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James Heckman on human capital development

FT Alphachat

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The Importance of IQ

I think at an intuitive level of it's so obvious. That's the point. So you tell people to succeed, you have to persevere. And we've seen all these studies of athletes or great pianists or NASA pilots and just about anything where people practice their trade,. I'm not a violinist at all. But what I'm suggesting though is that some of these points are so obvious. Some of these common sense arguments, some of these studies about looking at mothering, were originally done in Kansas 20 years ago. People are still living off of that study. It's just simply saying that poor families, maybe because they're not that articulate themselves, aren't talking that much

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