Posts Tagged ‘human capital’

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    The Amazing Washing Machine

    Mar 28, 11 • 175 Views • Developing Economies, Environment, Gender Issues, Households, Innovation, Labor, Macroeconomic MeasurementNo Comments

    In one wonderful 9 minute TED talk, Swedish professor Hans Rosling connects the washing machine to empowering women, educating children and diminishing world poverty. The Economic Lesson When women are empowered, not only is the gender gap diminished but also

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    The Right Stuff

    Feb 10, 11 • 170 Views • Government, Households, Innovation, Labor, Macroeconomic MeasurementNo Comments

    Giving a grade of “One Pinocchio,” the Washington Post assessed the accuracy of President Obama’s February 7, 2011 speech to the U.S. Chamber of Commerce. Most interesting, though, were the topics on which he focused. Yes, President Obama

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    Mothers and Human Capital

    Jan 10, 11 • 165 Views • Households, Innovation, Labor, Thinking EconomicallyNo Comments

    In The Wall Street Journal, a Chinese mother discusses her rules for her children which include: 1) only A’s, 2) no play dates, 3) no parts in school plays, 4) no TV,  5) no sleepovers, 6) play the piano or violin for several hours daily.

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    Kindergarten Matters

    Jul 29, 10 • 200 Views • Macroeconomic Measurement, Thinking EconomicallyNo Comments

    Several months ago, we asked if law school was a good investment. Now we can ask the same question about kindergarten. Saying that adult outcomes count while test scores do not, Harvard economist Raj Chetty and 5 colleagues researched the impact of

  • Is Law School A Good Investment?

    Feb 18, 10 • 175 Views • Thinking EconomicallyNo Comments

    Looking at a paper by law school professor Herwig Schlunk reminded me that attending law school is similar to inventing a new machine. Both require an initial investment, both take several years to complete, and both will generate a private and social return.