pissaridesSir Christopher Antoniou Pissarides FBA is a Cypriot/British economist. He is the School Professor of Economics & Political Science and Regius Professor Designate at the London School of Economics. In 2010, he was awarded the Nobel Prize in economics, jointly with Peter A. Diamond and Dale Mortensen, for his contributions to the theory of search frictions and macroeconomics

“Economic crises come and go but young people get just one chance to learn the skills that will get them a job and help them embark on a successful career. Cutting down on education investments because of a temporary economic crisis is short-sighted. It could destroy the lives of a whole generation of young people. Education spending is an investment in our future and should not be part of the government’s fiscal balance.”

Read Christopher A. Pissarides Final Paper at London School of Economics