A Quote by James Heckman

Early investment in the lives of disadvantaged children will help reduce inequality, in both the short and the long run. — © James Heckman
Early investment in the lives of disadvantaged children will help reduce inequality, in both the short and the long run.
Depression is a serious problem, but drugs are not the answer. In the long run, psychotherapy is both cheaper and more effective, even for very serious levels of depression. Physical exercise and self-help books based on CBT can also be useful, either alone or in combination with therapy. Reducing social and economic inequality would also reduce the incidence of depression.
That's the problem with the financial sector. Banks and the financial sector live in the short run, not the long run. In principle the government is supposed to make regulations that help the economy over time. But once it's taken over by the financial sector, the government lives in the short run too.
The Bush Administration believes the Kyoto protocol could damage our collective prosperity, and in so doing, actually put our long-term environmental health at risk. Fundamentally, we believe that the protocol both will fail to significantly reduce the long-term risks posed by climate change and, in the short run, will seriously impede our ability to meet our energy needs and economic growth.
Here's the interesting thing: the fact that QE and lowering interest rates almost to zero has worsened inequality, does not mean that raising interest rates will help reduce inequality.
Both the federal government and the states should go ahead and soak the rich to reduce inequality and raise money for health care, child care, infrastructure investment, education, decarbonization, and a thousand other priorities.
My father very early on had both short and long-term strategies in his approach to raising his children, so my father was disturbed by the extent to which I was interested in both hip-hop and sports.
Better access to healthy foods in underserved communities will help children develop properly, help senior citizens stay healthy and help reduce long-term health-care costs for those that opt for this type of diet over eating unhealthy foods.
Unions have long championed measures to reduce social and economic inequality, and efforts to weaken the labor movement at both the state and federal level have successfully stalled any progress.
Both in the short-run and the long-run, college students, collectively, have enormous spending power.
An idealist believes the short run doesn't count. A cynic believes the long run doesn't matter. A realist believes that what is done or left undone in the short run determines the long run.
The thing that I learned early on is you really need to set goals in your life, both short-term and long-term, just like you do in business. Having that long-term goal will enable you to have a plan on how to achieve it.
For just a few dollars a dose, vaccines save lives and help reduce poverty. Unlike medical treatment, they provide a lifetime of protection from deadly and debilitating disease. They are safe and effective. They cut healthcare and treatment costs, reduce the number of hospital visits and ensure healthier children, families and communities.
For just a few dollars a dose, vaccines save lives and help reduce poverty. Unlike medical treatment, they provide a lifetime of protection from deadly and debilitating disease. They are safe and effective. They cut healthcare and treatment costs, reduce the number of hospital visits, and ensure healthier children, families and communities.
Democrats like Hillary Clinton and Bernie Sanders want to raise taxes on the rich, saying it will solve inequality. It won't. All that will do is significantly reduce incentives to work, save, and invest. But I say inequality is not the problem. The problem is a lack of growth.
Can we really believe that we are living a good life, an ethically decent life if we don't do anything serious to help reduce poverty around the world and help save the lives of children or adults who are likely to die if we don't increase the amount of aid we are giving.
Trees and clean energy [are] the long-run solution but we have no time to wait for the long run. We need a short-run solution now, and one that encourages and facilitates the transition to the long-run solution.
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