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- 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
Continued high unemployment and early childhood programs, Part I
Last Friday’s monthly labor market report from the U.S. Bureau of Labor Statistics yielded disappointing news. The unemployment rate ticked up from 9.0% to 9.1%. Job growth was only 54,000 jobs. This is less than the approximately 125,000 job growth … Continue reading
What works in job creation and economic development
Yesterday, I gave the keynote address to a conference organized by the National Employment Law Project (NELP). The NELP conference focused on grassroots ideas for creating jobs and economic opportunities in local communities. My keynote address was entitled “What Works … Continue reading
Posted in Business incentives, Early childhood programs, Economic development
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Comments on Michigan’s just enacted budget
The State of Michigan has just passed its 2011-2012 budget. The Early Childhood Investment Corporation of Michigan has provided some news coverage of the implications of this budget for early childhood program. As the article’s lead says, the budget is … Continue reading
Posted in Early childhood program design issues, Early childhood programs, Economic development
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Good policy analysis requires thinking about overall effects of feasible policy options
A recent conversation with a reporter involved some discussion of how individuals frequently analyze the effects of public policies from a perspective that is too narrow. Good policy analysis requires looking at ALL the effects of a feasible policy package. … Continue reading
Posted in Business incentives, Early childhood programs, Economic development
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Michigan’s recently-enacted business tax cuts
Several reporters have recently asked for my opinion on the business tax cuts recently enacted in Michigan. These business tax cuts lower the main state business tax in Michigan by about $1.7 billion annually. Will these tax cuts succeed in … Continue reading
Posted in Business incentives, Economic development
1 Comment
The special value of greater capability for local earnings
I’ve been reading Martha Nussbaum’s just-published book, Creating Capabilities: The Human Development Approach. Martha Nussbaum is a well-known philosopher at the University of Chicago. She is one of the co-creators (with Nobel-prize-winning economist Amartya Sen) of what is sometimes called … Continue reading
Posted in Economic development
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An example of an economic development organization that understands that early childhood education is part of economic development
One of my web searches came across a recent blog post from the Southern Minnesota Initiative Foundation (SMIF) about early childhood education. SMIF states its vision as follows: “Since 1986, Southern Minnesota Initiative Foundation has been a catalyst for economic … Continue reading
Posted in Early childhood programs, Economic development
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Powerpoint on early childhood programs and local economic development
I gave a talk this morning to the Youth Human Capital and Economic Development Network. This network is sponsored by the Human Capital and Economic Opportunity Working Group of the Milton Friedman Institute at the University of Chicago. This overall … Continue reading
Posted in Early childhood program design issues, Early childhood programs, Economic development, National vs. state vs. local, Timing of benefits
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The economic development benefits of reducing the earnings penalty of mental illness
In chapter 12 of Investing in Kids, I consider a wide variety of improvements in a state’s human capital, and their potential economic development benefits for a state economy. One human capital improvement I consider is reducing the earnings penalty … Continue reading
Posted in Economic development
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More devilish details about educational investments versus business tax cuts
A previous post responded to a question from an early childhood and education program advocate, who is trying to convince state legislators and their staff that educational investments compare favorably with business tax cuts. Their question was: “Do we have … Continue reading
Posted in Business incentives, Early childhood program design issues, Early childhood programs, Economic development, Incentive design issues
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