| Zusammenfassung: | Abstract: First the difference between a theoretical economic perspective and the neoliberal political ideology is dicussed. Secondly, the European approach of efficient allocation of resources is described. Thirdly, the Austrian position on some important indicators is compared to the EU. The Austrian expenditure is particularly above the OECD average at the postsecondary and the lower secondary levels, information about private expenditure remains poor. Few results are available about the gains from the investment; comparative studies show consistent positive effects on growth, which does not apply to all countries. The analysis of the EU structural indicators obtains a favourable picture. Austria ranks especially positive with the earlyschool leavers, the educational attainment of the population and the youth labour market. Less favourable are some indicators about science and technology education.; To improve longterm resource planning some topics are proposed for further discussion: the linkage to innovation policy, the public contribution to lifelong learning, the basic competences, and the unequal access to higher education.;
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