James Heckman

In the second part of this two-part discussion, Katharine Stevens continues her conversation with economists James Heckman and Jorge Luis Garcia about their pioneering research on how improving parenting is the essential mechanism of effective early childhood programs, and their new paper, "Parenting Promotes Social Mobility Within and Across Generations." They discuss why policies aiming to support young children's development must focus on families, the importance of considering incentives in making policy, how we need to broaden the concept of "investment" in early childhood beyond public spending, and the promise of home visiting as the lowest-cost, most scalable approach to supporting young children's development. KEY TAKEAWAYS Parenting is the crucial driver of healthy early development. Public spending should be targeted at the socially and economically disadvantaged families who need help the most. Early childhood policy should focus on evidence-based approaches that improve parent-child interactions and support families in providing a loving, nurturing environment for their young children. Research should aim to understand the mechanisms of effective programs and emphasize replicability of evidence. ABOUT THE GUESTS James Heckman is a Nobel-prize winning economist, a longtime professor at the University of Chicago, and director of the Center for the Economics of Human Development. He has devoted his professional life to understanding the origins of major social and economic problems as well as the economics of human flourishing. Learn more about Professor Heckman's work at bit.ly/3YToVs0. Jorge Luis Garcia is a professor of applied micro-economics at Clemson University. His research focuses on the intersection of labor and development economics, aiming to design and evaluate social policies that help develop the economic conditions of countries and people. Learn more about Professor Garcia's work at bit.ly/44ruLlD. RELATED WORK Read their new paper: " Parenting Promotes Social Mobility Within and Across Generations " at https://www.nber.org/papers/w30610. Listen to Part 1 of the conversation here: https://www.buzzsprout.com/2148289/episodes/13389213#. ------------------------------------ --------------------------------------- Subscribe to Early Matters: Spotify: https://spoti.fi/3EgluC8 Apple: https://apple.co/3qIp7Ol iHeart: https://ihr.fm/44oFE7R Follow Us on Social Media: Twitter: https://twitter.com/_CCFP and https://twitter.com/kbstevens LinkedIn: https://www.linkedin.com/company/center-on-child-and-family-policy Facebook: https://www.facebook.com/centeronchildandfamilypolicy See the Center on Child and Family Policy's Work: www.ccfp.org S ign Up for Updates: https://www.ccfp.org/sign-up-for-ccfp-updates Email the Show: EarlyMatters@ccfp.org . ------------------------------------

In this inaugural episode of the Center on Child and Family Policy's new podcast, Katharine Stevens interviews renowned economists James Heckman and Jorge Luis Garcia about their collaborative research on the transformational power of early childhood interventions to build human capital, and their new paper, "Parenting Promotes Social Mobility Within and Across Generations." They discuss what's essential to conducting rigorous research in social science; why identifying the key mechanisms of effective programs is critical; how to evaluate the social efficiency of public spending; the promise of home visiting programs to improve child outcomes; and why we need to put families at the center of early childhood policy. KEY TAKEAWAYS Parenting plays the crucial role in promoting early childhood development and social mobility. Effective early childhood programs improve interactions between parents and their young children, with long-lasting effects on both children and families. Home visiting programs are a cost-effective way to advance early childhood development. Public spending on social programs should prioritize interventions that engage and empower families. ABOUT THE GUESTS James Heckman is a Nobel-prize winning economist, a longtime professor at the University of Chicago, and director of the Center for the Economics of Human Development. He has devoted his professional life to understanding the origins of major social and economic problems as well as the economics of human flourishing. Learn more about Professor Heckman's work at: bit.ly/3YToVs0. Jorge Luis Garcia is a professor of applied micro-economics at Clemson University. His research focuses on the intersection of labor and development economics, aiming to design and evaluate social policies that help develop the economic conditions of countries and people. Learn more about Professor Garcia's work at: bit.ly/44ruLlD. RELATED WORK Read their new paper: " Parenting Promotes Social Mobility Within and Across Generations " at https://www.nber.org/papers/w30610. Listen to Part 2 of the conversation here: https://www.buzzsprout.com/2148289/episodes/13417302#. --------------------------------------- Subscribe to Early Matters: Spotify: https://spoti.fi/3EgluC8 Apple: https://apple.co/3qIp7Ol iHeart: https://ihr.fm/44oFE7R Follow Us on Social Media: Twitter: https://twitter.com/_CCFP and https://twitter.com/kbstevens LinkedIn: https://www.linkedin.com/company/center-on-child-and-family-policy Facebook: https://www.facebook.com/centeronchildandfamilypolicy See the Center on Child and Family Policy's Work: www.ccfp.org S ign Up for Updates: https://www.ccfp.org/sign-up-for-ccfp-updates Email the Show: EarlyMatters@ccfp.org . ------------------------------------

