Education is the best economic policy there is.

Blair’s line frames education not merely as a social good but as a core driver of national prosperity. It implies that the most effective way to raise productivity, wages, and competitiveness is to invest in human capital—skills, knowledge, and adaptability—rather than relying solely on tax changes, deregulation, or short-term stimulus. The quote also reflects a center-left “Third Way” emphasis associated with Blair’s New Labour: pairing market-oriented economic goals with public investment, especially in schools and training, to expand opportunity and sustain growth. In this view, education policy becomes economic strategy, linking individual advancement to macroeconomic performance.