
James Heckman on Inequality and Economic Mobility
EconTalk
Family Dynamics and Economic Mobility
This chapter examines how socioeconomic background and family education influence children's skill development and agency across generations, particularly in lower-education families. It critiques welfare programs that may inadvertently create dependency rather than fostering independence and personal growth. The discussion emphasizes the importance of family support and quality of upbringing over financial aid, highlighting historical data to argue for deeper systemic changes in educational policies.
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