Inequality in America: What Role for Human Capital Policies? (Alvin Hansen Symposium on Public Policy at Harvard Unviersit)
Alvin Hansen Symposium on Public Policy 2002 Harvard University), Alan B. Krueger, James J. Heckman, Benjamin M. FriedmanISBN: 0262083280; 9780262083287;
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 giventhat 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...