Mother's Going Back to Work Is Good for Children

3min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Even among poor families, mother's going back to work is good for children. Some of these wellfare schemes are very generous if you lose your job. In thetenorte countries, denmark, sweden, d finland, people lose their jobs all the time. And that system seems to work incredibly well.

Michael Shermer speaks with Nemat Talaat Shafik, Baroness Shafik DBE, known as Minouche Shafik, one of the leading policy experts of our time, about a new and better social contract that recognizes our interdependencies, supports and invests more in each other, and expects more of individuals in return: a rethinking of how we can better support each other to thrive. Shafik avers that no only can every country provide its citizens with the basics to have a decent life and be able to contribute to society, but that we owe each other more than this. A more generous and inclusive society would also share more risks collectively and ask everyone to contribute for as long as they can so that everyone can fulfill their potential.

Shafik is an Egyptian-born British-American economist who served as the Deputy Governor of the Bank of England from August 2014 to February 2017 and has served as the Director of the London School of Economics since September 2017. She served as the Permanent Secretary of the Department for International Development from March 2008 to March 2011, when she went on to serve as the Deputy Managing Director of the IMF — International Monetary Fund.