Econation Blog


How much is well-being worth?



How much is well-being worth? Not much it seems.

The Government's $13.1 million cut for Adult Community Education, announced in the 2009 Budget, has seen the number of community-based courses plummet.

Tertiary Education Minister Steven Joyce said that though adult education courses benefited students, it was a question of whether taxpayers should foot the bill. "We support continuing education and will continue to support courses that deliver clear economic benefits. We simply cannot justify spending millions of dollars of taxpayers' money on courses that do not clearly deliver these benefits."

Firstly, why does everything have to have an economic benefit, what's happened to social and environmental benefits? We pay taxes for infrastructure, services and amenities that would otherwise not be available in a purely commercial system. Secondly all education has an economic benefit either directly and/or indirectly.

Adult education courses offer benefits far beyond short-term returns on investment. A quick look at any adult education programme will see that they offer courses that increase people's competence, confidence, self-sufficiency and general well-being. In purely economic terms this means that people are more productive because they are healthier, motivated and more competent.

Adult classes also provide an opportunity for social interaction, networking, collaboration and sharing.

Adult education is one very good way to help sustain and improve our society; it's relatively low cost can easily be justified by the multiple, varied benefits.

Read the full story at stuff.co.nz

Posted by Michael Lockhart on 12th February, 2010 | Comments | Trackbacks
Tags: General Sustainability, Government

Bookmark and Share

The trackback URL for this page is http://www.econation.co.nz/trackback?post=17703965


Trackbacks

There are no trackbacks for this post


Comments

There are no comments for this post


Post a Comment

HTML is not allowed in comments, http://... will be automatically linked.


Name (required):


Homepage:


Email Address (not displayed):


Heading:


Comment (required):


To help prevent spam, please enter the word been here:

This blog features news, views, book reviews and other topical pieces from Econation's staff.


Archives

July 2010
June 2010
April 2010
March 2010
February 2010
January 2010
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008

Tags

Book Review (2)
Business Sustainability (14)
Climate Change (7)
Design for sustainability (1)
Doing more with less (6)
Education (5)
Environment (6)
Food (1)
Frogblog (1)
General Sustainability (69)
Government (10)
Pictures (3)
Scoop article (7)

Home | the basics | the theory | solutions | business | design | education | about | resources | blog
© 2008 - 2010 Econation. Powered by Web Genius
Page: How much is well-being worth? - Last Updated: 15th June, 2010 | Site Map