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Inequality in America : What Role for Human Capital Policies? - James J. Heckman

Inequality in America

What Role for Human Capital Policies?

By: James J. Heckman, Alan B. Krueger, Benjamin M. Friedman (Editor, Introduction by)

Paperback Published: 16th September 2005
ISBN: 9780262582605
Number Of Pages: 384
For Ages: 18+ years old

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The surge of inequality in income and wealth in the United States over the past twenty-five years has reversed the steady progress toward greater equality that had been underway throughout most of the twentieth century. This economic development has defied historical patterns and surprised many economists, producing vigorous debate. "Inequality in America: What Role for Human Capital Policies?" examines the ways in which human capital policies can address this important problem. Taking it as a given that potentially low-income workers would benefit from more human capital in the form of market skills and education, James Heckman and Alan Krueger discuss which policies would be most effective in providing it: should we devote more resources to the entire public school system, or to specialized programs like Head Start? Would relaxing credit restraints encourage more students to attend college? Does vocational training actually work? What is the best balance of private and public sector programs? The book preserves the character of the symposium at which the papers were originally presented, recreating its atmosphere of lively debate. It begins with separate arguments by Krueger and Heckman (writing with Pedro Carneiro), which are followed by comments from other economists. Krueger and Heckman and Carneiro then offer separate responses to the comments and final rejoinders.

A scholarly debate between rigorous economists of the left and right that has the virtue of shedding more light than heat.

-The Washington Post

ISBN: 9780262582605
ISBN-10: 0262582600
Series: Alvin Hansen Symposium Series on Public Policy
Audience: Professional
For Ages: 18+ years old
Format: Paperback
Language: English
Number Of Pages: 384
Published: 16th September 2005
Publisher: MIT Press Ltd
Country of Publication: US
Dimensions (cm): 20.3 x 13.7  x 1.8
Weight (kg): 0.41