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Recent Posts
- More on the finding that college pays off less if you grew up poor
- We have enough evidence to expand quality pre-K
- Reflections coming out of the recent AEI forum debating pre-K
- What do we know about right-to-work laws and state prosperity? Not much, because of limited variation over time in which states are RTW states
- Human Capital Programs Can Promote Local Economic Development; As Illustration, Consider “Promise-style” Place-Based College Scholarship Programs
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Category Archives: Economic development
What do we know about right-to-work laws and state prosperity? Not much, because of limited variation over time in which states are RTW states
Vigorous debate continues over the issue of “right-to-work” (RTW) laws, and how they affect a state’s economic growth and wage rates. Right-to-work laws make it illegal to require workers in unionized workplaces to pay dues to the unions that represent … Continue reading
Posted in Economic development, Uncategorized
1 Comment
Human Capital Programs Can Promote Local Economic Development; As Illustration, Consider “Promise-style” Place-Based College Scholarship Programs
A recent paper by me and a research analyst at the Upjohn Institute, Nathan Sotherland, analyzes the effects of “place-based” college scholarship programs on local economic development. Over 50 of these programs have been created since the 2005 creation of … Continue reading
Posted in Business incentives, Early childhood programs, Economic development
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Kalamazoo Promise boosts college completion by one-third
In a paper released on June 25, 2015, the Kalamazoo Promise college scholarship program is estimated to increase college completion by one-third. The college completion effects of the Promise would be expected to significantly increase future earnings. Based on predicted … Continue reading
Increasing educational performance and reducing educational disparities is more feasible if pursued through high-productivity interventions, including but not limited to early childhood education
On May 27, 2015, the Upjohn Institute released a report on Michigan’s school finance system and how to reform it to improve student performance in Michigan, and lessen disparities among children in various income groups. The lead author of the … Continue reading
Posted in Distribution of benefits, Early childhood program design issues, Economic development
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The importance of neighborhoods for child development
On Monday, May 4, the New York Times gave prominent coverage to two recent papers that provide strong evidence that better neighborhoods or local areas for young children make a large difference in increasing future adult earnings and income for … Continue reading
Posted in Distribution of benefits, Early childhood program design issues, Economic development
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The challenges posed by “short-termism” in corporate decision-making, and what it implies for policies to promote broader prosperity
Professor William Lazonick of the University of Massachusetts Lowell has a provocative recent paper, written for the Institute for New Economic Thinking, outlining his views on how some of the adverse trends in income inequality in the U.S. are due … Continue reading
Posted in Business incentives, Economic development
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What are the best paths to prosperity for localities and the nation?
I have a new paper published that bears on the following important issue: when will local economic development incentives – various types of customized tax breaks or services to individual businesses – be most effective in helping improve economic well-being? … Continue reading
Posted in Business incentives, Economic development, Local variation in benefits, National vs. state vs. local, Timing of benefits
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Early childhood education is a good we know how to do
In my new book, From Preschool to Prosperity, I put early childhood education in the context of other efforts to increase high-wage employment. Early childhood education is by no means the only policy needed as part of a comprehensive strategy … Continue reading
Posted in Economic development
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Why early childhood education now?
As argued in my new book, From Preschool to Prosperity, expanded early childhood education represents a continuation of the American historical tradition of promoting economic opportunity and growth via expanded education. But why is there a need for early childhood … Continue reading
Posted in Economic development
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Early childhood education is a continuation of an American tradition of promoting economic growth through education
In my new book, From Preschool to Prosperity, I put early childhood education in a historical context. The U.S. has long seen expanded education as a key to promoting a better economy. The U.S. was a leader in expanding free … Continue reading
Posted in Economic development
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