Education is a zero sum game, and it is rigged

In a market economy, education is a zero sum game. And it is rigged.

If banks and insurance companies were interested in having numerate customers, we would witness the golden age of school mathematics – fully funded, enjoying cross-party political support, promoted and popularised by the best advertising companies in all forms of mass and social media. But they are not; banks and insurance companies need numerate workforce – and even more so they need innumerate customers. 25 years ago in the West, the benchmark of arithmetic competence at the consumer level was the ability to balance a chequebook. Nowadays, bank customers can instantly get full information about the state of their accounts from an app on a mobile phone – together with timely and tailored to individual circumstances advice on the range of available financial products.