What do we mean by “human capital”? What is the relationship between democracy, human rights and economic prosperity? Are poor people doomed to remain poor? To answer these questions, Pedro Pinto interviews James Heckman in this episode of “It’s Not That Simple”, a podcast by the Francisco Manuel dos Santos Foundation. A Nobel Prize in Economic Sciences laureate in 2000, Heckman is the Henry Schultz Distinguished Service Professor in Economics at the University of Chicago. His research has focused on such subjects as inequality, social mobility and economic opportunity; labor economics; lifecycle dynamics of skill formation; microeconometrics; and causal models rooted in economic theory. He is also the Director of the Center for the Economics of Human Development and the Co-Director of the Human Capital and Economic Opportunity Global Working Group. In 1983, he won the John Bates Clark Medal. Heckman has also been a fellow of the John Simon Guggenheim Memorial Foundation since 1978, a Member of the American Academy of Arts and Sciences, a Fellow of The Econometric Society (since 1980), and a member of the National Academy of Sciences. In this episode, Heckman explains the “set of capacities” that make up human capital and “allow us to function well in the world”. He examines how the promotion of human and civil rights in the United States in 1964 had a positive impact on the country’s economy. Heckman also examines how China’s economic success is a result not so much of its political authoritarianism, but of a much greater access of women to education and their subsequent wider and more qualified participation in the workforce. He then contrasts China with India, which might be hindering its development by putting some minorities in disadvantage. Later in the episode, Heckman addresses the impact of inequality in skill acquisition, and how poor people are often trapped in a vicious cycle of poverty. On the other hand, he disputes the idea that inequality is on the rise in the United States. Finally, Heckman discusses the unintended negative outcomes of well-meaning policies like the minimum wage or rent controls, in a conversation well worth listening to. More on this topic Giving Kids a Fair Chance, James Heckman, 2013 James Heckman’s study “Inequality in America: What role for human capital policies?” James Heckman’s Nobel Prize Lecture An interview with James Heckman on the “Emerging Economic Arguments for Investing in the Health of Our Children’s Learning” An interview with James Heckman on his “controversial approach to solving inequality” Podcast It’s Not That Simple “ Moving up in life ”, with John Friedman An interview with Mariana Mazzucato about “the future of capitalism” An interview with Robert Reich on how to solve the problem of inequality

Over his distinguished career, Nobel Prize-winning economist James Heckman has dedicated his research to understanding and solving the problem of inequality. He has closely studied how investing in early childhood development is linked to better outcomes—from higher earnings, to violence reduction, and even breaking the cycle of poverty. His groundbreaking research has been applied across the globe—from Jamaica to Denmark and China, and it has given policymakers important insights into education, job-training programs, minimum wage legislation and more. His most recent work has centered on examining social mobility, and he’s help found an entire field on the economics of human flourishing. Heckman is the Henry Schultz Distinguished Service Professor in Economics at the University of Chicago, where he has been a faculty member since 1973. He directs the Center for the Economics of Human Development . Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Nobel Prize–winning University of Chicago economist James J. Heckman is internationally recognized for his groundbreaking research on early childhood, which is frequently highlighted in support of expanding early care and education programs to improve children’s outcomes. His well-known “ Heckman Curve ” is widely cited as showing a high return on public investment in those programs. What is Dr. Heckman’s assessment of current proposals for providing publicly funded childcare and pre-K to all children from birth to kindergarten entry? And how does he view the role of families in children’s development? Do they, too, fit into the Heckman Curve? If so, how? Watch the full event here .

On this episode of The Medium Rules, I sit down with James Heckman to discuss his business philosophy animating Maven, as well as a look back at James’ career to date. Maven styles itself as a technology solution for publishers, centralizing and optimizing virtually all functions of a publishing business, from sales and marketing all the way through to legal and finance. And Maven is roughly modeled on two prior ventures founded by James, Rivals and Scouts, both sports-based publishing properties based on a similar “hub-and-spoke” approach to the publishing business in a digitally-native world. In this wide-ranging, informative and engaging conversation, James and I cover prior successes and failures, James' keys to success (net: strong team, reliable investors and high-quality partners), and what the future holds for Maven and the various brands it now owns and/or controls. Hosted on Acast. See acast.com/privacy for more information.