Those researchers argue for a better connection between secondary school curricula and business needs -- “vocational education” in a very broad sense rather than the traditional narrow one. 4 Jacob Mincer, “On the Job Training: Costs, Returns, and Some Implications,” Journal of Political Economy, vol. 70, Supplement (October 1962), pp.
50-79; and James Heckman, Lance Lochner, and Christopher Taber, “Estimating and Evaluating Human Capital Policies in a General Equilibrium Environment” (Working Paper, University of Chicago, 1997). 5 Richard J. Murnane and Frank Levy, Teaching the New Basic Skills: Principles for Educating Children to Thrive in a Changing Economy (The Free Press, 1997).