APtly Said - U.S. Economist: Don’t neglect the power of healthy families for a healthy economy
Much talk surrounding the foundations of a robust national economy ignores the role of healthy families, especially those in which one parent may not participate full time in the paid workforce.
University of Chicago (U.S.) economist James Heckman, however, is known for his research into how a nation that invests in policies that promote healthy families is investing in its future economy. While he supports expanding early child care and education programs, he does not disregard the critical value of a healthy childhood environment in the home.
Related: API’s Eight Principles of Parenting – Provide consistent and loving care
This Q&A-style article from AEI dives headlong into Heckman’s research-backed support for family-based, healthy child development in light of overcoming inequality and facilitating social mobility, reducing the need for government-sponsored welfare programs, and empowering the next generation of workforce. Heckman’s ideas are an unique approach to typical economy-strengthening discussions. Here are some takeaways:
