburgh and why blue chip brands such as Amazon, IBM and Microsoft all have R&D facilities in the city.

One such spin out making its mark is PureLiFi, founded by Professor Harald Haas to commercialise his groundbreaking research on data transmission using the visible light spectrum. With data transfer speeds 10,000 times faster than radio waves, LiFi not only enables bandwidths of 1 Gigabit/sec but is also far more secure.

Edinburgh’s universities play a pivotal role in the local economy. Through its core operations, knowledge transfer activities and world-class research the University generated £4.9bn in GVA and 44,500 jobs globally, when accounting for international alumni.

With £1.4bn earmarked for estate development over the next 10 years, the University of Edinburgh remains the city’s largest property developer. Its extensive programme of investment includes the soon-to-open Higgs Centre for Innovation. A partnership with the UK Astronomy Technology Centre, the new centre will open next year and will supply business incubation support for potential big data and space technology applications, enabling start-ups to realise the commercial potential of applied research in subjects such as particle physics.

It’s a story of innovation that is mirrored across Edinburgh’s academic landscape. Each university has carved its own areas of academic excellence and research expertise, such as the University of Edinburgh’s renowned School of Informatics, ranked among the world’s elite institutions for Computer Science. 

The future of energy

Research conducted into the economic impact of Heriot-Watt University demonstrated that it generates £278m in annual GVA for the Scottish economy and directly supports more than 6,000 jobs.

Set in 380-acres of picturesque parkland, Heriot-Watt University incorporates the Edinburgh Research Park, the first science park of its kind in the UK and now home to more than 40 companies.

Consistently ranked in the top 25% of UK universities, Heriot-Watt University enjoys an increasingly international reputation underpinned by a strong track record in research. 82% of the institution’s research is considered world-class (REF) – a fact reflected in a record breaking year for the university, attracting £40.6m in research funding in 2015. With an expanding campus in Dubai and last year’s opening of a £35m campus in Malaysia, Heriot-Watt is now among the UK’s top five universities in terms of international presence and numbers of international students.

"In 2015, Heriot-Watt University was ranked 34th overall in the QS ‘Top 50 under 50’ world rankings." 

Its established strengths in industry-related research will be further boosted with the imminent opening of the £20m Lyell Centre. It will become the Scottish headquarters of the British Geological Survey, and research will focus on global issues such as energy supply, environmental impact and climate change. As well as providing laboratory facilities, the new centre will feature a 50,000 litre climate change research aquarium, the UK Natural Environment Research Council Centre for Doctoral Training (CDT) in Oil and Gas, and the Shell Centre for Exploration Geoscience.

International appeal

An increasingly global outlook, supported by a bold international strategy, is helping to drive Edinburgh Napier University’s growth. The university now has more than 4,500 students studying its overseas programmes, through partnerships with institutions in Hong Kong, Singapore, China, Sri Lanka and India.

Edinburgh Napier has been present in Hong Kong for more than 20 years and its impact grows year-on-year. Already the UK’s largest higher education provider in the territory, more than 1,500 students graduated in 2015 alone.

In terms of world-leading research, Edinburgh Napier continues to make its mark, with the REF judging 54% of its research to be either world-class or internationally excellent in 2014. The assessment singled out particular strengths in Earth Systems and Environmental Sciences, where it was rated the top UK modern university for research impact. Taking into account research, knowledge exchange, as well as student and staff spending, Edinburgh Napier University generates in excess of £201.9m GVA and supports 2,897 jobs in the city economy.

On the south-east side of Edinburgh, Queen Margaret University is Scotland’s first university to have an on-campus Business Gateway, highlighting the emphasis placed on business creation and innovation.

QMU moved up 49 places overall in the 2014 REF, taking it to 80th place in The Times’ rankings for research excellence in the UK. The Framework scored 58% of Queen Margaret’s research as either world-leading or internationally excellent, especially in relation to Speech and Language Sciences, where the University is ranked 2nd in the UK.

In terms of its international appeal, one in five of Queen Margaret’s students now comes from outside the EU, and it is also expanding its overseas programme offer, which already sees courses delivered in Greece, India, Nepal, Saudi Arabia and Singapore.

With 820 years of collective academic excellence to export to the world, Edinburgh enjoys a truly privileged position in the evolving story of academic globalisation and the commercialisation of world-class research and innovation. If he were still around today, Senator Moynihan would no doubt agree – a world-class city indeed.

For further information www.investinedinburgh.com