Category Archives: Economic development

Debt, health care, and educational investments

What is really the issue with the national debt? The real issue is not the short-run deficit. The deficit should be high right now to deal with the needs caused by the recession, and to stimulate the economy. The problem … Continue reading

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Pew issue brief for my book “Investing in Kids”

The Partnership for America’s Economic Success, a project of the Pew Center on the States, has written a short (8-page) issue brief summarizing my book “Investing in Kids”. This might be useful to those who want a short summary of … Continue reading

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Solving the jobs deficit while lowering the government debt burden

Well-known Yale economist Robert Shiller had an opinion piece in the Sunday New York Times arguing for stimulating the job market through balanced budget increases in both taxes and spending on productive public services. (Professor Shiller is known for a … Continue reading

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Boston event

I will be out of town for a few days at two conferences in Boston. This includes the 2011 National Business Summit on Early Childhood Investment, sponsored by the Partnership for America’s Economic Success, at which I will be speaking … Continue reading

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Why early childhood education benefits others in the local economy, not just program participants

Some skeptics about early childhood programs accept that these programs may be effective in increasing the future earnings of participants. But, a skeptic could say, even if former participants stay in the local economy, how does this benefit others in … Continue reading

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Recent testimony by Art Rolnick

Dr. Art Rolnick, former research director of the Minneapolis Fed, recently testified before the U.S. Congress on early childhood programs as economic development programs.  The hearing and Dr. Rolnick’s testimony was requested by Senator Al Franken, who also questioned Dr. … Continue reading

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Where is business community support for early childhood programs?

Well-known economist Nancy Folbre raised an important issue about the business community and early childhood programs in her recent contribution to the New York Times’ “Economix” blog. The issue is: why isn’t there more active business support for early childhood … Continue reading

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Big cuts in early childhood programs in North Carolina

Last week, the North Carolina legislature overrode Governor Bev Perdue’s veto and approved a budget that cuts the state’s two major early childhood programs by 20 percent.  These cuts are to the state’s “More at Four” preschool program for at-risk … Continue reading

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Top five facts to support local government investment in early childhood programs

I recently responded to an information request from one early childhood program advocate. This advocate is trying to persuade a local county government to invest funds in early childhood programs. The request was for the “top 5 facts” that might … Continue reading

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Continued high unemployment and early childhood programs, part II

As indicated in a previous post, the U.S. is likely to have continued high unemployment for many years. One way that early childhood programs may help in this situation is by helping to offset some of the negative effects of … Continue reading

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