Inequality in America: What Role for Human Capital Policies? / Edition 1

Inequality in America: What Role for Human Capital Policies? / Edition 1

by James J. Heckman, Alan B. Krueger, Benjamin M. Friedman
     
 

ISBN-10: 0262582600

ISBN-13: 9780262582605

Pub. Date: 09/01/2005

Publisher: MIT Press

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:

Overview

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.

Product Details

ISBN-13:
9780262582605
Publisher:
MIT Press
Publication date:
09/01/2005
Series:
Alvin Hansen Symposium on Public Policy at Harvard University Series
Edition description:
New Edition
Pages:
384
Product dimensions:
5.37(w) x 8.00(h) x 0.70(d)
Age Range:
18 Years

Table of Contents

Introductionix
1Inequality, Too Much of a Good Thing1
2Human Capital Policy77
3Comments241
4Responses293
5Rejoinders327
Contributors355
Index357

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